St. Croix Chippewa Indians

New Markets Tax Credit Coalition

Webster,
WI
(2018)

St. Croix Chippewa Indians

Community, Infrastructure, Municipal Facilities, Rural, Targeted Populations

The St. Croix Chippewa Indians of Wisconsin used NMTCs for a new judicial center.

Investment

NMTC Amount: $4,500,000
Total Project Cost: $4,500,000

IMPACT

90 FTE jobs
45 construction jobs

CDEs

Bremer CDE, Forward Community Investments, WHEDA

Investor

Bremer Bank

Project Description

St. Croix Chippewa Indians – Judicial Center – This complex deal was years in the making. It provides refinancing of existing gaming debt, loans for new economic development project construction, obtaining NMTCs for the repurposing of the existing judicial building, and the development of a new judicial center. The St. Croix Chippewa Indians of Wisconsin used NMTCs with the financing for the economic development projects, producing a net $4.5 million of cash to fund the new judicial center in its entirety.

MAP

Address: 24663 Angeline Avenue, Webster, WI 54893

Census Tract: 55013970600

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