CDE: People Incorporated Financial Services

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

Sessions Hotel

Bristol,
VA
(2018)

Business Development, Historic Rehabilitation

CDE(s): People Incorporated Financial Services

Adaptive reuse of local landmark as a boutique hotel and centerpiece of downtown revitalization efforts.

Second Harvest Food Bank of Northwest NC

Winston-Salem,
NC
(2021)

College or Vocational Training

CDE(s): CCG Community Partners, People Incorporated Financial Services, Urban Action Community Development

Urban Action Community Development deployed $6MM of its Round 17 NMTC Allocation for the new construction, FFE, and working capital needs of a food bank in Winston-Salem, NC.

West Liberty Tornado Recovery

West Liberty,
KY
(2013)

Behavioral Health, Community, Disaster Recovery, FQHCs, Healthcare, Rural, Tornadoes

CDE(s): Chase, Pacesetter CDE, People Incorporated Financial Services

In 2012, West Liberty, Kentucky was literally destroyed by a series of E-3 tornadoes. This NMTC project helped the community rebuild.

CSTH-Dynamic, LLC

Norfolk,
VA
(2024)

Manufacturing

CDE(s): Advantage Capital, People Incorporated Financial Services

A growing company expanded operations and created quality jobs in Norfolk, VA

Central Harnett

Lillington,
NC
(2023)

Healthcare

CDE(s): Hampton Roads Ventures, People Incorporated Financial Services, River Gorge Capital, Truist

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

Colormasters Inc.

Albertville,
AL
(2023)

Manufacturing

CDE(s): Pathway Lending, People Incorporated Financial Services, River Gorge Capital, Truist

Colormasters Inc., a key player in flexible packaging since 1986, has seen remarkable growth, expanding from a 10,000 sq. ft. facility with one bag machine to over a million sq.

Lodge Cast Iron

South Pittsburg,
TN
(2021)

Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Chase, Mid-City Community CDE, Pathway Lending, People Incorporated Financial Services

Project acquired and installed certain equipment and enhancements at the 3rd Street Foundry (collectively, the “New 3rd Street Equipment”) necessary to run a third production line. “Operations in our second

EZ-Pack

Cynthiana,
KY
(2015)

Auto Manufacturing, Manufacturing

CDE(s): People Incorporated Financial Services

E-Z Pack Refuse Hauling Solutions LLC, a manufacturer of commercial truck bodies, invested more than $6.85 million and created 100 jobs with an expansion at its Harrison County facility, In

TPG Plastics

Murray,
KY
(2022)

Manufacturing, Plastics and Chemicals

CDE(s): Advantage Capital, People Incorporated Financial Services

TPG Plastics is a manufacturer of portable plastic gas and water cans. The project has provided the Company with funds for a spout assembly machine at close. This project is

Upshur County Innovation Center

Buckhannon,
WV
(2020)

Business Development, Community, Incubator, Retail, Rural

CDE(s): People Incorporated Financial Services

Construction of modern professional office space in downtown Buckhannon, WV consisting of modern amenities and technology along with fiber gigabit connectivity.

Polycap

Lebanon,
VA
(2020)

Business Development, Food Manufacturing, Manufacturing, Plastics and Chemicals, Rural

CDE(s): People Incorporated Financial Services

Equipment purchase for state of the art 76,000 sq. ft. injection molding manufacturing facility which creates plastic caps and enclosures for use in the food and medical industries.

Emory & Henry Health Sciences Building

Emory,
VA
(2019)

College or Vocational Training, Community, FQHCs, Healthcare, Vocational Training

CDE(s): People Incorporated Financial Services, Virginia Community Development Fund

The second phase of renovation of an old hospital into classrooms, lecture halls, laboratories, and clinical space for E and H graduate programs.

Continental Tire

Sumter,
SC
(2012)

Business Development, Manufacturing

CDE(s): Chase, CRFUSA, Grow America, People Incorporated Financial Services, Urban America

NMTC equity allowed Continental Tire to expand their North American operations in the United States, rather than in another part of North America or South America.

Commonwealth Crossing Business Centre

Ridgeway,
VA
(2017)

Adult Education, College or Vocational Training, Community, Food Manufacturing, Plastics and Chemicals, Rural, Vocational Training

CDE(s): People Incorporated Financial Services, Truist

Commonwealth Crossing Business Centre is a modern business and technology park designed to attract major manufacturers with the potential to add value to the local economy and create thousands of

Model Mill

Johnson City,
TN
(2018)

Business Development, Historic Rehabilitation, Office

CDE(s): People Incorporated Financial Services, RBC Community Development

Financing for rehab of the Model MIll on West Walnut Street into a new headquarters for a business.

Polycap Brings First Us Manufacturing Facility Lebanon Virginia

Business Development, Manufacturing, Rural

CDE(s): People Incorporated Financial Services

Equipment purchase for state of the art 76,000 sq. ft. injection molding manufacturing facility which creates plastic caps and enclosures for use in the food and medical industries.