New Markets Tax Credits Finance New Orleans Charter School

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KIPP Believe’s new charter school will open this fall in New Orleans, consolidating two campuses and providing students with a state-of-the-art facility. This Purpose Built Communities project co-locates housing, child care and a health clinic on the school site. LIIF contributed $12.3 million in New Markets Tax Credits (NMTC) and partnered with Capital One and Partners for the Common Good for a total $22.8 million NMTC allocation.

Read more about this project in the Times-Picayune and New Orleans City Business.