Local lenders participating in the Uplift America Partnership have developed a pipeline of dozens of community facilities projects in persistently poor counties across the country. These projects include a wildlife center, YMCA, health care clinics, hospitals, assisted living facilities, public safety facilities, schools, libraries, community centers, grocery stores and more.
Vance Charter School
Carolina Small Business Development Fund will be helping to finance the expansion of Vance Charter School in Henderson, NC, through a $200,000 Community Facilities loan. The school, located in an area with a 31% poverty rate, will be adding a new building to house grades 10 through 12. USDA Rural Development will provide the remaining $5M needed through its Community Facilities program. The project will create an estimated 50 jobs once it is complete, and construction is projected to be completed by July 2018.
Heaven Sent Group Home
Heaven Sent Group Home, Inc., located in Smithfield, NC, provides residential and supportive services to adults with severe mental illnesses. With the help of a $560,000 Community Facilities loan from Carolina Small Business Development Fund, the group home will be purchasing the building that it has operated out of since 2009. The project is expected to be completed by March 2018.
Central Lincoln County YMCA
Maine’s Central Lincoln County YMCA is undergoing a renovation and expansion with the help of Coastal Enterprises, Inc. (CEI). CEI made a $2.46M Community Facilities loan to the YMCA, which has raised additional money through a fundraising campaign. The YMCA has been a community hub for decades, serving 22,000 residents from ten communities, but the facility is aging and needs upgrades to continue meeting the needs of its members. The project will involve an upgrade of the aging facilities as well as the addition of a fitness center, a teaching kitchen and space to house two local nonprofits. Construction has begun and is expected to be completed by the spring of 2018.
You can read more about the YMCA here.
Seedlings to Sunflowers
Seedlings to Sunflowers is a nonprofit childcare center in Gorham, ME, offering education and childcare services for infants through elementary school-age children. CEI is helping fund a new childcare facility through a $1,495,000 Community Facilities loan. Seedlings to Sunflowers will focus on early childhood development and use activities such as gardening, crafts, reading, writing and dance to help prepare children for starting school. The center will be 5,300 sq. ft. and is projected to create 18 jobs once it is complete. Construction has begun, and the facility is scheduled to open in June 2018.
You can read more about Seedlings to Sunflowers here.
Andes Central School District
The Andes Central School District in Lake Andes, SD will be receiving Community Facilities loans from two community lenders, Dakota Resources and Rural Electric Economic Development, Inc., to consolidate the existing elementary and junior/senior high schools into one facility. Each lender will provide a loan of up to $4,875,000 to the school district, which, along with internal sources, will cover the cost of constructing the new school. The small community of Lake Andes, located in a persistent poverty county, has a median household income of $21,000 and is 43% Native American. Construction began in the fall of 2017 and is projected to be completed by late 2018 or early 2019.
OCSD 5 High School for Health Professions
South Carolina Community Loan Fund is providing a $3,825,000 Community Facilities loan to the Orangeburg Consolidated School District Five, which will be used to refinance a new facility to house their High School for Health Professions. The charter school, which gives students the foundation to prepare for careers in the health sector, is in Orangeburg County, SC, a persistent poverty county. It is a Title I school, meaning it receives financial assistance to meet the needs of low-income students, and 93% of the students are African American. The new facility will offer several upgrades, including new learning and computer labs, central air conditioning and a security system, as well as ample space for future expansion.
With the help of an $800,000 Community Facilities loan from South Carolina Community Loan Fund, the nonprofit Christian Services of Lancaster is renovating and expanding the Lancaster Bowling Center. The Center is in a high poverty area, with 40% of residents living below the poverty line. The new facility will provide services such as food pantries, a teaching kitchen, a café and office space for a partnering nonprofit, HOPE. Once completed, the Center is expected to create 11 jobs.