The Martin Luther King, Jr. National Memorial is one step closer to being built in the nation's capitol.
The Wal-Mart Foundation has extended a $12.5 million letter of credit to the project's foundation.
The loan now allows the Memorial Foundation to get the necessary construction permit from the National Park Service.
The memorial to be built on the National Mall in Washington, D.C. is expected to be completed in 2010.
The Wal-Mart Foundation has extended a $12.5 million letter of credit to the project's foundation.
The loan now allows the Memorial Foundation to get the necessary construction permit from the National Park Service.
The memorial to be built on the National Mall in Washington, D.C. is expected to be completed in 2010.