CDE: Evernorth Rural Ventures

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

Weidmann Electrical Technology, Inc (2024)

St. Johnsbury,
VT
(2024)

Business Development, Manufacturing

CDE(s): Evernorth Rural Ventures, Mascoma Community Development, MHIC, Mid-City Community CDE, USBCDE

The construction of a 24,338 sq. ft. manufacturing facility and the acquisition of new machinery for WETI, a global leader in electrical insulation for transformer manufacturers and transformer users.

Seaport Community Health Center

FQHCs

CDE(s): Evernorth Rural Ventures

New Markets Tax Credit Investment to Expand Penobscot Community Health Care’s Seaport Community Health Center

Hundred Nights Emergency Shelter

Nonprofit Hub, Shelters and Community Food, Solar

CDE(s): Evernorth Rural Ventures

A nonprofit shelter operator, opened a new, 48-bed emergency shelter and resource center

Yellow Barn Business Accelerator

Incubator

CDE(s): Evernorth Rural Ventures, MHIC

NMTC financing turns the Yellow Barn into both an economic engine and a community anchor

Seaport Community Health Center

Belfast,
ME
(2023)

FQHCs

CDE(s): Evernorth Rural Ventures

New Markets Tax Credit Investment to Expand Penobscot Community Health Care’s Seaport Community Health Center

Yellow Barn, Hardwick, VT

Hardwick,
VT
(2023)

Incubator

CDE(s): Evernorth Rural Ventures, MHIC

The core mission of the project is to strengthen the regional farm- and food-based economy by supporting the growth of agricultural businesses, promoting development of new products, and increasing export

Food Bank of Western Massachusetts

Chicopee,
MA
(2022)

Food Bank or Pantry, Shelters and Community Food

CDE(s): Evernorth Rural Ventures, Mascoma Community Development

The project consists of the acquisition of land and construction of a new 63,000 sq. ft. headquarters building with warehouse, office, training, and support spaces. The project design includes 33,000

Hundred Nights Emergency Shelter & Resource Center

Keene,
NH
(2022)

Shelters and Community Food, Youth and Families

CDE(s): Evernorth Rural Ventures

Construction of a new 15,180 sq. ft. emergency housing shelter and resource center. The project created quality and accessible job jobs and enhanced local services to low-income people and the

Coastal Container

Holland,
MI
(2023)

Business Development, Manufacturing

CDE(s): Chase, Evernorth Rural Ventures, Grow America, Mascoma Community Development

NMTC Funding helps Coastal Container expand.

Enosburg Health Center

Enosburg Falls,
VT
(2013)

Community, FQHCs

CDE(s): Evernorth Rural Ventures

New construction of a community health center

Weidmann Technology

Saint Johnsbury,
VT
(2010)

Business Development, Manufacturing, Rural

CDE(s): Evernorth Rural Ventures, Grow America, MHIC

Electrical Insulation Manufacturer: A project involved the construction of a 24,338 sq. ft. manufacturing facility and the acquisition of new machinery for WETI, a global leader in electrical insulation for

RTG Medical

Fremont,
NE
(2020)

Community, Healthcare, Rural

CDE(s): Chase, Evernorth Rural Ventures, Finance Fund, Midwest Industrial Redevelopment Fund

The ground up development of a 54,000 sq. ft. Class A office building in Fremont, NE that will serve as the new headquarters for RTG Medical, a veteran-owned staffing agency

Way Finders Housing Center & Headquarters

Springfield,
MA
(2018)

Adult Education, Affordable Housing, College or Vocational Training, Community, Food Bank or Pantry, Homeless Services, Mixed-use, Nonprofit Hub, Shelters and Community Food, Vocational Training

CDE(s): Capital One, Evernorth Rural Ventures, MHIC

NMTC supports growth of Springfield leader in affordable housing, homelessness prevention, job training & financial education.

River Valley Co-op

Northampton,
MA
(2020)

Co-ops, Community, Food Bank or Pantry, Grocery and Fresh Food, HFFI, Retail, Retail and Commercial, Shelters and Community Food

CDE(s): Capital One, Evernorth Rural Ventures, MHIC, National Community Investment Fund

NMTC financing totalling $7.24 million supported the ground up construction of a 23,000 sq. ft. cooperative grocery store known as River Valley Co-op in Easthampton, MA, a USDA designated Food

Black River Produce

North Springfield,
VT
(2014)

Business Development, Food Manufacturing, Manufacturing, Restaurants and Catering, Retail and Commercial, Rural

CDE(s): Evernorth Rural Ventures

Vermont Rural Ventures provided a key piece of financing for Black River Produce's expansion into the distribution of locally raised meats.

Lancaster Patient Care Center at Weeks Medical Center

Lancaster,
NH
(2018)

Community, Healthcare, Hospitals and Emergency Services, Rural

CDE(s): Evernorth Rural Ventures

New construction 45,000 sq. ft. addition to a medical facility to increase services of the rural health clinic and critical access hospital in a medically underserved area.

Mondanock Food Co-op

Keene,
NH
(2019)

Business Development, Co-ops, Grocery and Fresh Food, HFFI, Hotels and Tourism, Retail, Retail and Commercial, Rural, Theaters and Performing Arts Spaces

CDE(s): Evernorth Rural Ventures

NMTC financing brings new jobs and affordable food to rural New Hampshire food desert

Benson Woodworking

Keene,
NH
(2017)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Evernorth Rural Ventures, MHIC

A 104,000 sq. ft. expansion project retaining and creating living wage jobs.

Laraway Youth & Family Services

Johnson,
VT
(2011)

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

CDE(s): Evernorth Rural Ventures

Financing to Laraway Youth and Family Services for its new, 39-acre campus in Johnson.

Franklin County Biomass

Carnesville,
GA
(2015)

Biofuels, Community, Energy, Environment, Manufacturing, Rural

CDE(s): CEI Capital Management, Evernorth Rural Ventures, The Valued Advisor Fund, USBCDE

An Alabama company built two wood biomass plants in Northeast Georgia.

Old North End Community Center

Burlington,
VT
(2019)

Community, Community Center, Daycare and Early Childhood, Mixed-use, Nonprofit Hub, Recreation, Youth and Families

CDE(s): Evernorth Rural Ventures

This project involved the renovation of the old St. Joseph's school for the community center.

King Street Center

Burlington,
VT
(2014)

Community, Daycare and Early Childhood, Head Start, Youth and Families

CDE(s): Evernorth Rural Ventures

New Markets Tax Credit financing to double the size of the King Street Center and create efficient, bright, modern office, classroom, and play space.

Greater Burlington YMCA

Burlington,
VT
(2018)

Community, Community Center, Daycare and Early Childhood, Healthcare, Recreation, YMCAs and YWCAs, Youth and Families

CDE(s): Evernorth Rural Ventures, MHIC, USBCDE

New Y offers Burlington residents first-class fitness, wellness, aquatic, and child care experiences.

GS Precision

Brattleboro,
VT
(2015)

Business Development, Manufacturing, Rural

CDE(s): Evernorth Rural Ventures, MHIC

Brattleboro Development Credit Corporation, the project sponsor, will acquire G.S.

Commonwealth Dairy

Brattleboro,
VT
(2010)

Business Development, Manufacturing, Rural

CDE(s): CEI Capital Management, Evernorth Rural Ventures, MHIC

The Brattleboro Commonwealth Dairy plant facility expansion project.

Brooks House

Brattleboro,
VT
(2011)

Affordable Housing, Historic Rehabilitation, Historic Tax Credit, Housing, Mixed-use, Restaurants and Catering, Retail, Retail and Commercial, Rural

CDE(s): Evernorth Rural Ventures, MHIC

Financing to redevelop and restore the historic circa 1871 Brooks House, a mixed-use commercial building located in the heart of Brattleboro’s downtown.

Putnam Block

Bennington,
VT
(2019)

Adult Education, Affordable Housing, College or Vocational Training, Community, Environment, FQHCs, Healthcare, HFFI, Historic Rehabilitation, Housing, Mixed-use, Restaurants and Catering, Retail, Retail and Commercial, Rural, Vocational Training

CDE(s): Evernorth Rural Ventures, Mascoma Community Development, Mid-City Community CDE

The renovation of 3 historic buildings in downtown Bennington, VT.

Chroma Technologies

Bellow Falls,
VT
(2017)

Business Development, Manufacturing, Rural

CDE(s): Evernorth Rural Ventures, MHIC

NMTC financing ensures long-term financial viability of New England manufacturing firm

CHT Closes Financing Old North End Community Center

Community, Historic Rehabilitation, Youth and Families

CDE(s): Evernorth Rural Ventures

This project involved the renovation of the old St. Joseph's school for the community center.