CDE: River Gorge Capital

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

Goodwill East

New Orleans,
LA
(2024)

Goodwill

CDE(s): Capital One, River Gorge Capital

Goodwill expansion brings workforce training, affordable shopping, and real estate development to distressed, urban community

Beauregard Health System

DeRidder,
LA
(2024)

Healthcare

CDE(s): AMCREF, CCG Community Partners, Community Hospitality Healthcare Services, River Gorge Capital

Providing Critical Care to the Rural Parishes of Beauregard/Vernon, Louisiana

Beauregard Health System

Healthcare

CDE(s): AMCREF, CCG Community Partners, Community Hospitality Healthcare Services, River Gorge Capital

Providing Critical Care to the Rural Parishes of Beauregard/Vernon, Louisiana

Goodwill East

Goodwill

CDE(s): Capital One, River Gorge Capital

Goodwill expansion brings workforce training, affordable shopping, and real estate development to distressed, urban community

Feeding Tampa Bay

Food Bank or Pantry

CDE(s): Black Business Investment Fund, Cadence Community Capital, Capital One, CCG Community Partners, Corporation for Supportive Housing, Florida Community Loan Fund, River Gorge Capital

Investment in food bank helps tackle hunger in West Central Florida

Jackson Schools

Schools

CDE(s): CAHEC, River Gorge Capital, Truist

Investment in education provides career paths and community revitalization

Jackson Hospital

Marianna,
FL
(2021)

Healthcare

CDE(s): River Gorge Capital

A hospital based in Marianna, Florida. The loan, in the amount of $13,500,000, funded the purchase of new patient treatment equipment (MRI and CAT scan machines), as well as post

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

Feeding Tampa Bay Hunger Relief Center

Tampa,
FL
(2023)

Shelters and Community Food

CDE(s): Black Business Investment Fund, Capital One, CCG Community Partners, Corporation for Supportive Housing, Florida Community Loan Fund, River Gorge Capital

Construction of new 215,000 sq-ft facility to address food insecurity

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.

The MED

Memphis,
TN
(2013)

Community, Healthcare

CDE(s): Community Hospitality Healthcare Services, Grow America, River Gorge Capital, Truist

An 82,000 square foot renovation of existing space for a regional medical center.

Heartland AG Systems

Great Bend,
KS
(2017)

Business Development, Manufacturing, Rural, Warehouse and Wholesale

CDE(s): Chase, Community Impact Fund, River Gorge Capital

River Gorge Capital used NMTC financing to provide working capital and to purchase inventory to facilitate growth of Heartland Ag's operations at a new wholesale facility. Heartland Ag services and

Natureplex

Memphis,
TN
(2019)

Business Development, Manufacturing

CDE(s): River Gorge Capital

Financing to Natureplex to support the purchase and equipping of a new facility

Jackson Schools/Healthy Community Education Partners

Jackson,
TN
(2020)

Community, Mixed-use, Nonprofit Hub, Public School, Schools

CDE(s): CAHEC, River Gorge Capital, Truist

A public-private partnership improves education in Jackson, TN.

Robinson Manufacturing

Dayton,
TN
(2020)

Business Development, Manufacturing, Rural

CDE(s): River Gorge Capital

The expansion of a manufacturing facility, consiting of a more than 80,000 sq. ft. of new space.

McMinnville Hampton Inn

McMinnville,
TN
(2020)

Business Development, Hotels and Tourism, Retail, Rural

CDE(s): Enhanced Capital, River Gorge Capital

Devlopment of a 74-room Hampton Inn hotel and a 20,000 sq. ft. retail center in the town of McMinnville, TN.

Highland Pellets

Pine Bluff,
AR
(2017)

Adult Education, Biofuels, College or Vocational Training, Community, Energy, Environment, Manufacturing

CDE(s): Capital One, Heartland Renaissance Fund, River Gorge Capital

Construction of a biomass pellet facility. 30% of workforce to be filled by prisoner return to work employees through second chance program.

TMS International

Osceola,
AR
(2017)

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

CDE(s): Chase, Heartland Renaissance Fund, MuniStrategies, River Gorge Capital

Financing working capital needs related to equipping development and operations facility for handling and processing slag and scrap metal and performing other services to suppor the operations of steel facility.

Crosby Group Lebus Manufacturing

Gregg,
TX
(2017)

Business Development, Manufacturing

CDE(s): Enhanced Capital, River Gorge Capital, Texas Mezzanine Fund, TruFund, Wells Fargo

Forgings Manufacturing facility.

Plush Mill

Greenville,
SC
(2018)

Community, Incubator

CDE(s): Innovate Fund, River Gorge Capital

The renovation and revitalization of the historic Plush Mill in Greenville, S. C.

DOT Foods

Dyersburg,
TN
(2013)

Business Development, Food Manufacturing, Manufacturing, Rural, Warehouse and Wholesale

CDE(s): CAHEC, River Gorge Capital, Rural Development Partners

NMTCs helped Dot Foods revitalize a rural community that lost more than 3,000 manufacturing jobs between 2010-2013.

The Tomorrow Building

Chattanooga,
TN
(2017)

Historic Rehabilitation, Incubator, Mixed-use, Retail

CDE(s): River Gorge Capital

The Tomorrow Building is a four-story, 40,000 sq. ft. building in downtown Chattanooga, Tennessee that was originally built as a hotel in 1888.

Mannington Mills 2 – Rigid Core

calhoun,
GA
(2019)

Business Development, Manufacturing, Rural

CDE(s): Local Initiatives Support Corporation, MuniStrategies, River Gorge Capital

The NMTC financed equipment purchase for a flooring manufacturer to bring a line of business onshore that is currently 100% imported from China.

Design Team Sign Company

Adamsville,
TN
(2018)

Business Development, Food Manufacturing, Manufacturing, Retail, Rural

CDE(s): Hampton Roads Ventures, River Gorge Capital

NMTC financing helps modernize manufacturing facility, keeping jobs in rural Tennessee

Jackson Central Merry High School Madison Academic High Construction August Opening

Community, Schools, Youth and Families

CDE(s): CAHEC, River Gorge Capital, Truist

A public-private partnership improves education in Jackson, TN.