New Markets Tax Credits (NMTC) enabled Sherwood Forest, a youth development organization serving young people from economically distressed families and communities in the St. Louis metropolitan region, to expand our resident camp facilities located in Reynolds County, Missouri. This facility expansion allows Sherwood Forest to serve more children during the summer and in the school year. Construction took place in an economically distressed rural area of the State of Missouri. Without NMTC, the scope of this project would have been greatly reduced. The positive impact to those we serve from St. Louis and to our community in rural Missouri will be felt for a long time to come. I strongly encourage the bi-partisan support for the renewal of the New Markets Tax Credit Extension Act (H.R. 1680 and S. 750) so that other communities will benefit in years to come.
The NMTC program allowed us to complete some critical facility upgrades and replacements.
The project consist of building a dining hall, learning center, cabin for staff, washhouse for campers, dam repairs, and an upgrade to the health lodge. Sherwood Forest is an independent, nonprofit youth development agency, which helps kids from low-income families in the St Louis region escape poverty. It is one of only three organizations across the nation offering month-long residential summer camp experiences and year-round programming.
Address: Highway 21 South, Lesterville, MO 63654
Census Tract: 29179380100
