Carver State Bank Archives

2023

Spartenburg, SC | 4th District

Highland Baking Company (2023)

Chase Local Initiatives Support Corporation National New Markets Fund Urban Action Community Development

NMTC financing helped expand the Highland Baking Company plant in Spartanburg, South Carolina….

2010

Saint Paul, MN | 4th District

Baldinger Bakery

Capital City Properties CRFUSA

New bakery keeps Baldinger in St. Paul, adds 40 jobs long-term…

Winston-Salem, NC | 5th District

Intergenerational Center for Arts and Wellness

CAHEC CCG Community Partners Truist

NMTC financing for a multitenant social service center providing improved access to quality elder care, healthcare, early childhood education,…

Guadalupe, CA | 24th District

Escalante Meadows

Enterprise Community Partners Local Initiatives Support Corporation PNC

The Housing Authority of the County of Santa Barbara (HACSB) is the largest property management organization for affordable housing…

2022

Toledo, OH | 9th District

Toledo Innovation Center

Building America CDE Finance Fund Local Initiatives Support Corporation PNC Rose Urban Green Fund

Historic rehab of former US Post Office into 106,000 SF technology training center and office and entrepreneur space in…

2022

Marietta, GA | 11th District

A.G. Rhodes Cobb County

Enterprise Community Partners Local Initiatives Support Corporation Rose Urban Green Fund The Reinvestment Fund

The project will allow the region’s oldest mission-driven nonprofit skilled nursing operator to provide high quality skilled nursing, memory…

2022

Jacksonville, FL | 5th District

College Park

Local Initiatives Support Corporation RBC Community Development

The $18 million rejuvenation of a shopping center creates over 100 jobs in Jacksonville, FL…

2013

Los Angeles, CA | 42nd District

Garfield Corporate Center

Truist

NMTC financing for a 620,000 sq. ft. office, warehouse, and distribution center created 40 new jobs and 150 construction…

2021

Riverside, CA | 39th District

BDB Enterprises

Local Initiatives Support Corporation

NMTC financing supported two operating companies….

2021

Atlanta, GA | 5th District

Mercy Care Decatur

Corporation for Supportive Housing Truist

$23 million in NMTC financing supported renovation and expansion of Mercy Care’s Decatur Street Clinic with best practices in…

2021

Waseca, MN | 1st District

Birds Eye Peas

CRFUSA Midwest Minnesota CDC Waveland Community Development

Financing for a rural manufacturing/production facility that processes and packages pea for national distribution. …

2021

Cincinnati, OH | 1st District

Bethany House Services

Cincinnati Development Fund Local Initiatives Support Corporation PNC

Bethany House Services used NMTC financing to construct a new 222-bed homeless shelter facility and comprehensive services center to…

CDE: Carver State Bank

Project Profiles

2023

Highland Baking Company (2023)

2010

Baldinger Bakery

Intergenerational Center for Arts and Wellness

Escalante Meadows

2022

Toledo Innovation Center

2022

A.G. Rhodes Cobb County

2022

College Park

2013

Garfield Corporate Center

2021

BDB Enterprises

2021

Mercy Care Decatur

2021

Birds Eye Peas

2021

Bethany House Services

Recent Allocation Awards (2018-2021):