New Markets Tax Credit Coalition

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Rosa Parks Elementary School

Investment

  • NMTC Amount: $13,218,292
  • Total Project Cost: $15,425,462

IMPACT

  • 59 FTE jobs
  • 37 construction jobs
  • 55,792 sq. ft. of real estate

Investor

Project Description

Rosa Parks Elementary, a public school project, consists of a newly constructed 55,792 sq. ft. building for use as an elementary school for grades kindergarten through five in the city of Portland, Oregon. The school building is part of the New Columbia HOPE VI project, a redevelopment of the former Columbia Villa, which was the state’s largest public housing development. It is anticipated that all of the children attending the school will live in the New Columbia HOPE VI area, and many will come from low- and moderate-income households. The total school enrollment is expected to reach 660 students and a subsequent 11,000 sq. ft. addition is planned to accommodate a Boys and Girls Club.

MAP

Address: 8960 North Woolsey Avenue, Portland, OR 97203

Census Tract: 41051003901

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