CDE: Local Initiatives Support Corporation

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

Highland Baking Company (2023)

Spartenburg,
SC
(2023)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Chase, Local Initiatives Support Corporation, National New Markets Fund, Urban Action Community Development

NMTC financing helped expand the Highland Baking Company plant in Spartanburg, South Carolina.

A.G. Rhodes Cobb County

Marietta,
GA
(2022)

Healthcare, Nursing Homes and Hospice

CDE(s): Enterprise Community Partners, Local Initiatives Support Corporation, Rose Urban Green Fund, The Reinvestment Fund

The project will allow the region's oldest mission-driven nonprofit skilled nursing operator to provide high quality skilled nursing, memory care, and outpatient. services.

College Park

Jacksonville,
FL
(2022)

Business Development, Community, Grocery and Fresh Food, Retail, Retail and Commercial

CDE(s): Local Initiatives Support Corporation, RBC Community Development

The $18 million rejuvenation of a shopping center creates over 100 jobs in Jacksonville, FL

BDB Enterprises

Riverside,
CA
(2021)

Professional Services, Retail

CDE(s): Local Initiatives Support Corporation

NMTC financing supported two operating companies.

The entrepreneur who built an empire from a gas station

Business Development, Manufacturing, Warehouse and Wholesale

CDE(s): Local Initiatives Support Corporation

Daltons Aura Fabricators Expands to Fergus

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

CDE(s): Local Initiatives Support Corporation

$15 Million Center to be Built in Central Falls will offer One Stop Health Care

Community, FQHCs, Healthcare

CDE(s): Local Initiatives Support Corporation, Morgan Stanley

Citylink Center Opens in Cincinnati to Combat Poverty

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

CDE(s): Local Initiatives Support Corporation, PNC

A Plus Gutter

Commerce,
CA
(2021)

Retail

CDE(s): Local Initiatives Support Corporation

The borrower was created in 2018 to purchase real estate at 4515 Dunham street for the OC (A Plus Gutter Systems) to operate out of. The Borrower will use the

100 Public Square

Cleveland,
OH
(2007)

Community, Healthcare

CDE(s): Cleveland Development Advisors, Consortium America, Local Initiatives Support Corporation

The project is a collaborative public/private effort to dramatically update the 10-acre Public Square into a catalytic, dynamic, world-class public space in the heart of downtown Cleveland.

Build, INC

Chicago,
IL
(2022)

Youth and Families

CDE(s): Chase, Chicago Development Fund, IFF, Local Initiatives Support Corporation

Construction of a headquarters for BUILD, a nonprofit that has worked for more than 50 years to help young people on the West Side of Chicago overcome systemic obstacles to

Grace Community Health Center

Corbin,
KY
(2021)

Behavioral Health, Community, FQHCs

CDE(s): Capital One, Community Health Center Capital Fund, Local Initiatives Support Corporation

The project will renovate an existing single floor 84,194 sq. ft. former K-Mart building.

Jackson County Austism

Marianna,
FL
(2021)

College or Vocational Training, Recreation, Vocational Training

CDE(s): Local Initiatives Support Corporation

New construction of an Autism Center, run by Endeavor Forward, the nonprofit, exclusive provider of Autism services of Jackson County.

Matt Josephs

CDE(s): Local Initiatives Support Corporation

Matt Josephs is the Senior Vice President for Policy for The Local Initiatives Support Corporation (LISC). LISC is a national non-profit organization that provides financial investments, policy support, and technical

Alstom Transportation

Hornell,
NY
(2021)

Business Development, Manufacturing, Rural

CDE(s): Bluehub, Chase, Community Development Venture Capital Alliance, Hampton Roads Ventures, Local Initiatives Support Corporation, Rural Development Partners

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.

Community Care Center

Brunswick,
GA
(2012)

Behavioral Health, Community, Dental Services, Healthcare

CDE(s): Chase, Local Initiatives Support Corporation

The Local Initiatives Support Corporation, in partnership with Chase, provided $14.25 million in NMTCs to Southeast Georgia Health System’s Community Care Center.

Garden Grove Commerce Park

Garden Grove,
CA
(2018)

Business Development, Manufacturing

CDE(s): Local Initiatives Support Corporation

The NMTC supported light industrial space outfitted for multiple manufacturers.

Anna Julia Cooper Episcopal School

Richmond,
VA
(2020)

Community, Private School, Religious Organizations, Schools

CDE(s): Capital One, Local Initiatives Support Corporation

The project expands AJCES with a new building and gymnasium on a site adjacent to its existing school building.

SUPRSEED

Los Angeles,
CA
(2020)

Grocery and Fresh Food, Retail, Retail and Commercial

CDE(s): Local Initiatives Support Corporation

The purchase of the new building will allow SuprMarkt LA to move to a permanent brick and mortar location that will provide them additional space to offer education and healthy

Grady Center for Advanced Surgical Services

Atlanta,
GA
(2020)

Community, Fighting Cancer, Healthcare, Hospitals and Emergency Services, Safety Net Hospital

CDE(s): Carver State Bank, CCG Community Partners, Community Hospitality Healthcare Services, Local Initiatives Support Corporation, Truist, Urban Action Community Development

A new, 555,000 square foot facility with eight operating rooms, four endoscopy rooms, a Cancer Center, surgical clinics including orthopedics, general surgery, ENT, oral surgery, an Eye Center, and imaging,

Vallarta Van Nuys Supermarket

Van Nuys,
CA
(2020)

Adult Education, College or Vocational Training, Community, Grocery and Fresh Food, Historic Rehabilitation, Retail, Retail and Commercial

CDE(s): Local Initiatives Support Corporation, Los Angeles Development Fund, TELACU

Funding for the Vallarta Van Nuys project was used for the substantial rehabilitation of the property to transform the 124,000 sq. ft. parcel of land into a 40,000 sq.

Express Grain Terminals Greenwood

Greenwood,
MS
(2020)

Business Development, Manufacturing, Rural

CDE(s): AMCREF Community Capital, Heartland Renaissance Fund, Local Initiatives Support Corporation

NMTCs financed the expansion of a soybean processing facility, which includes additional equipment purchases and operating cash to support grain procurement.

VST Development

North Hollywood,
CA
(2020)

Business Development, Manufacturing

CDE(s): Local Initiatives Support Corporation

VST Development purchased a building that will allow VS Construction to expand its current operating facilities.

Community Eye Center

Los Angeles,
CA
(2020)

Community, Healthcare

CDE(s): Local Initiatives Support Corporation

The loan was used for refinancing existing debt for an optometristic office.

Colville Tribal Building

Nespelem,
WA
(2014)

Community, FQHCs, Healthcare, Infrastructure, Municipal Facilities, Rural, Targeted Populations

CDE(s): Ecotrust, Local Initiatives Support Corporation, Waveland Community Development

The Confederated Tribes of the Colville Reservation creates economic opportunity by investing in tribal members.

Whitnall Summit Place

West Allis,
WI
(2004)

Brownfield Remediation, Business Development, Historic Rehabilitation, Manufacturing

CDE(s): Impact Seven, Local Initiatives Support Corporation, WHEDA

The adaptive reuse of century-old buildings near Milwaukee in which the Allis Chalmers Manufacturing Company originally built tractors.

Shops at Park Village

Washington,
DC
(2006)

Grocery and Fresh Food, Mixed-use, Retail, Retail and Commercial

CDE(s): Local Initiatives Support Corporation

A 111,293 sq. ft. commercial development in the Congress Heights neighborhood in southeast Washington, DC.

Katy Trail Community Health

Warsaw,
MO
(2013)

Behavioral Health, Community, FQHCs, Healthcare, Rural

CDE(s): Local Initiatives Support Corporation

The project involved the design and construction of a new 24,870 sq. ft., one story facility that provides space for all three partners to provide services and flexible space for

Warsaw YMCA

Warsaw,
IN
(2014)

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

CDE(s): Cinnaire New Markets, Local Initiatives Support Corporation

The project is a new state-of-the-art 72,000 sq. ft. Kosciusko County YMCA facility.

Pacific Safety

Vista,
CA
(2019)

Business Development, Office

CDE(s): Local Initiatives Support Corporation

Pacific Safety Solutions, a safety consulting firm, used financing to purchase the 3,800 sq. ft. commercial property it previously leased in Vista, CA.

Vidalia Denim

Vidalia,
LA
(2018)

Business Development, Manufacturing, Rural

CDE(s): AMCREF Community Capital, Local Initiatives Support Corporation

Financing for Vidalia Mills, a startup denim manufacturer producing high-quality fabrics using sustainable and eco-friendly processes.

Phillips Wharf Environmental Center

Tilghman,
MD
(2017)

College or Vocational Training, Community, Food Manufacturing, Manufacturing, Timber and Agriculture, Vocational Training

CDE(s): Local Initiatives Support Corporation

Purchase of an oyster aquaculture business by a nonprofit to form an oyster farming apprenticeship program.

Mountain Park Health Center

Tempe,
AZ
(2016)

Community, FQHCs, Healthcare

CDE(s): Local Initiatives Support Corporation

Financing to renovate a 35,000 square foot space in order to relocate and expand a health clinic, which increases the number of exam rooms from 13 to 45 and be