Lake Mead Christian Academy

Henderson,
NV
(2015)

Lake Mead Christian Academy

Community, Schools

Clearinghouse CDFI provided long-term financing for rehabilitation of the school, which provides infant day-care services and schooling for grades K-12.

Investment

NMTC Amount: $10,500,000
Total Project Cost: $11,430,238

IMPACT

53 FTE jobs
113 construction jobs

CDEs

Clearinghouse CDFI

Investor

US Bank

Project Description

Clearinghouse CDFI provided long-term financing for rehabilitation of the school, which provides infant day-care services and schooling for grades K-12. Lake Mead Christian Academy currently serves 610 students and carries a higher graduation rate than the overall state.

MAP

Address: 540 East Lake Mead Parkway, Henderson, NV 89015

Census Tract: 32003005422

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Business Development, Retail, Retail and Commercial, Rural, Targeted Populations

CDE(s): Clearinghouse CDFI

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Elko Healthcare

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CDE(s): AMCREF Community Capital, Central States Development Partners, Clearinghouse CDFI, Petros Community Impact Fund, Prestamos CDFI

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Expertise Cosmetology Institute

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CDE(s): Clearinghouse CDFI

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CDE(s): Advantage Capital

Working capital for a manufacturer of MEMs sensors to continue product commercialization and development and to add jobs.