LIIF’s Vice President, Southeast Region LaToya Kyle (photo, right) headed to New Orleans for the exciting groundbreaking of the Wilcox Academy of Early Learning in Central City. The power of co-location is exemplified by the latest site of Wilcox Academy. Harnessing the power of New Markets Tax Credits (NMTC), LIIF offered a $2.75 million, eight-year, low-interest 3.5% Brighter Futures Fund loan to construct a new center-based facility co-located with four units of affordable housing.
Read more about the entrepreneurial journey of Rochelle Wilcox (photo, left) in this LIIF blog.
This Brighter Futures Fund loan is supported by Goldman Sachs’ “One Million Black Women” initiative.