New Markets Tax Credit financing close
Steel City AcademyIndiana- Detected
- Aug 10, 2026
- 86 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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From the meeting
On August 10, 2026 the board approved the New Markets Tax Credit transaction to finance renovation and equipping of the vacant building at 1988 Polk Street into a new Steel City Academy facility. 5 million in QLICI loans and $812,500 in direct loans, and empowered the executive director to execute the closing documents. The deal was still waiting on title documents and property insurance at the time of the presentation.
Financial and lending parties may still have follow-on closing, documentation, and compliance work.
- Meeting date
- August 10, 2026
- Agency
- Steel City Academy
Questions about this project
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When will Steel City Academy issue an RFP for this project?
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