New Markets Tax Credit Coalition

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Martha O’Bryan – Explore Community School

A vibrant educational K - 8 charter school in one of Nashville's lowest income neighborhoods.

Investment

  • NMTC Amount: $29,000,000
  • Total Project Cost: $30,400,000

IMPACT

  • 141 FTE jobs
  • 166 construction jobs
  • 85,858 sq. ft. of real estate

Investor

Project Description

Martha O’Bryan Charter School creates a vibrant educational K – 8 charter school in one of Nashville’s lowest income neighborhoods. The project involved an innovative partnership with Martha O’Bryan Charter that will educate 65% low-income students at Cayce Homes, a Nashville Hope VI project. NMTC Financing supported new construction of an 85,858 sq. ft. charter school facility. At completion, the school will move from its temporary location into a permanent home to serve 850 students from Kindergarten to 8th grade.

MAP

Address: 707 South 7th Street, Nashville, TN 37206

Census Tract: 47037019300

PDF Profile

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