New Markets Tax Credit Coalition

  • Rochester,
  • MN
  • (2012)

Boys & Girls Club and Head Start Program

District: Brad Finstad (R-MN01)

Financing for the Child Youth Services Center with boys and girls club and headstart

Investment

  • NMTC Amount: $12,319,000
  • Total Project Cost: $12,714,720

IMPACT

  • 34 FTE jobs
  • 70 construction jobs

CDEs

,

Investor

Project Description

NMTC financing supported a Child Youth Services Center with boys and girls club and head start. Hundreds of kids can now pour into a gleaming new Boys & Girls Club from Mont Pleasant Middle and Pleasant Valley Elementary schools.

External Profile

MAP

Address: 1026 East Center Street, Rochester, MN 55904

Census Tract: 27109000200

Missing information? Submit an update or correction.

Other Minnesota Projects

Vomela Specialty Company
  • Saint Paul,
  • MN
  • (2020)
  • CDE(s): Midwest Minnesota CDC
Financing for the installation of 1 megawatt of solar panels and purchasing various furniture, fixtures and equipment at Vomela's new 300,000 sq. ft. headquarters in Saint Paul, MN.
Learn more..
Ogaakaaning Wild Rice
  • Bemidji,
  • MN
  • (2021)
  • CDE(s): Travois, USBCDE

Red Lake Inc., an economic development enterprise of the Red Lake Band of Chippewa Indians, and its subsidiary, Ogaakaaning Wild Rice LLC, expanded its wild rice business to better serve

Learn more..
Hiawatha Academies
  • Minneapolis,
  • MN
  • (2017)
  • CDE(s): Partners for the Common Good, University Financial Corp.
Through New Market Tax Credits, Sunrise provided financing for Hiawatha Collegiate High School’s new location, which was at the former Shasta bottling plant at 3500 E.
Learn more..
Crescent Cove
  • Minneapolis,
  • MN
  • (2018)
  • CDE(s): University Financial Corp.
Financing for a nonprofit that offers care and support to children and young adults with a shortened life-expectancy, and to their families who love them
Learn more..