Los Angeles Development Fund

Los Angeles CA


The Los Angeles Development Fund ("LADF") will provide debt financing and equity-like products to industrial, commercial, retail and mixed use real estate development projects. It will focus its activities on projects that convert underutilized and blighted sites into job-producing real estate developments. LADF will use NMTCs in combination with other community development programs of the City of Los Angeles, including the City’s tax increment financing program, CDBG program and Brownfield Economic Development Initiative, to offer financing products with terms that are significantly better than market.

CDFI Awards for Los Angeles Development Fund


NMTC (2007) - $75,000,000

The Los Angeles Development Fund ("LADF") will provide debt financing and equity-like products to industrial, commercial, retail and mixed use real estate development projects. It will focus its activities on projects that convert underutilized and blighted sites into job-producing real estate developments. LADF will use NMTCs in combination with other community development programs of the City of Los Angeles, including the City’s tax increment financing program, CDBG program and Brownfield Economic Development Initiative, to offer financing products with terms that are significantly better than market.



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