Montessori for All

Fort Worth,
TX
(2008)

Montessori for All

Community, Schools

Construction of a new charter school facility.

Investment

NMTC Amount: $708,000
Total Project Cost: $1,013,000

IMPACT

8 FTE jobs
5 construction jobs

CDEs

Self-Help

Investor

Unknown

Project Description

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.

MAP

Address: 501 Oakland Boulevard, Fort Worth, TX 76103

Census Tract: 48439106507

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