FACTBOX-U.S. Treasury awards $1.5 bln tax credits

May 27 (Reuters) - The U.S. Treasury on Wednesday announced $1.5 billion in New Markets Tax Credit awards for 32 organizations planning investments in projects ranging from renewable energy facilities and charter schools to health care facilities and manufacturing firms.

Using resources made available by the Obama administration's $787 billion economic stimulus plan, the program provides tax credits to individual and corporate taxpayers who invest in projects around the country to create jobs, foster growth and jump-start lending.

Following are the entities receiving awards which are expected to result in investments being made in 33 states:

AHC Community Development LLC, Cleveland, Ohio, $55 million

Albina Equity Fund I LLC, Portland, Oregon, $10 million.

Bethany Square LLC, Santa Monica, California, $10 million.

California Urban Investment Fund LLC, Oakland, $20 million

Capital One Community Renewal Fund LLC, McLean, Virginia, $90 million

Capital Trust Agency Community Development Entity LLC, Gulf Breeze, Florida, $75 million