Project of the Month: Instituto Health Sciences Career Academy

Our latest featured project is Instituto Health Sciences Career Academy (IHSCA), a charter school in the Pilsen community of Chicago. IHSCA aims to prepare youth to succeed in competitive colleges and careers, and continues to provide support services to students through their first two years of postsecondary education or training. Emphasizing health, it helps students to obtain job readiness certification for entry-level positions with higher wages in health care and gain awareness of healthier lifestyles.

NMTC financing allowed Instituto del Progreso Latino, the sponsor, to purchase and convert an existing timber loft building into the new home for the school, allowing IHSCA to serve more than 800 students.

We'd also like to congratulate Juan Salgado, the President and CEO of Instituto del Progreso Latino, for being named a 2015 MacArthur Fellow!

Read more about the project here.

Healthy Futures Fund Finances the Conway Center in D.C.

In Washington, D.C., the Healthy Futures Fund (HFF) is helping to bring health care, affordable housing, and job training under one roof. The Conway Center is the first HFF project to use both New Markets Tax Credit (NMTC) and Low-Income Housing Tax Credit (LIHTC) financing. So Others Might Eat (SOME), the nonprofit developer of the $90 million project, will provide comprehensive and holistic services to homeless and low-income families in the center. To learn more, read Next City's article here.


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