New Markets Tax Credit Coalition

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

Netterville’s mill was damaged extensively by fire and was seeking capital to restore capacity and rebuild more efficiently, reducing energy usage by 45%.

Score board manufacturer: Capturion Network, LLC, a Laurel, MS-based company which sells, installs and services digital scoreboards for sports and entertainment venues nationwide, has received an undisclosed amount of financing

Since 1984, Resinall Corp operated a manufacturing facility that produced thermoplastic resins for use in publication ink.
The Habitat Homes Project provided support to Habitat for Humanity affiliates located in Metro Jackson and in the Mississippi Gulf Coast areas of Mississippi.