The Mill Redevelopment, located in rural Starkville, Mississippi (population 23,888), is the adaptive reuse of a historic, 111-year old shuttered cotton mill and new construction on a site that has been virtually inactive since 1962. The mixed-use redevelopment has strong support from Mississippi State University and will include a conference center and offices, and the […]
Field Memorial Hospital, a small rural hospital located in Southwest Mississippi, was in dire need of repair and updating to serve the residents of Amite and Wilkinson Counties. Through partnerships with banks from inside and outside of the region, HOPE was able to use the New Markets Tax Credit Program to finance the construction of […]
NMTCs Put Major Construction at Iconic Alabama College over the Top
NMTC financing for the Waterfront Rescue Mission, a major expansion project.
Baptist Health Systems acquired the Leake Memorial Hospital on October 1, 2011 in a transaction with the Leake County Board of Supervisors. Baptist Leake was constructed as a new hospital facility in this medically underserved area with a $29.7 million investment that features the use of both federal and state NMTCs and tax-exempt bond financing. This is a […]
Burnsville’s 2013 unemployment rate of 35.4% was more than three times the national average.