Cristo Rey – Milwaukee

New Markets Tax Credit Coalition

Milwaukee,
WI
(2019)

Cristo Rey – Milwaukee

Community, Daycare and Early Childhood, FQHCs, Grocery and Fresh Food, Healthcare, Private School, Religious Organizations, Retail, Retail and Commercial, Schools, Targeted Populations, Youth and Families, Youth Program

Construction of a 106,369 sq. ft. educational facility on donated property.

Investment

NMTC Amount: $21,590,000
Total Project Cost: $32,015,216

IMPACT

120 FTE jobs
51 construction jobs
50% of the permanent jobs at the school will be held by minority or low-income persons. The project has a commitment to MWBE inclusion in regards to vendors and construction workers.
106,369 sq. ft. of real estate

CDEs

First-Ring Industrial Redevelopment Enterprise, Forward Community Investments, Raza Development Fund, USBCDE

Investor

US Bank

Project Description

Construction of a 106,369 sq. ft. educational facility on donated property. The school will relocate its high school campus to the new facility to meet special needs of enrollment and technology. The project included upgraded safety and security features to serve 450 students annually. The founding class is the first generation to college, and 100% of the students are low-income with 90% utilizing the Milwaukee Parental Choice Program, which provides students with financial assistance to attend private schools.

Cristo Rey Jesuit Milwaukee High School serves young women and men of all faiths and limited financial means.

MAP

Address: 1818 West National Avenue + 1818 West National Avenue, Milwaukee, WI 53204

Census Tract: 55079015800

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