SLDC Supports St. Louis Symphony Education and Learning Center with $7 Million New Markets Tax Credits Allocation

In April, the SLDC Board of Directors authorized the allocation of $7 million of New Markets Tax Credits (NMTC) to benefit the St. Louis Symphony’s new, 3,660-square foot Education and Learning Center, which is attached to the larger Powell Hall expansion project. The learning center will support a variety of uses including rehearsal space for the IN UNISON Chorus, St. Louis Symphony Chorus and Youth Orchestra, as well as educational programs serving 250,000+ students and 1,600+ teachers annually, public lectures, immersive performances, receptions and community gatherings.

The educational outreach will target low-income residents, especially students of Saint Louis Public Schools (SLPS). With the new center, the symphony will be able to expand its reach to SLPS students by 61%, reaching more than 20,000 students a year. This outreach aligns with SLDC's Economic Justice Action Plan

Learn more about the project at: https://powellhall.slso.org/expansion

 
 
Previous
Previous

New Ronald McDonald House Receives $6 Million in New Markets Tax Credits from SLDC

Next
Next

State Awards $2.5 Million Grant to City of St. Louis to Help Redevelop Industrial Site Near St. Louis Lambert International Airport