Clearinghouse CDFI provided $12 million of New Markets Tax Credit allocation to the Navajo Tribal Utility Authority (NTUA) for the construction of a new 66,000 square-foot wastewater treatment plant in Chinle, Arizona. This modern facility replaces outdated infrastructure, ensuring safe and reliable wastewater services for 3,500 residents of the Navajo Nation. By protecting public health and natural resources, the project also creates capacity for housing and business development critical to the region’s future.
Project Financing
This significant community investment was made possible through a $58.3 million collaborative financing partnership:
- Clearinghouse CDFI: $12 million of NMTC allocation
- National Impact Fund (North Sky Capital): $12 million of NMTC allocation
- Dudley Ventures / Valley National Bank — NMTC investor: $7.39 million
Building Stability and Opportunity
The wastewater treatment plant is part of NTUA’s Sanitary Sewer Overflow Response Plan, which reduces the risk of untreated wastewater discharges and improves system efficiency. In doing so, the project lowers long-term operational costs, safeguards drinking water sources, and strengthens environmental sustainability for the community.
Alongside these infrastructure benefits, the facility will create 25 permanent jobs and 29 construction jobs, with all positions offering training and benefits. Importantly, these roles are accessible to individuals with a high school diploma or GED, expanding employment opportunities in a region where educational barriers can limit access to stable work. NTUA will coordinate with regional workforce partners to ensure these jobs reach local residents, further supporting income growth and skill development.
The new facility will enable 30–50% community growth by expanding capacity for housing and lifting constraints on commercial and industrial activity. This investment ensures that the Navajo Nation has the critical infrastructure needed for both immediate improvements and long-term stability.
Learn more about how Clearinghouse CDFI uses New Markets Tax Credits to deliver transformative infrastructure projects nationwide.
#24AZ-7784 A & B
