Choctaw Community Facilities

The Mississippi Band of Choctaw Indians used the NMTC to support its new early childhood education centers and an elementary school expansion.

Investment

  • NMTC Amount: $15,000,000
  • Total Project Cost: $15,000,000

IMPACT

  • 42 FTE jobs
  • 73 construction jobs

Investor

Project Description

The Mississippi Band of Choctaw Indians recently closed a New Markets Tax Credit transaction related to its two new early childhood education centers and an elementary school expansion — resulting in a $2.3 million benefit to the Tribe.

MAP

Address: 416 Arrowhead Road, Walnut Grove, MS 39189

Census Tract: 28079040402

Other Mississippi Projects

After successfully growing and stabilizing three middle schools and one high school in Nashville, RePublic Schools launched Reimagine Prep in the fall of 2015 in Jackson, MS.
NMTC financing supported a construction loan for the rehabilitation of historic hotel in Clarksdale, MS, run by an artist co-op.
Ashley Furniture Industries, a home furnishing manufacturer and retailer, expanded its production capabilities by repurposing an abandoned building into a state-of-the-art facility that pours foam and included a storage warehouse
The Habitat Homes Project provided support to Habitat for Humanity affiliates located in Metro Jackson and in the Mississippi Gulf Coast areas of Mississippi.