Goodwill Industries of Southern Piedmont - Opportunity Campus
Weave worked with Goodwill Industries of Southern Piedmont in 2015 to facilitate a multi-CDE NMTC transaction on a short timeline, which included $500,000 in grant capital from the tax credit buyer.
2015 Novogradac
Metro QLICI of the Year
Honorable Mention
Service
NMTC Consulting
Location
Charlotte, North Carolina
Brief
The Goodwill Opportunity Campus LLC is a nonprofit community center that provides career training for low-income individuals. It is a 160,000-square-foot facility on an 18-acre site, consolidating operations and expanding services by 65%, including providing essential job training, career coaching and placement, and other supportive services to the low-income community in West Charlotte.
Impacts
Job creation:
120 total quality full time jobs
96 construction jobs
1,800 clients connected to jobs each year
Services
The Opportunity Center serves an average of 450 lower income clients a day with a variety of job training, work opportunity, and supportive services.
Uses
NMTC funding was utilized to fill a capital gap, enabling the construction of the project.
Financing
$12 million NMTC transaction