Project Everest

Multi-Tenant Education and Technology Innovation Hub that expands coding-education and workforce training opportunities for an underserved diverse population in rural Mississippi.

Investment

  • NMTC Amount: $6,500,000
  • Total Project Cost: $7,300,000

IMPACT

  • 15 FTE jobs
  • 14 construction jobs

Investor

Voices from the Community

Water Valley Mayor Donald Gray agreed the economic, social, and physical components of this project is going to be a great change” for the city. The physical part is going to make our city much better. The economic, I can’t even start to imagine. …Hopefully a lot of these students will come back and build houses and become taxpayers,” Gray said. People can make a good living and these kids make a really good living starting out. They feel better about themselves … about their families. https://mississippitoday.org/2020/02/03/5-million-tech-center-expands-effort-to-close-skills-gap-as-tech-firms-step-up-investment-in-mississippi/

-Donald Gray, Mayor, Water Valley, Mississippi

Project Description

Multi-Tenant Education and Technology Innovation Hub that expands coding-education and workforce training opportunities for an underserved diverse population in rural Mississippi. Tenants include BaseCamp Coding Academy (BCCA), a satellite campus for Northwest Mississippi Community College and a Business Integration/Incubation space for Business sponsors of BCCA.

MAP

Address: 802 Central Street, Water Valley, MS 38965

Census Tract: 28161950200

Other Mississippi Projects

PB Community Impact Fund provided a $3.6 million New Market Tax Credit enhanced loan to Consolidated Catfish Producers to refinance high-interest debt that was burdening its operations. Consolidated Catfish Producers

Chicken processing facility upgrade including an automated breast de-boner and an expansion of retail bagging capabilities at a 99,000 sq. ft. Central Mississippi plant.

PB Community Impact Fund and BXS Community Fund provided federal New Market Tax Credit allocation and to Lackey Memorial Hospital to finance the construction of a new Medical Arts Complex

Financing for a Biomass processing and manufacturing facility.