Open Avenues

Rogers,
AR
(2011)

Open Avenues

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Youth and Families

Open Avenues, a 501(c) that fosters independent living and work skills for disabled adults, used a $6.5 million New Market Tax Credit allocation to support financing of their new headquarters in Rogers.

Investment

NMTC Amount: $6,370,000
Total Project Cost: $6,647,494

IMPACT

12 FTE jobs
33 construction jobs

CDEs

Heartland Renaissance Fund

Investor

US Bank

Project Description

Open Avenues, a 501(c) that fosters independent living and work skills for disabled adults, used a $6.5 million New Market Tax Credit allocation to support financing of their new headquarters in Rogers. The new building serves as the headquarters as well as the life skills facility for Open Avenues. Aiming to provide opportunities for a more fulfilling life for its participants, Open Avenues offers instruction in daily living skills, employment skills training, and offers job placement services to their clients. By utilizing the New Market Tax Credit Program, Open Avenues was able to expand to a larger facility providing a better service to their participants.