Mount Zion Redevelopment

New Markets Tax Credit Coalition

Winnsboro,
SC
(2020)

Mount Zion Redevelopment

Community, Daycare and Early Childhood, Historic Rehabilitation, Mixed-use, Nonprofit Hub, Youth and Families

Adaptive re-use of a historic school building in Winnsboro, South Carolina.

Investment

NMTC Amount: $12,000,000
Total Project Cost: $12,681,878

IMPACT

120 FTE jobs
61 construction jobs
Rehabilitation of a vacant or under-utilized historic structure.

CDEs

South Carolina Community Loan Fund, The Reinvestment Fund

Investor

US Bank

Project Description

Adaptive re-use of a historic school building in Winnsboro, South Carolina. Mount Zion Holdings, LLC will lease the site to Fairfield County Government, allowing them to upgrade their facilities and place all of their services in one location, as well as a daycare facility, event space/auditorium, and tourism services.

MAP

Address: 250 North Walnut Street, Winnsboro, SC 29180

Census Tract: 45039960400

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Mount Zion Redevelopment

Winnsboro,
SC
(2020)

Community, Daycare and Early Childhood, Historic Rehabilitation, Mixed-use, Nonprofit Hub, Youth and Families

CDE(s): South Carolina Community Loan Fund, The Reinvestment Fund

Adaptive re-use of a historic school building in Winnsboro, South Carolina.