Chocktaw Hotel

Investment

  • NMTC Amount: $15,200,002
  • Total Project Cost: $15,200,002

IMPACT

  • 50 FTE jobs
  • 76 construction jobs

Project Description

A new hotel was financed on Choctaw lands to create jobs and economic development after the devastation of Katrina.

MAP

Address: 13240 Highway 16 West, Philadelphia, MS 39350

Census Tract: 28099940100

Other Mississippi Projects

Working capital enabling Williams Medical Clinic to expand its business and continue delivering high-quality medical care in an impoverished rural county.
Mueller utilized NMTC proceeds in the second phase of its expansion and modernization of copper tube and line production at its Fulton, Mississippi facility.

PB Community Impact Fund provided $8,000,000 of federal New Market Tax Credit allocation to Forrest County General Hospital to finance the construction of the Pinegrove Behavioral Health Center (Pine Grove).

NMTC transaction brings the KemPosits manufacturing company to the Mississippi Choctaw on-reservation TechParc.