CDE: Heartland Regional Investment Fund

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

R&R Marketplace

Dellwood,
MO
(2022)

Nonprofit Hub, Salvation Army

CDE(s): Heartland Regional Investment Fund, USBCDE

This investment will finance the renovation of a former grocery-anchored shopping center located in Dellwood, MO that has remained vacant for almost 18 years into a vital resource for the

Diode Dynamics

Saint Charles,
MO
(2022)

Manufacturing

CDE(s): Heartland Regional Investment Fund

Diode Dynamics, LLC, a St. Louis-based automotive lighting manufacturer and retailer, will expand its St. Charles, Missouri operations

U.S. Bank Invests $2 Million in Ferguson Empowerment Center

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Mixed-use, Nonprofit Hub, Salvation Army, Youth and Families

CDE(s): Heartland Regional Investment Fund

Tiger Fiber

Sauget,
IL
(2022)

Manufacturing

CDE(s): Heartland Regional Investment Fund

Tiger Fiber, Inc. to expand its operations in Sauget, Illinois after closing on $7 million in tax credit financing. Tiger Fiber, Inc., a St. Louis-based industrial hemp fiber processor, will

Walgreens Distribution Center

Edwardsville,
IL
(2021)

Warehouse and Wholesale

CDE(s): Heartland Regional Investment Fund

Finances equipment and related operational improvements to modernize a 500,000 sq. ft. existing Walgreens.com distribution center. About 90% of the existing and new jobs are accessible to individuals without post-high

Westover Farms

Steelville,
MO
(2013)

Business Development, Community, Food Manufacturing, Manufacturing, Recreation, Rural

CDE(s): Heartland Regional Investment Fund

NMTC financing supported Westover Farms, a recreational and lodging facility that also processes and sells fresh caught trout.

Nuso

University City,
MO
(2020)

Professional Services, Retail and Commercial

CDE(s): Advantage Capital, Heartland Regional Investment Fund

Working capital to help a communications provider expand.

Ferguson Empowerment Center

Saint Louis,
MO
(2016)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Mixed-use, Nonprofit Hub, Salvation Army, Youth and Families

CDE(s): Heartland Regional Investment Fund

Multi-nonprofit community empowerment center on the site of the vandalized QuikTrip during the Ferguson unrest now serves thousands of low-income people annually through job training/placement, financial literacy, and other empowerment

America’s Central Port Complex

Madison,
IL
(2015)

Business Development, Manufacturing

CDE(s): Heartland Regional Investment Fund

A million sq. ft. of new, rail-served manufacturing and warehousing space in the industrial development along the Mississippi River's Chain of Rocks shipping canal.

Wealth Accumulation Center in Benton Park

Jennings,
MO
(2015)

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

CDE(s): Heartland Regional Investment Fund

St. Louis Community Credit Union and Prosperity Connection Launch Wealth Accumulation Center in Benton Park.

Hazelwood Logistics Center

Hazelwood,
MO
(2015)

Business Development, Manufacturing

CDE(s): Central Bank of Kansas City, Heartland Regional Investment Fund

The Hazelwood Logistics Center anchors a major industrial park in northern St. Louis. Strategically located among four major US interstates, the 164-acre park accommodates a wide range of activities, from