Educare Springfield (2018)

Springfield, MA

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NMTC Amount: $12,000,000

Est. Total Project Cost: $15,000,000

COMMUNITY IMPACT

Educare Springfield, the first Educare school in Massachusetts, serves 141 Head Start-eligible young children and their families with a full-day, year-round early education program. The school, located in the highly distressed Old Hill neighborhood, is now a landmark lab school for best practices and an essential resource for Springfield College, Springfield Technical Community College, Springfield Public Schools and the early education community across the state for training and providing professional development for future teachers, social workers, and researchers. Educare Springfield also pursues opportunities for partnerships and collaborations in the local community.

The project would not have been possible without financing from the New Markets Tax Credit (NMTC) from MassDevelopment, an NMTC equity investment from Capital One, N. A., the hard work of foundations, city and state officials, and two anonymous donations.

Project Map