CDFI/Stories/Community Facilities/Central Valley Community Sports Foundation

Central Valley Community Sports Foundation

The Central Valley Community Sports Foundation is a nonprofit organization focused on revitalizing community centers in California's Central Valley.
CCDFI provided over $1.5 million in financing to rehabilitate the dilapitated park.
The updated park will feature new baseball fields, pitching and batting cages, and a remodeled concession stand.
Now open, the new complex is expected to attract over 4,600 individuals annually to central Fresno.

The Central Valley Community Sports Foundation (CVCSF) is a nonprofit organization focused on revitalizing community centers in California’s Central Valley.

Clearinghouse CDFI provided over $1.5 million in financing to rehabilitate a formerly dilapidated park in this 18-acre, outdoor recreational sports complex operated by CVCSF. The updated park will feature new baseball fields, pitching and batting cages, and a remodeled concession stand.

Now open, the new community sports complex is expected to attract over 4,600 individuals annually to central Fresno. The resulting increase in tax revenues will generate a recurring economic benefit for this severely distressed area.

Download the full announcement here: Just Funded – Central Valley Community Sports Foundation 

Related Articles and Insights

AdobeStock_274982011_Resize

Overcomers Ministries Church | Acquisition Financing

Clearinghouse CDFI provided $937,500 in acquisition financing to Overcomers Ministries…
Read Full Article
Cristo-Rey-Ft-Worth-2 – Copy

Cristo Rey Fort Worth | STEAM Center Expansion

Clearinghouse CDFI provided $1,425,000 in financing to support campus expansion and…
Read Full Article
APAIT-1

Special Service for Groups – Kohler | 60-Bed Interim Housing Project

CCDFI financed $5.4 million to support an interim housing project that expands access to…
Read Full Article
Untitled-design-55

Seacoast United Outdoor Complex – Epping, NH

Clearinghouse CDFI provided a $6,800,000 loan for a cash-out refinancing supporting…
Read Full Article
Untitled-design-54

North Shore Sportscenter – Northbrook, IL

Clearinghouse CDFI provided $7,800,000 in refinancing for the continuation and expansion…
Read Full Article
Untitled-design-53

Best Choice Fieldhouse – Fishers, IN

Clearinghouse CDFI provided a $5.4 million loan to support the refinancing of youth…
Read Full Article