CDE: Central States Development Partners

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:

Project Profiles and Stories

Ecore International, Inc.

Manufacturing

CDE(s): Central States Development Partners, United Bank of Alabama

Advanced manufacturing and recycling facility stimulates jobs and economic activity in impoverished community

Orange EV

Manufacturing

CDE(s): Central Bank of Kansas City, Central States Development Partners, Wells Fargo

Orange EV expands manufacturing capabilities in a Severely Distressed Kansas City area.

Flex N’ Gate Effingham

Effingham,
IL
(2021)

Auto Manufacturing, Manufacturing

CDE(s): Central States Development Partners, Cinnaire New Markets, FirstPathway Community Development, Legacy Economic Growth Fund, SCORE

Upgrades made to a manufacturing facility could expand its imprint from 500 employees to up 1,200 employees.

OrthoIndy Y

Indianapolis,
IN
(2018)

Community, Healthcare, Recreation, YMCAs and YWCAs

CDE(s): Central States Development Partners, Indianapolis Redevelopment CDE

The OrthoIndy Y is the first YMCA in the country to include a dedicated Veterans Affairs medical facility onsite.

The Welcome House of Northern Kentucky

Covington,
KY
(2022)

Healthcare, Shelters and Community Food

CDE(s): Central States Development Partners, Urban Action Community Development

The Welcome House, Inc., which serves eight counties in Northern Kentucky, has a 40-year track record of meeting the needs of the homeless and those living in poverty who are

OnCall Imaging

Rock Falls,
IL
(2023)

Healthcare

CDE(s): Central States Development Partners

This project will finance the build out and equipment purchases for an existing medical imaging center in Rock Falls, IL. The facility will offer non-invasive imaging services and testing. Additionally,

Orange EV

Kansas City,
KS
(2023)

Manufacturing

CDE(s): Central Bank of Kansas City, Central States Development Partners, Wells Fargo

Orange EV expands manufacturing capabilities in a Severely Distressed Kansas City area.

Ampla Health Yuba

Yuba City,
CA
(2023)

FQHCs

CDE(s): California Statewide Communities Development Corporation, Central States Development Partners, Clearinghouse CDFI

Transforming Healthcare Access: How New Markets Tax Credits Powered Ampla Health’s Expansion The New Markets Tax Credit (NMTC) program played a pivotal role bringing essential services to Yuba City, CA

United Alloy

Seguin,
TX
(2023)

Manufacturing

CDE(s): Central States Development Partners, Petros Community Impact Fund, Truist, Urban Action Community Development

United Alloy is a woman-owned enterprise that produces the highest quality leak-proof metal fuel tanks, reservoirs, skids, frames, chassis, trailers, heavy metal fabrications, and complex weldments; and its primary customer

Ecore

Ozark,
AL
(2023)

Manufacturing

CDE(s): Central States Development Partners, United Bank of Alabama

The UB Community Development LLC (UBCD) community development subsidiary of Altmore, Alabama-based United Bancorporation of Alabama (United Bank) will provide a $10 million Federal NMTC allocation to Ecore International Inc.

HALO Branded Solutions – Phase II

Sterling,
IL
(2019)

Business Development, Manufacturing

CDE(s): Central States Development Partners, FirstPathway Community Development, SCORE

Construction of a new 276,315-square-foot warehouse building in Sterling, IL.

Ottawa YMCA Receives Nearly $2 Million State Grant for New Facility

Recreation

CDE(s): Central States Development Partners

Green Current Technologies

East Moline,
IL
(2021)

Greentech Manufacturing, Manufacturing, Plastics and Chemicals

CDE(s): Central States Development Partners

Finances the renovation of two buildings -a 32,000 sq. ft. warehouse and a 71,000 sq. ft. manufacturing facility and office -plus the purchase and installation of equipment for Green Current

Chem Processing Inc.

Rockford,
IL
(2017)

Food Manufacturing, Manufacturing

CDE(s): Central States Development Partners

Expansion of existing commercial building for a chem manufacturer Central States provided $2.2 million in New Market Tax Credit financing to support a 35,000 sq. ft. new manufacturing and warehouse

Ottawa YMCA Healthy Living Campus

Ottawa,
IL
(2021)

Community Kitchen, Recreation

CDE(s): Central States Development Partners

Finances the construction of a new 65,000 sq. ft. YMCA on a three-acre parcel. The new facility includes a Healthy-Living Campus featuring a competition pool, space for group classes and

Elko Healthcare

Elko,
NV
(2020)

Community, FQHCs, Healthcare, Office, Retail, Retail and Commercial

CDE(s): AMCREF, Central States Development Partners, Clearinghouse CDFI, Petros Community Impact Fund, Prestamos CDFI

NMTC financing was used to support the development of a new multi-disciplinary surgery and health center in rural Nevada.

Bend XPO

East Moline,
IL
(2020)

Arts, Community, Community Center, Mixed-use, Nonprofit Hub, Retail, Theaters and Performing Arts Spaces

CDE(s): Central States Development Partners, Consortium America, Enhanced Capital

Construction of a 100,000 sq. ft. events and community center which provides space for local nonprofits, tractor and machinery auctions, and adaptable space to host regional sporting and local corporate

Yakima Valley Farm Workers Clinic

Kennewick,
WA
(2020)

Community, Dental Services, FQHCs, Healthcare

CDE(s): Accion Opportunity Fund, Central States Development Partners, USBCDE

Yakima Valley Farm Workers Clinic is a non-profit, FQHC.

McLaughlin Body Company

Rock Island,
IL
(2018)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Central States Development Partners

Financing for a metal fabrication company with a emphasis on the manufacturing of cabs used in the agriculture and construction industries.

Tate, Etienne, Prevost Center

New Orleans,
LA
(2020)

Adult Education, Arts, Black History, College or Vocational Training, Community, Floods, Katrina, Mixed-use, Nonprofit Hub

CDE(s): Central States Development Partners, Enhanced Capital, USBCDE

Civil rights trailblazer secures timely financing and breathes new life into history-making school.

Overtown Youth Center

Miami,
FL
(2020)

Behavioral Health, Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Vocational Training, Youth and Families, Youth Program

CDE(s): Central States Development Partners, Florida Community Loan Fund

NMTC supports new facility providing youth and family services to Miami’s Overtown neighborhood.

Donnelly College

Kansas City,
KS
(2019)

Adult Education, College or Vocational Training, Community, Higher Education, Vocational Training

CDE(s): Central Bank of Kansas City, Central States Development Partners

Renovation an academic building as well as replacement an additional academic and administrative building.

ALDI Florida

Haines City,
FL
(2018)

Grocery and Fresh Food, HFFI, Manufacturing, Retail, Retail and Commercial, Warehouse and Wholesale

CDE(s): Central States Development Partners, United Bank of Alabama

A 200,000 square foot expansion of a distribution center, providing necessary space to handle the increase in volume of products held for distribution.

TruStile Doors

Denver,
CO
(2019)

Biofuels, Business Development, Manufacturing

CDE(s): Brownfield Revitalization, Central States Development Partners, Colorado Enterprise Fund, Dudley Ventures, Midwest Renewable Capital

A manufacturer expands its Denver operations, opening the door for over 1,000 new jobs.

The 550 Building, L.C.

Cedar Rapids,
IA
(2017)

Mixed-use

CDE(s): Central States Development Partners

NMTC financing to support a refinance structure of a real estate holding company in its renovation efforts of a mixed-use development in a highly distressed area of Cedar Rapids, IA.

RWDC Industries

Athens,
GA
(2020)

Business Development, Food Manufacturing, Manufacturing, Plastics and Chemicals, Waste Management

CDE(s): AMCREF, Central States Development Partners, Dudley Ventures

Startup manufacturers new biodegradable plastics and rejuvenates the local economy.