Kingsley House in New Orleans plans for new facility
New Orleans daily newspaper, the Times-Pacyune, recently featured the expansion plans for Kingsley House, a local community organization. Founded in 1896 as the first settlement house in the South, Kingsley is a New Orleans-based non-profit organization which provides education, health, and other critical services to economically vulnerable and underserved communities across southeast Louisiana.
With support from LIIF, Chase Bank and the Louisiana Office of Community Development, Kingsley will construct a new 24,000-square-foot facility adjacent to it’s existing campus to expand its early childhood education and adult day health care programs. LIIF provided a $6.5 million allocation of New Markets Tax Credits (NMTCs) and leveraged financing as part of a $8 million NMTC transaction.Read the full article at Nola.com
- Learn more about LIIF’s New Markets Tax Credit Program
- View more of LIIF’s Community Facilities Projects