Deering and Kivalina Telecom Upgrade #2


Travois closed a $9 million New Markets Tax Credit (NMTC) investment as a consultant on behalf of GCI, a telecom company serving western Alaska. With financing from McKinley Alaska Growth Capital, the investment will expand high-speed internet and telecommunications service in the villages of Kivalina and Deering.

The financing adds to an $8.8 million NMTC investment for telecom upgrades in the villages in 2022. It will be especially helpful in Kivalina as the village undertakes a massive relocation effort to escape coastal erosion and rising sea levels.

  • Native Organization: GCI Communication Corp
  • Date Closed with Investor: 2023
  • Date Completed:
  • Development Type: Infrastructure
  • Project Status: Under Construction
  • Total Investor Equity: $2,200,000
  • Total Project Cost: $9,000,000