Kemper County School District

Dekalb, Mississippi

Investment
Highlights

2023

Year

$20.9 million

Development Budget

$14.5 million

Allocation

246

Students Served Annually

Clients
Kemper County School District

Hope Enterprise Corporation

Use of Allocation Capital
Real Estate Development

Kemper County School District serves over 900 students in grades Pre-K through 12 throughout rural Mississippi. Kemper County School District used NMTC financing for the construction of a state-of-the-art elementary school facility to serve their rural Mississippi community. The 67,000 sq. ft. building features 19 state-of-the-art classrooms, specialty spaces for art and music, a gifted classroom, and a multi-purpose activity room with storm shelter capabilities. The facility also includes administrative space, offices and support areas, as well as a teacher’s workroom, and nurse stations.

This transformative project marks the first phase of the District's five-phase strategic plan to centralize educational facilities in Dekalb, serving a student population where 100% qualify as economically disadvantaged.

Services Provided by Classic Lake:

  • New Markets Tax Credit Advisory

Community and Economic Impacts

  • 19 new classrooms, a media center, and STEM learning spaces

  • Serves 246 low-income students annually (95% minority)

  • Strengthens educational resources in rural Mississippi with an economically disadvantaged student population

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