Martha O’Bryan – Explore Community School

New Markets Tax Credit Coalition

Nashville,
TN
(2018)

Martha O’Bryan – Explore Community School

Community, Daycare and Early Childhood, Grocery and Fresh Food, Library, Retail, Retail and Commercial, Schools, Youth and Families, Youth Program

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

CDEs

Low Income Investment Fund, Nonprofit Finance Fund, Truist

Investor

Truist

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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