The building underwent major renovations and expansion as part of the organization’s Moving Forward capital campaign. The final stage of our Arts Campus was completed in 2016, the 8th St Arts Park, which converted the asphalt alley between our building and the adjacent Brookland Artspace Lofts into a vibrant public space. Today, our campus includes three training and rehearsal studios, a 144-seat theater, two offices, a children’s center, the 8th St Arts Park and housing for artists and interns.
Capital Impact Partners recently closed a NMTC transaction with Montessori For All to build a new charter school facility. By taking advantage of the NMTC program, Montessori For All secured $14.5 million in NMTC financing, representing more than 100 percent of the appraised value of the property. Montessori For All will pay interest only on the debt at below market rates during the initial seven-year period. At the end of that period, almost $5 million of that financing will be forgiven.
Henderson Collegiate is one of the best high performing public charter schools Henderson NC.