New Markets Tax Credit Coalition

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KIPP Gaston College Prep

Investment

  • NMTC Amount: $4,000,000
  • Total Project Cost: $5,460,263

IMPACT

  • 30 FTE jobs
  • 20 construction jobs
  • Project includes a Federally Qualified Health Center.

CDEs

Investor

Project Description

KIPP Gaston College Preparatory Public School opened in 2001 and serves 1,043 students in Grades K-1, 5-12 in rural Northhampton County. Gaston Prep provides transportation and lunch to its mostly low-income students. Over 50% of the school’s first graduating classes have graduated college, five times the national average for low-income students.

NMTC financing for the school that also supported Rural Health Group, an FQHC. 

MAP

Address: 320 Pleasant Hill Road, Gaston, NC 27832

Census Tract: 37131920401

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