Terra NW – New Markets Tax Credit Coalition

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Terra NW (2011)

Anchorage, AK

NMTC Amount: $140,523,585

Est. Total Project Cost: $140,523,585

CDEs: Lower Brule Community Development Enterprise
Project Type(s): Broadband, Community, Indian Country, Infrastructure, Rural

COMMUNITY IMPACT

The Alaska telecommunications provider, GCI, completed Phase 1 of the TERRA-NW broadband service in December and started transmitting commercial traffic on Jan. 3, 2013. Travois New Markets used a portion of its 2011 allocation to assist with financing. The new network providess broadband to 808 businesses, 79 schools and 74 hospitals and clinics, including the new $91 million American Recovery and Reinvestment Act — funded, tribally-owned and operated Norton Sound Regional Hospital in Nome. Alaska Natives who live in remote villages was able to use video conferencing to receive medical and psychiatric care; students can connect over video conferencing to receive remote instruction in courses — all services which were once thought impossible.

Other stages of the project have received NMTC financing as well.

Voices from the Community

NMTCs have helped unlock over $200M in private investment for a broadband network now serving over 44,000 mostly Alaska Native people in 84 remote western Alaska communities.

-Lewis Schnaper, Vice President, GCI Business, GCI Communication Corp., Anchorage, AK Tweet This

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NMTC Amount: $140,523,585

Est. Total Project Cost: $140,523,585

COMMUNITY IMPACT

Voices from the Community

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