Magoffin County High School

Construction of the new Magoffin County High School.

Investment

  • NMTC Amount: $19,400,000
  • Total Project Cost: $20,856,807

IMPACT

  • 78 FTE jobs
  • 200 construction jobs
  • 130,000 sq. ft. of real estate

Investor

Project Description

On August 2nd, 2016, representatives from Community Ventures (CV) attended the grand opening and ribbon cutting of the new Magoffin County High School. The project, which began in 2012, was funded in part by $10 million in New Markets Tax Credit. The new school sits at 130,000 sq. ft. and features a full cafeteria, library, gym, multi-use and specialized classrooms, and administrative offices.

MAP

Address: 221 Hornet Drive, Salyersville, KY 41465

Census Tract: 21153970200

PDF Profile

Other Kentucky Projects

In 2012, West Liberty, Kentucky was literally destroyed by a series of E-3 tornadoes. This NMTC project helped the community rebuild.
NMTC financing supported facility upgrades of Nemak's Kentucky electric vehicle manufacturing plant.
Financing for Kentucky Chrome Works, a manufacturer of luxury alloy wheels and the exclusive chrome plate supplier for the Corvette.
Construction of the new Magoffin County High School.