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Atlanta, GA (2016)

Sheltering Arms Atlanta

Sheltering Arms, an Atlanta-based nonprofit agency that provides early childhood education, has opened a 27,000-sq. ft. center at the Barack and Michelle Obama Academy.

Investment

  • NMTC Amount: $9,300,000
  • Total Project Cost: $10,125,929

IMPACT

  • 52 FTE jobs
  • 150 construction jobs
  • 27,000 sq. ft. of real estate

Investor

Project Description

Sheltering Arms, an Atlanta-based nonprofit agency that provides early childhood education, has opened a 27,000 sq. ft. center at the Barack and Michelle Obama Academy (formerly D.H. Stanton Elementary School) in Peoplestown after raising $8.4 million from the NMTC.

MAP

Address: 970 Main Stree, Atlanta, GA 30315

Census Tract: 13121005501

Voices from the Community

The NMTC means financing to support job creators and service providers in our toughest neighborhoods. It’s a chance for the private sector to invest in communities through a proven structure to get impressive results.

-Dale Royal, Executive Director, Local Initiatives Support Corporation, Atlanta, Georgia

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