New Markets Tax Credit Coalition

mSeed Group, LLC

Investment

  • NMTC Amount: $1,000,000
  • Total Project Cost: $1,000,000

IMPACT

  • 6 FTE jobs
  • Jobs must exceed 1.2X the living wage in the region and offer quality benefits, which include, but not limited to medical insurance, paid time off, and wealth creation options.

Investor

Project Description

mSeed Group is an African American and woman-owned contract manufacturer of for small to mid-sized beauty and cosmetic brands. This project provided the Company with funds to refinance existing debt, purchase new equipment, and provide working capital. These funds will help the Company to grow and be able to service additional clients.

MAP

Address: 533 West Taft Drive, South Holland, IL 60473

Census Tract: 17031827500

Other Illinois Projects

Finances equipment and related operational improvements to modernize a 500,000 sq. ft. existing Walgreens.com distribution center. About 90% of the existing and new jobs are accessible to individuals without post-high

NMTCs bring food manufacturers to Chicago
Financing for a youth academic enrichment organization.
In March 2018, CDF provided $6M in NMTC allocation to Gads Hill Center.