Claflin Student Activity and Community Center
The construction of an 82,000 sq. ft. center featuring classrooms, student life/ learning space at an HBCU.
Claflin University by Panther Health
A 31,000 sq. ft. expansion of Claflin University’s Jonas T. Kennedy Health and Physical Education Center to a full-service Health and Wellness Center Complex with both a new indoor and outdoor enrichment multi-purpose area.
Pinckney Center – Waverly Hospital at Allen University
NMTC financing supported the adaptive reuse of a 50 year abandoned African American hospital which will be converted by Allen University, an HBCU, into a multi-use facility.
Victor Rivera, Civic Builders
The program has proven to improve education, facilities and housing.
Premium Peanut Santee
Construction of a new 125,000 ton peanut shelling facility in a non-metropolitan, severely distressed census tract in Santee, SC.
Rep. Clyburn (D-SC) on Hand as Orangeburg breaks ground on Railroad Corner redevelopment project
I was honored to participate in today’s groundbreaking of the Railroad Corner Redevelopment project in Orangeburg.
Rep. Clyburn (D-SC) on Hand as Orangeburg breaks ground on Railroad Corner redevelopment project
“I was honored to participate in today’s groundbreaking of the Railroad Corner Redevelopment project in Orangeburg.”
Husqvarna Consumer Outdoor Products
The new construction of a 513,000 sq. ft. distribution center for Husqvarna Consumer Outdoor Products
Cynthia Rourk, CLIMB Fund, Charleston, SC
New Market Tax Credits are an important tool for incentivizing high-quality community economic development in underserved areas.
Deborah McKetty, SC Community Loan Fund, Charleston, SC
SC Community Loan Fund has used $35M NMTC to help low income communities grow throughout the state. NMTC have become a critical tool in community economic development and we see a growing need and support making it a permanent part of the IRS code.
Allied Air Enterprises
Construction of a distribution facility for Allied Air, an HVAC equipment manufacturer in Orangeburg, SC.
The International African American Museum
Jim Clyburn (D-SC06)
Sarla Performance Fibers
Sarla Performance Fibers, based out of Mumbai, India, began the expansion of a new polyester yarn and thread manufacturing facility in rural South Carolina in early 2013.
Katie Frattaroli, AMCREF Community Capital, Charleston, South Carolina
Increased opportunities for the communities, businesses and individuals left behind and deliberately excluded from economic growth and prosperity.
Victoria Baker, South Carolina Community Loan Fund, Charleston, South Carolina
The Northside Initiative is a cross-sector collaboration working to completely revitalize Spartanburgs Northside neighborhood. South Carolina Community Loan Fund first supported the Initiative in 2013 with a $350,000 loan to the Northside Development Group to construct the Hub City Farmers Market. Since that initial project, subsequent investments in the community have topped $70M. However, the […]
Duncan Cheney, Metanoia, North Charleston, South Carolina
The NMTC program has allowed our organization to secure financing for the adaptive reuse of a vacant, historic elementary school into a 60,000 SF community facility in an under-served community of North Charleston, SC. This new facility will have an early childhood learning center, artist work studios, a 300 seat theatre and it will be […]
Maximum Entertainment (2018 and 2020)
The project included the ground up construction of the facility, including the necessary equipment and working capital to get a recreation business started.
Pinelands
NMTCs were leveraged to build two identical 21 MW biomass generation facilities which will convert wood pulp and debris into electricity for use throughout South Carolina.
Continental Tire
NMTC equity allowed Continental Tire to expand their North American operations in the United States, rather than in another part of North America or South America.
Limehouse Produce
Purchase of the former site of the Charleston Naval Exchange Building on Carner Avenue for the development of a multi-faceted agribusiness program.
Restaurant Depot
Development of a new 62,333 sq. ft. Restaurant Depot.
Steve Saltzman, CEO, Charleston LDC, South Carolina
Strongest anti-displacement tool available, allowing people in neighborhoods suffering from disinvestment to acquire assets on their balance sheets and build infrastructure in their communities that would otherwise be impossible but for NMTC.