De Paul Cristo Ray

roject is renovation and new construction of a high school that serves low income students.

Investment

  • NMTC Amount: $17,390,000
  • Total Project Cost: $21,414,045

IMPACT

  • 68 FTE jobs
  • 75 construction jobs

Investor

Project Description

DePaul Cristo Rey High School (“DPCR”), a college preparatory high school that serves low-income students, will build new campus buildings and renovate existing space to expand its operations and service offerings to its students. Since it opened in 2011, the school has seen tremendous growth and success, and the existing school building and modular trailer classroom units are strained to accommodate the physical and functional needs of its 325 students. The expansion will allow for an increase in enrollment by more than 25% to serve approximately 425 students, improve the quality of education and improve critical services it delivers to its low-income students.

Located in Cincinnati, Ohio, in a community with a poverty rate of 22.4% and unemployment of 10.3% (1.3 times the national average), DPCR serves a targeted population of low-income persons having an income, adjusted for family size, of not more than 80% of the area median family income. DPCR is successful in serving this population by providing rigorous college preparatory curriculum, professional work experience though its nationally recognized Corporate Work Study Program (“CWSP”), educational resources, and social services that assist the disadvantaged low-income students.

MAP

Address: 1133 Clifton Hills Avenue, Cincinnati, OH 45220

Census Tract: 39061007200

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