Flint Early Education Center

New Markets Tax Credit Coalition

Flint,
MI
(2017)

Flint Early Education Center

Community, Daycare and Early Childhood, Youth and Families

Construction of a new state-of-the-art early childhood education center for the children affected by the Flint water crisis.

Investment

NMTC Amount: $15,469,250
Total Project Cost: $15,602,254

IMPACT

79 FTE jobs
75 construction jobs
220 children served by the early childhood center.
36,750 sq. ft. of real estate

CDEs

Consortium America, IFF, Local Initiatives Support Corporation

Investor

PNC

Project Description

Construction of a new state-of-the-art early childhood education center for the children affected by the Flint water crisis. The 36,750 sq. ft. Educare Flint facility could not have been completed in such a short time frame without the help of a financing and construction team dedicated to the cause. Part of that financing included an investment by PNC Bank of about $5.6 million in New Markets Tax Credit equity for the project.