October 21, 2013
Project Partners, Investors and Supporters will gather on Wednesday October 23, 2013 to celebrate the Grand Opening of the new downtown campus of Spartanburg Community College.
Wednesday’s event will mark the completion of renovations to the Evans Building, a once vacant historic building in downtown Spartanburg. The rehabilitated facility will provide a full suite of certificate and associate degree programs to prepare students for career-path employment. The new state-of-the-art facility includes classrooms, computer labs, science labs, a 5,000 sq. ft. auditorium and 7,150 sq. ft. gymnasium. The Campus also houses a 13,000 sq. ft. one-stop career center that offers comprehensive workforce development and job placement programs targeted to low income community residents. The project is a critical component of an ambitious County-wide initiative to significantly increase post-secondary education of underserved residents and help prepare them for high-growth, high-demand jobs that will position the region for future economic growth.
New Markets Tax Credit equity was used to fill a financing gap and allow the project to move to completion. National Development Council and their subsidiary, NDC HEDC New Markets, Inc. used their own allocation to contribute $9 million in Qualified Equity Investment to the $15.5 million project. This was combined with other financing and a NMTC allocation from Wells Fargo Bank, resulting in the creation of 50 construction jobs and 38 permanent jobs.
Spartanburg Community College (SCC) is a public, two year, multi-site college serving Cherokee, Spartanburg and Union Counties in northwestern South Carolina. Founded in 1963, the state institution offers more than 100 associate degree programs that lead to career path employment and/or university transfer. SCC is one of 16 community/technical colleges in South Carolina and a member institution of the South Carolina Technical College System.
The College’s mission is to provide affordable access to high-quality technical, transfer and lifelong professional and personal development programs in a teaching and learning environment that prepares students for success. The College currently operates four campuses throughout its service region and serves approximately 18,000 students a year.