New Markets Tax Credit Coalition

Search

McClellan Early Childhood Education Center

McClellan ECE involves the development of a new, 14,000 sq. ft. early childhood education (ECE) facility in Detroit, Michigan. The project will be utilized as a Head Start Facility for the surrounding area’s youth. The new ECE facility includes four infant/toddler classrooms and four preschool classrooms. McClellan ECE is focused on providing quality, accessible early childhood education services to low-income in the community.

Investment

  • NMTC Amount: $8,100,000
  • Total Project Cost: $8,399,447

IMPACT

  • 48 FTE jobs
  • 14 construction jobs
  • 24 jobs created and 24 jobs retained. Serve 96 children and families of the surrounding neighborhood
  • 14,000 sq. ft. of real estate

CDEs

Investor

Project Description

McClellan ECE involves the development of a new, 14,000 sq. ft. early childhood education (ECE) facility in Detroit, Michigan. The project will be utilized as a Head Start Facility for the surrounding area’s youth. The new ECE facility includes four infant/toddler classrooms and four preschool classrooms. McClellan ECE is focused on providing quality, accessible early childhood education services to low-income and minority families in the community.

MAP

Address: 3917 McClellan St, Detroit, MI 48214

Census Tract: 26163514500

Other Michigan Projects

New Markets Tax Credits Invested in New Neogen Food Safety Diagnostic Facility
Renovation and expansion of domestic violence center.
An expansion project that requires a multi-year capital investment of $22 million but is expected to yield an additional 50-70 new jobs for the rural community.
Capital Impact Partners provided loans totaling $8.4 million ($8.7 million NMTC allocation) for the renovation and expansion of an approximately 6,000 sq. ft. building into an approximately 23,300 sq. ft.