Madera Unified School District

Madera, California

Investment
Highlights

2021

Year

$46 million

Development Budget

$10 million

Allocation

1,080

Students Served Annually

Clients
Central Valley NMTC Fund

Use of Allocation Capital
Real Estate Development

Madera Unified School District (MUSD) serves students from the rural Madera community, where 89% come from low-income families, and 94% are minorities, predominantly Hispanic (90%). To enhance career readiness and workforce development, MUSD utilized NMTC financing to develop a $46 million, 42,809 sq. ft. Career Technical Education (CTE) School. This facility is designed to introduce middle school students to high-demand career pathways, equipping them with early exposure to technical skills and industry certifications that lead to high-wage, high-growth careers.

The school features high-tech laboratories, interconnected classrooms, a 95-seat lecture room, an equipment shop, and student collaboration areas. Career pathways include Agriculture & Natural Resources, Manufacturing & Engineering, Health Science & Medical Technology, Digital & Performing Arts, Business & Entrepreneurship, and Public Safety—all critical industries for the regional economy.

Services Provided by Classic Lake:

  • New Markets Tax Credit CDE Investment Advisory

Community and Economic Impacts

  • 281 construction jobs

  • 28 new full-time jobs

  • Serves 1,080 students daily in career and technical education programs

  • Introduced high-tech laboratories and specialized classrooms

  • Strengthens regional workforce development efforts in agriculture, engineering, and healthcare

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