Magoffin County High School

New Markets Tax Credit Coalition

Salyersville,
KY
(2014)

Magoffin County High School

Community, Rural, Schools

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

CDEs

Community Ventures, Dakotas America

Investor

Chase

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

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CDE(s): Brownfield Revitalization, Liberty Bank and Trust, WNC National Community Development Advisors

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