Montessori for All (2008)

Fort Worth, TX

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NMTC Amount: $708,000

Total Project Cost: $1,013,000

COMMUNITY IMPACT

Capital Impact Partners closed a NMTC transaction with Montessori For All to build a new charter school facility. By taking advantage of the NMTC program, Montessori For All secured $14.5 million in NMTC financing, representing more than 100 percent of the appraised value of the property. Montessori For All pays interest only on the debt at below market rates during the initial seven-year period. At the end of that period, almost $5 million of that financing was forgiven.

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