Southern Bancorp - New Markets Tax Credit Coalition

2022

Little Rock, AR | 2nd District

UAMS Child Development Center

The approximately 20,000-square-foot Child Development Center will be built at the intersection of 11th and Monroe streets, just south…

2021

Little Rock, AR | 2nd District

Arkansas Arts Center

Heartland Renaissance Fund

Renovation, construction and equipping of Central Arkansas’s premier visual and performing arts institution…

2021

Clarksville, AR | 4th District

University of the Ozarks Thomas and Frances Wilson Science Center

Heartland Renaissance Fund Southern Bancorp

Finances the renovation and expansion of the Science Center at University of Ozarks…

2022

Little Rock, AR | 2nd District

Our House

Heartland Renaissance Fund

Our House announced on Aug. 17 that it has closed on a $10 million NMTC (New Markets Tax Credit)…

2021

Kennett, MO | 8th District

Delta Peanut

Community Development Venture Capital Alliance Hampton Roads Ventures Heartland Renaissance Fund

The construction of a peanut processing plant that allows Delta Peanut, a cooperative of 73 family-owned peanut farms, to…

2020

Heber Springs, AR | 2nd District

Saint Jean Industries WL

Heartland Renaissance Fund

Expansion of an existing facility and the purchase of new equipment for an automobile parts manufacturer in Heber Springs,…

2020

Greenwood, MS | 2nd District

Express Grain Terminals Greenwood

AMCREF 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…

2020

Jonesboro, AR | 1st District

Delta Peanut

Heartland Renaissance Fund Truist

Construction and equipment purchases at peanut shelling plant and buying point warehouse in Jonesboro, AR….

2020

Oklahoma City, OK | 5th District

Homeland Grocery

Heartland Renaissance Fund USBCDE

Financing for the construction of a new 30,000 sq. ft. full-service grocery store located in a designated food desert…

2011

Rogers, AR | 3rd District

Open Avenues

Heartland Renaissance Fund

Open Avenues, a 501(c) that fosters independent living and work skills for disabled adults, used a $6.5 million New…

2017

Rogers, AR | 3rd District

Haas Hall Academy

Heartland Renaissance Fund

The former Lane Hotel at Second and Poplar streets downtown was renovated for one of Haas Hall Academy’s newest…

2017

Pine Bluff, AR | 4th District

Highland Pellets

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…

CDE: Southern Bancorp

Project Profiles

2022

UAMS Child Development Center

2021

Arkansas Arts Center

2021

University of the Ozarks Thomas and Frances Wilson Science Center

2022

Our House

2021

Delta Peanut

2020

Saint Jean Industries WL

2020

Express Grain Terminals Greenwood

2020

Delta Peanut

2020

Homeland Grocery

2011

Open Avenues

2017

Haas Hall Academy

2017

Highland Pellets

Recent Allocation Awards (2018-2021):