Community Food Bank: Fresno, CA (Closed June 2018)
Capital Peak Partners provided NMTC consulting services to the Community Food Bank in Fresno, CA for the acquisition and rehabilitation of a new 140,750 sq. ft. food bank facility. This facility will be used for their headquarters and distribution center which significantly enhances the organizations ability to provide healthy food to low-income families and individuals throughout the five southern counties in Central California. The $8.8mm NMTC transaction closed in June 2018 partnering with Northern California Community Loan Fund as CDE and source loan lender and Chase Bank as NMTC tax credit investor.