CDE: Hampton Roads 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

Construction of a new 125,000 ton peanut shelling facility in a non-metropolitan, severely distressed census tract in Santee, SC.
NMTC loans were used to finance the acquisition and rehabilitation of a retail shopping center anchored by a Rouse’s Grocery Store in Picayune, MS.
Food Bank Expansion is Fighting Hunger and Feeding Hope
NMTC loans were used to finance the acquisition and rehabilitation of a retail shopping center anchored by a Rouse’s Grocery Store in Picayune, MS.
New grocery store in the Bronx brings healthy-food access and jobs to residents
Construction of a new 125,000 ton peanut shelling facility in a non-metropolitan, severely distressed census tract in Santee, SC.
Financing Allows Company to Make All-Natural Textiles from Mushroom Mycelium and Create New Quality Jobs in Rural South Carolina
NMTC financing supported major improvements to The Jefferson Community Health Center
Food Bank Expansion is Fighting Hunger and Feeding Hope

MycoWorks is a cleantech company developing, manufacturing and selling alternative, sustainable and high-end biomaterials, using an array of proprietary, patented technologies stemming from mycology, agricultural, and engineering R&D and expertise.

This project will finance the equipment acquisition required to construct an ultra-low temperature fish freezing, cold storage salmon processing facility that will operate on water. The facility will spend peak

Sheet Metal Local 88 Joint Apprenticeship and Training Fund (“SM88JATC”) is a trust agreement between Sheet Metal Workers’ International Association, Local Union 88, and the Southern Nevada Air Conditioning and

Construction of a 66,000 sq. ft. medical office complex to include Oncology, ENT, Rheumatology, Orthopedics and expansion space in rural Lillington, NC. Harnett Health, in conjunction with its affiliate Cape

Mario’s is a community grocer located in Las Vegas’ Historic Westside. For more than 20 years, Mario’s has operated out of its roughly 10K sq. ft. building at 1960 N.

Acquisition and construction of a new retail shopping center with a 40,000 sq. ft. grocery store as its anchor. The project is located in a severely distressed area of rural

The Grand Concourse project (minority-owned real estate development firm) will bring a Fine Fare grocery store in the Bronx, NY. The ERF allocation will help fund the purchase and rehabilitation

NMTC financing supported an 1,800 seat performing arts center and art gallery including educational programs.
The expansion and modernization of an agricultural technology company that transforms distillers grains (agricultural waste products) into livestock feed and sustainable building products.

Financing for the owner of a Fine Fare Supermarkets in Brooklyn to purchase the building she had leased for 13 years. The purchase will stabilize occupancy costs, secure a long-term

CommCare is constructing a 72,000 sq. ft. skilled nursing and rehabilitation facility in Natchitoches, LA that will serve 120 patients per year, 80% of which will be low-income.

Tulsa Economic Development Corporation (TEDC) has constructed a new 17,000 sq. ft. grocery store in Tulsa, Oklahoma. The project is part of the ongoing redevelopment of Tulsa’s African American Community,

Jennifer Donohue, currently Chief Executive Officer of HRV, worked as the Operations and Compliance Director of HRV for four years before she became the COO in 2015. She manages the

The financing the construction and equipping of a center, located in Dallas, Texas, for non-residential clinical counseling, advocacy and legal services for women and children who are victims of domestic
The renovation of the Historic Crispus Attucks Theatre included an investment of $7,500,000 and would not have been possible without the use of NMTCS.
NMTC financing supported the Ampro project.
RDP allocated $10M in NMTCs to help Alstom expand their specialized manufacturing equipment line to rural America, and continue investing in Hornell (NY) as a key long-term U.S.
The construction of a peanut processing plant that allows Delta Peanut, a cooperative of 73 family-owned peanut farms, to process and directly sell its peanuts, rather than outsourcing this activity
In July 2011, Hampton Roads Ventures invested $9,730,000 in the Roanoke City Market Building, a Certified Historic Structure and former center of commerce and social interaction for downtown Roanoke.
Adaptive and reuse redevelopment of an 83-year-old historic theater that housed the offices of celebrated African American filmmaker Oscar Micheaux in the 1920s.
In December 2015, HRV invested $5,880,000 in Terry Reilly Health Services, a FQHC in Nampa, Idaho.
The Winston County Medical Foundation has successfully completed the new Winston Medical Center which is a 24 bed full-service hospital, 120 bed long-term senior care and rehab facility and medical
Financing for a manufacturer of carded and combed open-end and core spun greige yarns for knitting and weaving applications.
The acquisition and construction of a mixed-use facility directly across the street from a newly-built Jackson State University Student Union.
Financing for the addition of a state-of-the-art, 24,000 square foot building to the existing facility as well as installing a new Annealing Furnace, Water Cooling System and Melting Furnace, which
Jazz at Walter Circle is a four-story mixed-use facility that includes 74 apartments for senior citizens.