National New Markets Fund Archives

2023

Spartenburg, SC | 4th District

Highland Baking Company (2023)

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….

2023

Gibsland, LA | 4th District

Bienville Lumber

AMCREF National New Markets Fund

NMTC financing supported 130 new jobs near Taylor, Louisiana….

2023

Sarepta, LA | 4th District

IntegriCo

AMCREF

NMTC financing helps create jobs and add a second shift at a manufacturer….

2022

Glasgow, KY | 2nd District

Nemak Kentucky

AMCREF

NMTC financing supported facility upgrades of Nemak’s Kentucky electric vehicle manufacturing plant….

2022

Baxley, GA | 1st District

New Baxley Operations LLC

AMCREF

New Baxley is using NMTC financing to equip and operate an existing manufacturing facility in Baxley, GA. The refurbished,…

2021

Donalsonville, GA | 2nd District

American Peanut Growers Group, LLC

Carver State Bank Midwest Renewable Capital National New Markets Fund United Bank of Alabama United Fund Advisors

Formed in 2003, American Peanut Growers Group LLC is a farmer-owned cooperative shelling plant that returns the profit over…

2021

Chattanooga, TN | 3rd District

Southern Champion Tray

AMCREF MuniStrategies National New Markets Fund Southern Community Capital Truist

In December 2021, AMCREF Community Capital provided $9 million of NMTC financing to Southern Champion Tray, a 94-year-old sustainable…

2021

Dyersburg, TN | 8th District

ERMCO

Midwest Renewable Capital National New Markets Fund Waveland Community Development

ERMCO is headquartered in Dyersburg, TN and is a wholly owned subsidiary of Arkansas Electric Cooperatives, Inc in Little…

2021

Cleveland, OH | 11th District

Kroy Phase 2

National New Markets Fund PNC

This investment allowed Kroy to purchase new equipment to expand its manufacturing operations of bar codes, liner-less labels and…

2021

McKinney, TX | 3rd District

Petoskey Plastics

AMCREF PNC Texas Mezzanine Fund

Acquisition, renovation and equipping of an environmentally focused plastics extrusion facility in McKinney, TX….

2021

Natchitoches, LA | 4th District

CommCare Nathchitoches

AMCREF Hampton Roads Ventures

CommCare is constructing a 72,000 sq. ft. skilled nursing and rehabilitation facility in Natchitoches, LA that will serve 120…

2021

San Antonio, TX | 35th District

Saueressig

AMCREF

In December 2021, AMCREF Community Capital provided $9.9 million of NMTC financing to Schawk USA, Inc. a subsidiary of…

CDE: National New Markets Fund

Recent Allocation Awards:

Project Profiles

2023

Highland Baking Company (2023)

2023

Bienville Lumber

2023

IntegriCo

2022

Nemak Kentucky

2022

New Baxley Operations LLC

2021

American Peanut Growers Group, LLC

2021

Southern Champion Tray

2021

ERMCO

2021

Kroy Phase 2

2021

Petoskey Plastics

2021

CommCare Nathchitoches

2021

Saueressig