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Tucson, AZ (2011)

Pascua Yaqui Tribe Head Start

Travois New Markets recently helped the Pascua Yaqui Tribe secure NMTC financing for its new $8.7M education center that broke ground in December 2011.

Investment

  • NMTC Amount: $8,700,000
  • Total Project Cost: $8,700,000

IMPACT

  • 60 FTE jobs
  • 100 construction jobs
  • 40,000 sq. ft. of real estate

Investor

Project Description

Travois New Markets helped the Pascua Yaqui Tribe secure NMTC financing for its new $8.7 million education center that broke ground in December 2011. Wells Fargo provided $2.4 million in New Markets Tax Credit equity for the project, which helps fund a nearly 40,000 sq. ft. two-story education center. The tribe saw a great need for a state-of-the-art education center as it continued to see its students lag behind their counterparts in other ethnic groups in literacy and math but had been unable to begin building the center because of a financing gap that remained after grants and tribal funds were raised.

The Pascua Yaqui Education Center provides instruction for multiple generations, including secondary, General Education Development (GED) and adult continuing education students, who will flourish under one roof and receive culturally appropriate education. Highlights of the center include an extensive Library and Resource Center, the technology-based education program called Tech Ania (Yaqui word meaning “world”) and a cultural preservation center. The education center also hosts community engagements.

MAP

Address: 5100 West Calle Tetakusim, Tucson, AZ 85757

Census Tract: 4019004320

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