CDE: Enhanced Capital

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

Saint Augustine High School

New Orleans,
LA
(2021)

FQHCs, Schools

CDE(s): Enhanced Capital

Enhanced Capital is thrilled to partner with St. Augustine High School (St. Augustine) to provide financing through the Louisiana and federal New Markets Tax Credit (NMTC) program. Located in New

Copley Hospital campus

Aurora,
IL
(2021)

Mixed-use

CDE(s): Enhanced Capital

Enhanced Capital proudly partnered with Fox Valley Developers, LLC to help finance the $118 million redevelopment of the Copley Hospital campus in Aurora, IL. The property, abandoned in 1995, is

St. Vincent de Paul Society of Lane County

Eugene,
OR
(2023)

Vocational Training

CDE(s): Enhanced Capital

This project will finance the implementation of the faith-based SVDP Workforce Development Program which focuses on job training and employment in Lane County. SVDP will provide these services to job

IMod Structures

Vallejo,
CA
(2019)

Manufacturing

CDE(s): Enhanced Capital

A Vallejo startup manufacturer of modular classrooms designed to be sturdy enough to relocate multiple times and stack a few stories high on April 9 announced it landed $11 million

New Orleans Center for Creative Arts

New Orleans,
LA
(2017)

Business Development, College or Vocational Training, Community, Culinary Entrepreneurship, Incubator, Vocational Training

CDE(s): Enhanced Capital, United Fund Advisors

New Orleans Center for Creative Arts is a regional, pre-professional arts training center that offers students intensive instruction in culinary arts, dance, media arts.

TaskEasy Inc

Salt Lake City,
UT
(2016)

Science and Tech

CDE(s): Enhanced Capital

TaskEasy has announced the availability of two new credit facilities to support its continued growth. Enhanced Community Development, a subsidiary of Enhanced Capital, provided $1.65 million in debt financing through

Mar Jac Poultry Announces Major Expansion

Business Development, Food Manufacturing, Manufacturing

CDE(s): Enhanced Capital

University of Utah Research Park

Salt Lake City,
UT
(2018)

College or Vocational Training, Higher Education

CDE(s): Enhanced Capital

The University of Utah Research Park is located on the campus of the University of Utah. Established in 1968, Research Park was intended to stimulate economic development within the State

North Austin Community Center

Chicago,
IL
(2021)

Brownfield Remediation, Community, Community Center, Recreation

CDE(s): Chicago Community Loan Fund, Enhanced Capital, USBCDE

A 140,000 sq. ft. community center on a long-vacant 6.7-acre brownfield site in North Austin that was most recently owned by the City of Chicago.

Millwald Theatre Inc.

Wytheville,
VA
(2021)

Arts, Community, Historic Rehabilitation, Theaters and Performing Arts Spaces

CDE(s): Enhanced Capital

After years of planning, Millwald Theatre Inc. was given the go-ahead to begin construction thanks to NMTC financing.

University of the Incarnate Word

San Antonio,
TX
(2016)

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

CDE(s): Enhanced Capital

NMTC financing for the new School of Osteopathic Medicine for University of the Incarnate Word.

Cristo Rey St. Martin College Prep Phase 2

Waukegan,
IL
(2020)

Arts, Community, Makerspace, Private School, Recreation, Religious Organizations, Retail, Retail and Commercial, Schools, Theaters and Performing Arts Spaces

CDE(s): Enhanced Capital

Development of 47,000 sq. ft. of unused retail space into a Fine Arts Makerspace, a Performance Stage, a Gym/Fitness Center and additional classrooms for a high school.

Mustard Seed Hill

Millersburg,
KY
(2020)

Community, Incubator

CDE(s): Community Ventures, Enhanced Capital

Continued restoration and renovation of the Mustard Seed Hill campus, creating a home for a business incubator, commercial kitchen, corporate meeting spaces, an event hall and lodging.

McMinnville Hampton Inn

McMinnville,
TN
(2020)

Business Development, Hotels and Tourism, Retail, Rural

CDE(s): Enhanced Capital, River Gorge Capital

Devlopment of a 74-room Hampton Inn hotel and a 20,000 sq. ft. retail center in the town of McMinnville, TN.

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

Cascata Packaging

West Valley City,
UT
(2015)

Business Development, Environment, Food Manufacturing, Manufacturing, Plastics and Chemicals

CDE(s): Enhanced Capital

Located in West Valley City, Utah, a new 75,000-sq. ft. packaging facility is creating manufacturing jobs and contributing to environmental sustainability.

Capital Area Food Bank

Washington,
DC
(2010)

Community, Food Bank or Pantry, HFFI, Homeless Services, Manufacturing, Shelters and Community Food, Warehouse and Wholesale

CDE(s): City First, Enhanced Capital

Financing for a food Distribution Center for a nonprofit hunger relief organization.

Vicksburg High School

Vicksburg,
MS
(2018)

Community, Daycare and Early Childhood, Rural, Schools, Youth and Families, Youth Program

CDE(s): Enhanced Capital, Southern Community Capital

Renovation work is underway at Vicksburg High School.

Waterford Early Learning

Taylorsville,
UT
(2019)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Enhanced Capital

An investment from Enhanced Capital's Utah-focused Small Business Loan Fund recently enabled a nonprofit research center to relocate and continue providing education technology and jobs to a low-income community.

WCNY Broadcasting and Education Center

Syracuse,
NY
(2011)

Arts, Community, Daycare and Early Childhood, Youth and Families

CDE(s): Enhanced Capital, Grow America

The renovation of 28,000 sq. ft. of existing space and the construction of 27,000 sq. ft. of new space, designed to meet LEED Gold standards.

Artspace Commons

Salt Lake City,
UT
(2015)

Arts, Energy, Environment, Historic Rehabilitation, Mixed-use, Retail, Solar

CDE(s): Enhanced Capital

The historic rehabilitation of the Western Macaroni Manufacturing Company warehouse originally built in 1900.

Northern Nevada Hopes

Reno,
NV
(2015)

Community, FQHCs, Healthcare

CDE(s): AI Wainwright, Clearinghouse CDFI, Enhanced Capital

In early 2016, HOPES completed the new three-story facility called the Stacie Mathewson Community Wellness Center.

Rhoads Industries

Philadelphia,
PA
(2017)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Chase, City First, Enhanced Capital, PIDC Community Capital

Renovation of a one-story, plus mezzanine manufacturing facility.

Mid River Terminal

Osceola,
AR
(2015)

Business Development, Manufacturing, Rural, Transportation and Ports, Warehouse and Wholesale

CDE(s): Chase, Enhanced Capital, Rural Development Partners

NMTCS are helping to revive a rural community in Northeastern Arkansas, providing the necessary capital for a highly distressed river town to turn the corner.

Fry Foods

Ontario,
OR
(2015)

Business Development, Food Manufacturing, Manufacturing, Retail, Rural

CDE(s): Capital One, Ecotrust, Enhanced Capital, National Community Investment Fund

NMTC financing for food manufacturer, Fry Foods, for the acquisition, rehabilitation and operation of a shuttered onion-processing facility in Ontario, Oregon.

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.

Ochsner Baptist Medical Center

New Orleans,
LA
(2007)

Adult Daycare, Community, Disaster Recovery, Healthcare, Hospitals and Emergency Services, Katrina, Nursing Homes and Hospice

CDE(s): Capital One, Enhanced Capital, National New Markets Fund

NMTC financing was structured as operational capacity to expand and re-open more than one million sq. ft. of medical services space including: 100-bed surgical hospital, a senior living facility for

New Orleans Culinary and Hospitality Institute (NOCHI)

New Orleans,
LA
(2017)

Adult Education, College or Vocational Training, Community, Culinary Entrepreneurship, Vocational Training

CDE(s): Enhanced Capital, United Fund Advisors

The transformation of a failed arts center in New Orleans’ Warehouse District into a world-class culinary institute.

National World War II Museum

New Orleans,
LA
(2007)

Arts, Community, Museums, Restaurants and Catering, Retail and Commercial, Theaters and Performing Arts Spaces

CDE(s): Capital One, Enhanced Capital, First NBC Community Development Fund, National New Markets Fund, Stonehenge Community Development, Whitney New Markets Fund

NMTC financing supported the construction of the National World War II Museum

Mar-Jac Poultry

Jasper,
AL
(2016)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Enhanced Capital

Development of feed mill facility creating jobs with benefits including healthcare, retirement, and advancement training.

Crosby Group Lebus Manufacturing

Gregg,
TX
(2017)

Business Development, Manufacturing

CDE(s): Enhanced Capital, River Gorge Capital, Texas Mezzanine Fund, TruFund, Wells Fargo

Forgings Manufacturing facility.