ILCC provided $2.6 million in financing for initial site preparation on a $28 million retail development. Located 120 miles north of San Francisco in Lake County, the Big Valley Rancheria is in the heart of a popular recreation area surrounding Clear Lake, the largest natural lake located wholly within the state of California. The centerpiece of the property is a 5-bedroom, 4-bath home that is being converted into two vacation rental units by the Mesa Grande Business Development Corporation (BDC), the Tribe’s economic development arm which is focused on developing agritourism enterprises. The area is a popular tourist destination with a variety of outdoor recreation opportunities, wineries and other agritourism attractions. Located about 90 minutes northeast of San Diego, the farm is situated 12 miles east of the community of Ramona. ILCC provided an $895,000 loan to the Mesa Grande Band of Mission Indians to help finance the purchase of a 40-acre parcel adjacent to the Tribe’s Golden Eagle Farm. Mesa Grande Band of Mission Indians, California
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