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CDE: Black Business Investment Fund

Black Business Investment Fund website

To all NMTC Coalition Members: If you would like to add projects, a description of your CDE, or anything else to this page, contact Paul Anderson.

Recent Allocation Awards:

  • 2018 Allocation: $20,000,000
  • 2019 Allocation: $50,000,000
  • 2020 Allocation: $55,000,000
  • 2022 Allocation: $50,000,000

Project Profiles and Stories

Feeding Tampa Bay ()

Investment in food bank helps tackle hunger in West Central Florida
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Lift Orlando’s Heart of West Lakes Wellness Center (2021)

Orlando, FL

Finances tenant improvements, equipment purchases and closing costs associated with the expansion of a company’s Orlando location. The expanded facility will allow it to expand its research and development for

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The Skills Center (2022)

Tampa, FL

Acquisition and construction financing with enable the Skills Center, a Black-led nonprofit in Tampa focused on academic and leadership success for children of all ages by connecting them with sports

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Corners Outreach (2023)

Norcross, GA

Acquisition and renovation of a 98,000 sq. ft. office building that will be used to operate a youth enrichment, workforce development, and healthy food access programs.

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Feeding Tampa Bay Hunger Relief Center (2023)

Tampa, FL

Construction of a 215,000 sq. ft. Hunger Relief Center comprised of dry, cold and freezer storage, enlarged space for workforce volunteers, a culinary kitchen for food demonstrations and lessons on

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Junior Achievement of Tampa BizTown (2017)

Tampa, FL
An experiential, real-life simulation, JA Finance Park first provides a series of lessons in the classroom to middle school students where they learn about all aspects of personal finance including
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Veronica Anderson, Anderson & Associates, P.A (2018)

Sanford, FL
NMTC financing helped a small business owner purchase her own building and elevate her business to the next level.
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4Roots (2022)

Orlando, FL

4Roots is an alliance of community stakeholders investing in a healthy thriving, sustainable, food system.

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The Awning Factory (2021)

Orlando, FL
New Markets Tax Credit financing supported the expansion of TAF’s manufacturing operation and brought jobs to the local community.
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Agape Village Health Center (2021)

Miami, FL

Construction of the new Agape Village Health Center to double the size and reach of its existing limited co-location services to create a comprehensive and integrated community health and residential

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The German Club (2019)

Tampa, FL
The German Club is the rehabilitation of the shuttered, historically significant 16,000 sq. ft. German American Club building, and the construction of an adjacent 15,000 sq.
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Kroger Fulfillment Center (2020)

Forest Park, GA
Construction of a 375,000 sq. ft. e-commerce grocery fulfillment center in Forest Park, Georgia.
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Publix Super Markets (2019)

Miami, FL
Leasehold improvements and equipping two grocery stores operated under the Publix Supermarkets brand.
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Central Christian University (2019)

Orlando, FL
Financing for the acquisition and renovation of a facility for Central Christian University.
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Boys and Girls Club of Central Florida (2019)

Orlando, FL
Boys and Girls Clubs of Central Florida constructed a new facility in Orlando, FL and expanding another in Eatonville, FL to accommodate the growing demand for its services.
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Mitchell Early Learning (2019)

Jacksonville, FL
NMTC financing supported the acquisiion of a facility for Mitchell Early Learning.
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Medline Industries, Inc. (2018)

Auburndale, FL
Development of medical device and supply distribution center.
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Kroger to build $55 million fulfillment center in Forest Park, add 400 jobs to the area ()

Construction of a 375,000 sq. ft. e-commerce grocery fulfillment center in Forest Park, Georgia.
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