Schools

The New Markets Tax Credit’s flexibility allows communities to access financing for a wide variety of businesses and community facilities prioritized by residents of low-income communities. For example, about four percent of NMTC-financing goes to schools.

School Success Stories:

2020
The Anna Julia Cooper Episcopal School (AJCES) is the only tuition-free private school serving elementary and middle school students in the East End of…
2020
The rehabilitation and new construction of a public charter elementary school. The school will use a STEAM curriculum and includes an extended day program…
2020
Finances the renovation and expansion of a vacant 43,515-square-foot, single-story office building on 4.31 acres, repurposed into a K-8 school. It will add a…
2020
Construction of a new middle school building to expand the current K-5 enrollment to K-8. New construction of a 27,000 SF middle school on…
2020
Development of 47,000 SF of unused retail space into a Fine Arts Makerspace, a Performance Stage, a Gym/Fitness Center and additional classrooms for a…
2020

Walnut Grove, MS 

The Mississippi Band of Choctaw Indians recently closed a New Markets Tax Credit transaction related to its two new early childhood education centers and…
2020
Finances the construction of a new 65,000-square-foot, three-story elementary school that will house two classes per grade level and a 520-student capacity. East Baltimore…
2020

Saint Paul, MN 

This transaction will finance the acquisition of a renovated 32,000 square foot building that will house educational and job training programs for immigrants and…
2012

Chicago, IL 

Resurrection University trains students for careers in nursing and allied health care professions….
2019

Des Moines, IA 

Boys and Girls Clubs of Central Iowa provides a safe, supportive place, structured programs and caring staff. They work to have kids graduate high…
2015

Henderson, NV 

Clearinghouse CDFI provided long-term financing for rehabilitation of the school, which provides infant day-care services and schooling for grades K-12….
2014
York Academy Regional Charter School opened in 2011 with students in kindergarten, first and second grades from three area school districts (The School District…
2018
The Girls Leadership Academy of Wilmington is a charter school affiliated with the Young Women’s Leadership Network. Through generous support from the local community,…
2011

West Valley City, UT 

Formerly know as “The School for New Americans,” this charter school has served many refugee students and their families and currently houses approximately 570…
2015
Redevelopment of a 53,480 sq. ft. charter school providing interactive, hands-on approach….
2016
Mixed use facility including a children’s hospital, school and early childhood agency services to low-income people….
2010
Financing for the construction of the 45,000 sq. ft. facility for E.L. Haynes…
2019
Financing for the construction of the 45,000 sq. ft. facility for E.L. Haynes…
2018

Washington, DC 

Redevelopment and expansion of a vacant 18,000 sq. ft. school building that formerly housed Our Lady of Perpetual Health Catholic School into a ‘state…
2014

Washington, DC 

By transforming a deserted block of former warehouses in Ward 5 into an award-winning elementary and middle school, and a former DCPS facility into…