CDE: Southern Community 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

Fab-Tek

Hazlehurst,
MS
(2023)

Manufacturing

CDE(s): Southern Community Capital

Fab-Tek of Central Mississippi, Inc., is a locally owned, light manufacturing business specializing in fabricating metal, polymers and plastics. The company produces and retools light manufacturing equipment and components for

Goodwill Excel Center Midsouth

Memphis,
TN
(2023)

Goodwill

CDE(s): Southern Community Capital

Goodwill Excel Center Midsouth (the “Excel Center”), located in Memphis, Tennessee, is a contract adult high school operating in partnership with Shelby County Schools (“SCS”). The Excel Center opened its

Milwaukee Tool

Greenwood,
MS
(2022)

Manufacturing

CDE(s): PB Community Impact Fund, Southern Bancorp, Southern Community Capital

Milwaukee Tool used NMTC financing to expand the facility’s manufacturing capabilities by upgrading the current outdated facility and purchasing new, innovative, state-of-the-art equipment to further support its growing hole saw

Pine Grove Behavioral Health and Addiction Services

Hattiesburg,
MS
(2023)

Healthcare

CDE(s): PB Community Impact Fund, Southern Community Capital

PB Community Impact Fund provided $8,000,000 of federal New Market Tax Credit allocation to Forrest County General Hospital to finance the construction of the Pinegrove Behavioral Health Center (Pine Grove).

NYX Manufacturing Facility

Linden,
TN
(2023)

Manufacturing

CDE(s): Pathway Lending, Southern Community Capital, Waveland Community Development

NYX Linden, LLC, a minority owned and operated automotive parts and components manufacturer, designs and manufactures vehicle components such as door panels, center consoles, grab handles and more. NYX is

Southern Champion Tray

Chattanooga,
TN
(2021)

Food Manufacturing, Manufacturing, Plastics and Chemicals

CDE(s): 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 paperboard packaging converter specializing primarily in food packaging for the grocery,

Mueller Copper Tube Co Inc

Fulton,
MS
(2017)

Machine Shops and Metal Fabrication, Manufacturing, Plastics and Chemicals

CDE(s): Southern Community Capital

Mueller utilized NMTC proceeds in the second phase of its expansion and modernization of copper tube and line production at its Fulton, Mississippi facility.

Precision Engineering

Mobile,
AL
(2021)

Manufacturing

CDE(s): Southern Community Capital

Precision Engineering, Inc., has positioned itself as a regional leader in the industrial automation field. Founded in 1994 and headquartered in Mobile, Alabama, PEI has registered professional engineers in Alabama,

The Mill Redevelopment

Starkville,
MS
(2014)

Adult Education, Business Development, College or Vocational Training, Community, Historic Rehabilitation, Hotels and Tourism, Mixed-use, Restaurants and Catering, Retail, Retail and Commercial, Rural

CDE(s): Brownfield Revitalization, Dudley Ventures, Southern Community Capital

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.

Field Health System

Centreville,
MS
(2013)

Community, Healthcare, Hospitals and Emergency Services, Rural

CDE(s): Community Hospitality Healthcare Services, Hope Enterprise, Southern Community Capital

Through partnerships with banks from inside and outside of the region, HOPE was able to use the NMTC Program to finance the construction of a new facility in a community

Vicksburg High School

Vicksburg,
MS
(2018)

Community, Daycare and Early Childhood, Rural, Schools, Youth and Families, Youth Program

CDE(s): Enhanced Capital, Southern Community Capital

Renovation work is underway at Vicksburg High School.

Talladega College Student Center

Talladega,
AL
(2018)

Adult Education, College or Vocational Training, Community, Grocery and Fresh Food, Healthcare, HFFI, Higher Education, Retail, Retail and Commercial, Rural, Vocational Training

CDE(s): Southern Community Capital, United Bank of Alabama, United Fund Advisors

NMTCs Put Major Construction at Iconic Alabama College over the Top

Waterfront Rescue Mission

Mobile,
AL
(2017)

Adult Education, Behavioral Health, College or Vocational Training, Community, Food Bank or Pantry, Healthcare, HFFI, Homeless Services, Shelters and Community Food

CDE(s): Southern Community Capital

NMTC financing for the Waterfront Rescue Mission, a major expansion project.

Baptist Leake Hospital

Carthage,
MS
(2013)

Community, Healthcare, Hospitals and Emergency Services, Indian Country, Rural

CDE(s): Community Hospitality Healthcare Services, MuniStrategies, Southern Community Capital

This is a major investment in the healthcare of a severely distressed rural area in Carthage, Mississippi.

Mississippi Silicon

Burnsville,
MS
(2013)

Auto Manufacturing, Business Development, Machine Shops and Metal Fabrication, Manufacturing, Plastics and Chemicals, Rural, Solar, Tech Manufacturing

CDE(s): MuniStrategies, Rural Development Partners, Southern Community Capital

Burnsville's 2013 unemployment rate of 35.4% was more than three times the national average.