LA Development Fund

The LA Development Fund is a #NMTC community development lender established by @LACity. We're looking to fund projects. Learn more at

[Mark Ridley-Thomas @mridleythomas]

Performing arts have long been a staple in this community. Breaking ground on the Debbie Allen Dance Academy’s new Rhimes Performing Arts Center! @msdebbieallen @ShondaRhimes @OfficialDADance @RyanPhuong @LACountyArts @LACDevAuthority
https://t.co/k1lYJHnQLw

[LA Development Fund @LADFNewMarkets]

The @ChildrensInstLA Watts Campus - financed by LADF with $11 million in NMTCs - "topped off" this week! The project will provide critical support services to children and families affected by poverty and intergenerational trauma.

https://t.co/Y51pUVapXU

[LA Development Fund @LADFNewMarkets]

The @ywca_gla (recipient of #NMTC financing from LADF in 2009 for the LA Job Corps Urban Campus) is live now with its virtual town hall "Standing in Solidarity" - tune in now!

https://t.co/YW3nYuFw1S

[LA Development Fund @LADFNewMarkets]

Check out @HeartofLA's inspiring virtual graduation ceremony, commemorating the amazing LA youth that make up Class of 2020 - LADF financed HOLA's new campus in Lafayette Park with 2 rounds of #NMTC

https://t.co/cU4KijTGpE

[LA Development Fund @LADFNewMarkets]

The @HeartofLA has stepped up BIG for disadvantaged families throughout LA during this pandemic with groceries and virtual exercise classes for children and parents. LADF closed on its 2nd round funding to HOLA on May 19, 2020 for a total $8.15mm in #NMTC.

[LA Development Fund @LADFNewMarkets]

LADF has proudly supported the revitalization of Watts w/ NMTC investments in @ChildrensInstLA and Freedom Plaza @ Jordan Downs. Children's Institute was also recently awarded $5 Million from @HACLA1938 as part of a larger investment in Watts. #WattsRising
https://t.co/Q7fme6b6BW

[LA Development Fund @LADFNewMarkets]

.@OIforC Opens Newest/Most Modern Pediatric Orthopaedic Urgent Care Center @LACity
State-of-the-art Center serves need for essential urgent & trauma medical care for children with musculoskeletal conditions https://t.co/rIrej7TAZa
#LADF gave $10M #NMTC's to help fund the project

[LA Development Fund @LADFNewMarkets]

The @LADreamCenter, #NMTC financed by LADF, is answering the call from LA families in need and bravely supporting the response to the coronavirus pandemic.

[NMTC Coalition @NMTCCoalition]

#NMTC financed LA Dream Center providing meals for families in need during coronavirus pandemic: https://t.co/tIlxZvD5BR

[LA Development Fund @LADFNewMarkets]

. @NMTCCoalition #NMTC helps stabilize local economies during economic disasters – both natural and otherwise. Learn more: https://t.co/TbVOSDgRNp

[LA Development Fund @LADFNewMarkets]

We allocated $15M #NMTC's to Union Rescue Mission @URM
Angeles House new 74,900 sqft building providing a safe place for approx 275 previously unsheltered children & their parents w 86 transitional housing units & support services. Project will exclusively serve families.
#SocEnt

[LA Development Fund @LADFNewMarkets]

Check out the Work Zone Cam from 3/18 to 11/19 of the building of the 25K sqft Arts/Rec Center @HeartofLA https://t.co/yNXrkItv4P
We gave $2.75M #NMTC's to the project which provides underserved @LACity youth w free, exceptional academics/arts/athletics programs
#EconDev #SocEnt

[LA Development Fund @LADFNewMarkets]

.@TerasakiBudokan Recreation Center project, 150-panel solar power system donated @Mitsubishi_USA installed by students/volunteers w disabilities trained @GRID
Over 25 years system will save $366k+ in power & eliminate 751 tons greenhouse gasses
#LADF gave $10M #NMTC's to project

[LA Development Fund @LADFNewMarkets]

.@CNNPolitics A path out of homelessness: Learning art of cooking
@LALGBTCenter
#LADF gave $10M #NMTC's to the Anita May Rosenstein Campus with senior affordable housing, supportive housing for homeless youth, new senior and youth centers and more
#SocEnt https://t.co/Gpz7SiqSSi

[LA Development Fund @LADFNewMarkets]

Do you have a great project you want us to know about?
We generate private investment capital with #NMTC & fund development projects @LACity
helping low-income communities out of economic distress
Check out your project eligibility/apply https://t.co/3Bde1wjaOd
#EconDev #SocEnt

[LA Development Fund @LADFNewMarkets]

We allocated $15M #NMTC's to rehab 41k sqft building as new Vallarta Van Nuys Supermarket, creating minority-owned grocery store in USDA designated food desert. Estimated 80% of full time employees to be filled by low-income surrounding community residents https://t.co/EYuKTV0XsW

[LA Development Fund @LADFNewMarkets]

We allocated $11M #NMTC's to construction of this new 20k sqft facility in Watts @ChildrensInstLA, providing at-risk children/youth/families integrated services focused on mental health/early care & education/youth development/family support services https://t.co/7dckwJiv9v

[LA Development Fund @LADFNewMarkets]

Created by @LACity
we've invested $226M+ #NMTC's to projects
boosting economically disadvantaged communities
creating & preserving stable jobs
providing greater access to goods & services
attracting new business
creating economic growth
https://t.co/3Bde1wjaOd
#EconDev #SocEnt

[LA Development Fund @LADFNewMarkets]

.@smartfinal store opens at #JordanDownsPlaza with fresh produce, healthy food, new jobs.
We allocated $10M #NMTC's to 9.5 acre, 118,000 sqft shopping/retail center built as part of #JordanDowns SouthLA redevelopment project @LACity
#EconDev #SocEnt
@ABC7 https://t.co/lMuwVy3Baf

[LA Development Fund @LADFNewMarkets]

We're the #LADF and we generate private investment capital with #NewMarketsTaxCredits and fund development projects
@LACity helping low-income communities out of economic distress
Do you have a great project? Check out eligibility at https://t.co/3Bde1wjaOd
#EconDev #SocEnt #NMTC

[LA Development Fund @LADFNewMarkets]

We've allocated $211,000,000 #NMTC's into local low-income communities @LACity
Investments like these in CD 15 touch Angeleno’s lives through the impact of newly created or rehabilitated construction & new jobs
Learn more at https://t.co/CQ8Mzec6rv
#SocEnt #EconDev
@JoeBuscaino