Navajo Tribal Utility Authority Electrical Substations

Shiprock,
NM
(2009)

Navajo Tribal Utility Authority Electrical Substations

Community, Targeted Populations

Financing for the construction of two electrical substations on the Navajo Nation Reservation

Investment

NMTC Amount: $6,272,000
Total Project Cost: $6,272,000

IMPACT

78 FTE jobs
31 construction jobs
Brought 400 families, previously without power, onto the grid

CDEs

Travois

Investor

US Bank

Project Description

Working with US Bancorp Community Development Corporation (USBCDC) as the investor and The Navajo Tribal Utility Authority (NTUA) as leverage lender, Travois New Markets used $6.4 million in allocation to finance the construction of two electrical substations on the Navajo Nation Reservation. The new substations doubled electrical capacity to the Shiprock region without raising residents’ electric rates and brought 400 families, previously without power, onto the grid.

MAP

Address: , Shiprock, NM 87420

Census Tract: 35045942801

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