BCCC utilizes the New Markets Tax Credit Program to finance land and infrastructure development in underserved communities in California, Arizona, New Mexico, and Texas.
Selected Transactions
Close: April 11, 2025
Cost: $68.5 million
BCCC NMTC Allocation: $12 million
Sponsor: Family Health Centers of San Diego
Investor: US Bank
Location: San Diego, CA
Close: April 10, 2025
Cost: $34.7 million
BCCC NMTC Allocation: $13 million
Sponsor: SoLA Impact
Investor: Valley National Bank
Location: Los Angeles, CA
Close: March 5, 2024
Cost: $70.3 million
BCCC NMTC Allocation: $10 million
Sponsor: College of the Desert
Investor: US Bank
Location: Indio, CA
Close: August 19, 2022
Cost: $57.1 million
BCCC NMTC Allocation: $8.5 million
Sponsor: San Ysidro Health
Investor: US Bank
Location: National City, CA
Close: September 30, 2021
Cost: $19.5 million
BCCC NMTC Allocation: $8 million
Sponsor: The Children’s Clinic, “Serving Children and Their Families”
Investor: US Bank
Location: Long Beach, CA
Close: December 2, 2020
Cost: $63.4 million
BCCC NMTC Allocation: $11 million
Sponsor: University of California, San Diego
Investor: US Bank
Location: San Diego, CA
Close: December 18, 2020
Cost: $56.9 million
BCCC NMTC Allocation: $11 million
Sponsor: Yselta del Sur Pueblo
Investor: US Bank
Location: El Paso, TX
Cost: $27.6 million
BCCC NMTC allocation: $9 million
Sponsor: Medical Center of the Americas Foundation
Investor: Capital One
Location: El Paso County, TX
Cost: $27.0 million
BCCC NMTC allocation: $8 million
Sponsor: One World Beef
Investor: JPMorgan Chase
Location: Imperial County, CA
Cost: $19.7 million
BCCC NMTC allocation: $9.7 million
Sponsor: Shea Properties
Investor: US Bank
Location: San Diego County, CA