CDE: Stonehenge Community Development

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

Eagle Valley Behavioral Health

Edwards,
CO
(2023)

FQHCs

CDE(s): Capital One, Colorado Enterprise Fund, Colorado Growth and Revitalization Fund, Stonehenge Community Development, TruFund

Supported the construction of a new facility to provide mental health inpatient psychiatric care and remodeling an adjacent facility to provide outpatient psychiatric care in a Medically Underserved Area.

North Carolina Central University

Durham,
NC
(2024)

College or Vocational Training, Community, FQHCs, HBCUs, Healthcare, Higher Education

CDE(s): Stonehenge Community Development, USBCDE

Financing to enable North Carolina Central University to enhance critical medical care at a new community health center in Halifax County, NC.

Monogram Foods

Martinsville,
VA
(2023)

Manufacturing

CDE(s): CEI Capital Management, Stonehenge Community Development, The Community Business Investment Fund

Expansion of a food packaging facility, creating significant quality and accessible jobs. Project is committed to local hiring and internal career advancement opportunities. Supported the facility expansion and equipment purchase

Ampro Industries

Memphis,
TN
(2023)

Manufacturing

CDE(s): Stonehenge Community Development, Truist

This project supported the equipment purchases and revitalization of an abandoned facility to be utilized for manufacturing personal care products. In addition to the direct jobs created at Ampro as

Wholestone Farms

Fremont,
NE
(2022)

Co-ops, Food Manufacturing, Manufacturing

CDE(s): Dudley Ventures, Greenline Ventures, Stonehenge Community Development

NMTC financing for Wholestone Farms, a Pork Processing plant in Fremont, NE.

Williams Sausage Company Breaks Ground on New Factory and Receives New Markets Tax Credits to Finance Major Expansion

Business Development, Manufacturing, Rural

CDE(s): Chase, Community Impact Fund, Pacesetter CDE, Stonehenge Community Development, TruFund

Stonehenge Capital Investment Makes Early Education Possible for Children Living in Low Income Community

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Stonehenge Community Development, USBCDE

Rhino Health USA

Fort Worth,
TX
(2022)

Manufacturing

CDE(s): MBS Urban Initiatives, Pacesetter CDE, Prestamos CDFI, Stonehenge Community Development, Texas Mezzanine Fund

The mixed-use home and headquarters for Kone Company.

Grady Ponce De Leon HIV/AIDS Center

Atlanta,
GA
(2022)

Community, Hospitals and Emergency Services, Safety Net Hospital

CDE(s): CAHEC, Grow America, Innovate Fund, Stonehenge Community Development

Renovate Grady Ponce De Leon HIV/AIDS center in order to provide better treatment options for people in Atlanta, GA, the epicenter of the GIV epidemic.

Roses Southwest Papers Inc.

Albuquerque,
NM
(2021)

Historic Rehabilitation, Indian Country, Manufacturing, Solar

CDE(s): New Mexico Finance Authority, Stonehenge Community Development

Roses Southwest Papers Inc. is a high-quality paper products manufacturer located in Albuquerque, New Mexico. The investment will allow the family-owned and operated business to increase its manufacturing capacity and

Down Syndrome Association of Greater Cincinnati

Cincinnati,
OH
(2012)

College or Vocational Training, Community

CDE(s): PNC, Stonehenge Community Development

NMTC financing for the Down Syndrome Association of Greater Cincinnati, which partners with families and others to create an environment in which individuals with Down Syndrome.

Glazer Children’s Museum

Tampa,
FL
(2011)

Arts, Children's Museum, Community, Community Center, Daycare and Early Childhood, Museums, Youth and Families

CDE(s): Capital Trust, Stonehenge Community Development

NMTCs financed a 53,000 sq. ft. facility expansion project.

New Generation Construction Group, Inc.

Lincoln,
NE
(2018)

Business Development, Office, Retail

CDE(s): Stonehenge Community Development

An NMTC investment supported NGC’s expansion project at its new headquarters located in the Telegraph District.

Indian River County Habitat for Humanity

Vero Beach,
FL
(2010)

Adult Education, Affordable Housing, College or Vocational Training, Community, Habitat for Humanity, Housing, Indian Country

CDE(s): Stonehenge Community Development

Smith NMTC and Stonehenge partnered to provided $6 million in NMTC financing to Indian River County Habitat for Humanity, an organization founded to help ensure everyone has a place to

Chaucer Foods Forest Grove

Forest Grove,
OR
(2013)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Stonehenge Community Development

An Oregon-based supplier to major food producers around the world opened a new freeze-dried food processing facility in Forest Grove that created 73 jobs.

Williams Sausage

Union City,
TN
(2017)

Business Development, Manufacturing, Retail, Rural

CDE(s): Chase, Community Impact Fund, Pacesetter CDE, Stonehenge Community Development, TruFund

Financing for the equipping of a manufacturing production facility, cold and dry storage, disbution center, truck maintenance hsop and new corporate offices.

Highland Bakery Company (2012)

Spartanburg,
SC
(2012)

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

CDE(s): Stonehenge Community Development

Acquisition and renovation of a food manufacturing facility.

Novus Advanced Manufacturing

Saint Joseph,
TN
(2018)

Business Development, Manufacturing, Rural

CDE(s): Stonehenge Community Development

Financing for a technology manufacturer.

Omaha Early Learning Center at Kennedy

Omaha,
NE
(2018)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Stonehenge Community Development, USBCDE

The construction of an early childhood learning center.

Hitchcock’s Market

Old Town,
FL
(2013)

Grocery and Fresh Food, HFFI, Retail, Retail and Commercial, Rural

CDE(s): Florida Community Loan Fund, Stonehenge Community Development

In rural Dixie County, Florida, there was only one grocery store, and its 30-year old building had become run down.

National World War II Museum

New Orleans,
LA
(2007)

Arts, Community, Museums, Restaurants and Catering, Retail and Commercial, Theaters and Performing Arts Spaces

CDE(s): Capital One, Enhanced Capital, First NBC Community Development Fund, National New Markets Fund, Stonehenge Community Development, Whitney New Markets Fund

NMTC financing supported the construction of the National World War II Museum

TAG Truck Center and Technical Institute

Memphis,
TN
(2017)

Adult Education, College or Vocational Training, Community, Manufacturing, Retail, Vocational Training, Warehouse and Wholesale

CDE(s): MBS Urban Initiatives, Stonehenge Community Development, Truist

Development of a 188,740 sq. ft. facility for sale, service, training and parts distribution for diesel trucks.

Romark Global Pharma

Manati,
PR
(2018)

Business Development, Community, Disaster Recovery, Healthcare, Irma, Manufacturing, Maria

CDE(s): Capital One, Grow America, Mid-City Community CDE, Stonehenge Community Development, TruFund

NMTC financing supported the rehabilitation of a former warehouse into a 40,000 square foot pharmaceutical manufacturing plant where it produces Alinia, a prescription drug that treats illnesses caused by Crypotsporidium

Revolution Mill

Greensboro,
NC
(2011)

Community, Incubator, Mixed-use

CDE(s): Stonehenge Community Development

The redevelopment of the mixed-use, destination campus.

International Civil Rights Center & Museum

Greensboro,
NC
(2009)

Arts, Black History, Community, Museums

CDE(s): Stonehenge Community Development, USBCDE

A comprehensive Civil Rights museum and an innovative social justice educational organization devoted to the understanding and advancement of civil and human rights at home and around the world.

Flex-N-Gate

Detroit,
MI
(2018)

Auto Manufacturing, Business Development, Manufacturing

CDE(s): Dudley Ventures, Grow America, National New Markets Fund, Stonehenge Community Development, Wells Fargo

NMTC project creates over 800 new jobs in Detroit.

Navajo Tribal Authority Administrative Building

Chinle,
AZ
(2010)

Community, Indian Country, Rural, Targeted Populations

CDE(s): Stonehenge Community Development

NMTC financing supported the construction of the Navajo Tribal Authority Administrative Building

Easter Seals

Chicago,
IL
(2011)

Arts, Community, Disability Services, Schools

CDE(s): Business Valued Advisor Fund, Cinnaire New Markets, Stonehenge Community Development

The new construction of a two-story 26,378 sq. ft. fitness, wellness and recreation center for Easterseals Academy, a school for children with autism spectrum disorders, emotional disabilities and developmental delays.

La Posada Pintada

Bluff,
UT
(2015)

Business Development, Hotels and Tourism, Indian Country, Rural

CDE(s): Stonehenge Community Development

NMTC financing for the expansion of La Posada Pintada, a family-owned inn in Bluff, where traditional sources of financing have been hard to obtain for small-business owners in the rural

Dow Bay Area Family YMCA

Bay City,
MI
(2010)

Community, Daycare and Early Childhood, Recreation, YMCAs and YWCAs, Youth and Families

CDE(s): Stonehenge Community Development

Construction of a 92,000 sq. ft. YMCA that includes a large swimming pool, three multi-purpose fitness rooms, a child care center, two basketball courts, paddle-ball and racquetball courts and a