Lake Mead Christian Academy

New Markets Tax Credit Coalition

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

Other Nevada Projects

Precision Opinion

Las Vegas,
NV
(2020)

COVID-19, Professional Services, Retail and Commercial

CDE(s): Advantage Capital, Community Development Venture Capital Alliance

The project allowed the company to restructure existing debt with a lower interest rate allowing the company to increase hiring to cover expanded service offerings.

Lake Mead Christian Academy

Henderson,
NV
(2015)

Community, Schools

CDE(s): Clearinghouse CDFI

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

Expertise Cosmetology Institute

North Las Vegas,
NV
(2018)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Targeted Populations, Vocational Training, Youth and Families

CDE(s): Clearinghouse CDFI

Las Vegas training institute continues to grow thanks to ongoing support from Clearinghouse CDFI

Algorithmic Intuition

Reno,
NV
(2020)

Community, Healthcare

CDE(s): Advantage Capital

Working capital to obtain 510K approval to bill Medicare/Medicaid and launch their marketing and sales team.