CDE: Truist

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

Family Health Center of Southwest Florida

Lehigh Acres,
FL
(2019)

Community, Dental Services, FQHCs, Healthcare, Shelters and Community Food

CDE(s): Community Hospitality Healthcare Services, Truist

Family Health Center of Southwest Florida, Inc. is planning to construct a Federally Qualified Health Center to serve the primary healthcare needs of the uninsured and underinsured patient population in

Intergenerational Center for Arts and Wellness

Winston-Salem,
NC
(2022)

College or Vocational Training, Daycare and Early Childhood, Healthcare, Nonprofit Hub

CDE(s): CAHEC, CCG Community Partners, Truist

NMTC financing for a multitenant social service center providing improved access to quality elder care, healthcare, early childhood education, arts, and other social services.

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 a

Open Hand Atlanta

Atlanta,
GA
(2023)

Shelters and Community Food

CDE(s): Atlanta Emerging Markets, Truist

Open Hand was founded in 1988 by a small group of friends who gathered to prepare and deliver home-cooked meals to neighbors who were living with HIV/AIDS. Since its founding,

Georgia Works

Atlanta,
GA
(2023)

Nonprofit Hub, Supportive Housing

CDE(s): Atlanta Emerging Markets, Truist

Founded in 2013, Georgia Works is a nonprofit with a mission to end homelessness by empowering vulnerable individuals to achieve self-sufficiency. The organization serves men who are chronically homeless and/or

Salvation Army of Metro Atlanta

Atlanta,
GA
(2024)

Salvation Army, Vocational Training

CDE(s): Atlanta Emerging Markets, Dudley Ventures, Truist

Expansion of a shelter, which will include 230 emergency shelter beds, an education and workforce development center, medical exam rooms, laundry rooms, and common areas.

Second Harvest Food Bank of Metrolina

Charlotte,
NC
(2016)

Community, Shelters and Community Food

CDE(s): The Reinvestment Fund, Truist

The expansion of Second Harvest Food Bank of Metrolina, doubling the size of their main warehouse

Greater Cleveland Food Bank

Cleveland ,
OH
(2022)

Shelters and Community Food

CDE(s): Cleveland Development Advisors, Development Fund of the Western Reserve, The Community Builders, Truist

The construction of a warehouse and distribution facility totaling to house the fresh, dry and frozen food for a foodbank in the Collinwood neighborhood.

Millers Court

Baltimore,
MD
(2005)

Affordable Housing, Community, Historic Rehabilitation, Housing, Mixed-use, Retail, Retail and Commercial, Workforce Housing

CDE(s): Enterprise Community Partners, Truist

The purchase and historic rehabilitation of the H. F. Miller and Sons Building, a former tin box manufacturing plant that sat vacant for decades in Baltimore's Charles Village neighborhood. The

Quest Nonprofit Center for Change

Atlanta,
GA
(2018)

Adult Education, College or Vocational Training, Community, Mixed-use, Nonprofit Hub, Shelters and Community Food

CDE(s): Atlanta Emerging Markets, Truist

The construction of a 26,000 sq. ft. Quest Nonprofit Center for Change that houses community and commercial services.

Findlay Parkside

Cincinnati,
OH
(2023)

Mixed-use

CDE(s): National Trust Community Investment Corporation, RBC Community Development, Truist

An adaptive reuse project in the Over-The-Rhine neighborhood of Cincinnati, OH.

Center in the Square/Market Square

Roanoke,
VA
(2011)

Business Development, Community, Daycare and Early Childhood, Historic Rehabilitation, Museums, Targeted Populations, Theaters and Performing Arts Spaces, Youth and Families

CDE(s): Truist, Virginia Community Development Fund

Since its inception in 1983, Center in the Square has been the major catalyst for development and renewal in downtown Roanoke, VA.

Washington School for Girls at THEARC

Washington,
DC
(2024)

Schools, Theaters and Performing Arts Spaces

CDE(s): Harbor Bankshares Corporation, Partners for the Common Good, Truist

NMTCs expand quality education opportunities in Nation’s Capital

Auburn Research Park

Auburn,
AL
(2019)

Adult Education, Business Development, College or Vocational Training, Community, Daycare and Early Childhood, Incubator, Mixed-use, Nonprofit Hub, Research, Youth and Families

CDE(s): Truist, United Bank of Alabama

NMTC equity helped fund the construction of a 105,000-sq. ft. office building at Auburn University in Alabama.

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.

Charles R. Drew Jr. Charter Schools

Atlanta,
GA
(2013)

Community, Schools, Theaters and Performing Arts Spaces

CDE(s): CAHEC, Low Income Investment Fund, PNC, Truist, Urban America

The construction of a new 200,000 sq. ft. educational facility and grow to include a high school.

Crosstown Concourse

Memphis,
TN
(2014)

Affordable Housing, Community, Grocery and Fresh Food, Healthcare, Housing, Mixed-use, Recreation, Retail, Retail and Commercial, Schools, Theaters and Performing Arts Spaces, Youth and Families

CDE(s): Dudley Ventures, Low Income Investment Fund, Mid-City Community CDE, Midwest Renewable Capital, National Trust Community Investment Corporation, Truist

Crosstown Concourse offers approximately 635,122 sf. of commercial, retail and mixed-residential space and 269 apartments consisting of 12 micro units, 24 studios, 64 one-bedroom, 155 two-bedroom and 8 three-bedroom apartments.

Town Hall Education Arts Recreation Campus

Washington,
DC
(2016)

Adult Education, Affordable Housing, Boys and Girls Clubs, Children's Hospital, College or Vocational Training, Community, Daycare and Early Childhood, Healthcare, Housing, Mixed-use, Recreation, Schools, Theaters and Performing Arts Spaces, Youth and Families

CDE(s): City First, Enterprise Community Partners, Low Income Investment Fund, Truist

Mixed use facility including a children's hospital, school and early childhood agency services to low-income people.

Ronald McDonald House Baltimore

Baltimore,
MD
(2017)

Business Development, Community, Daycare and Early Childhood, Fighting Cancer, Healthcare, Recreation, Ronald McDonald House, Shelters and Community Food, Youth and Families

CDE(s): Enterprise Community Partners, Telesis CDE Corporation, Truist

Ronald McDonald House Charities of Baltimore is constructing a new 6-story, 60,000 sq. ft. building in the Jonestown urban renewal area of Baltimore.

The CARITAS Center

Richmond,
VA
(2019)

Addiction Treatment, Adult Education, Affordable Housing, Behavioral Health, College or Vocational Training, Community, Healthcare, Housing, Mixed-use, Nonprofit Hub, Shelters and Community Food

CDE(s): National Trust Community Investment Corporation, Truist

The rehabilitation of the vacant Philip Morris Blended Leaf Complex in downtown Richmond, Virginia into a new headquarters for Congregations Around Richmond To Assure Shelter (CARITAS).

Ronald McDonald House of Philadelphia (2020)

Philadelphia,
PA
(2020)

Community, Daycare and Early Childhood, Fighting Cancer, Grocery and Fresh Food, Healthcare, Retail, Retail and Commercial, Ronald McDonald House, Shelters and Community Food, Youth and Families

CDE(s): Truist

Equipment to complete commercial kitchen space for RMH Philadelphia to provide food distribution to food insecure families

Atlanta Mission – Restoration House

Atlanta,
GA
(2020)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, FQHCs, Healthcare, Mixed-use, Nonprofit Hub, Shelters and Community Food, Youth and Families

CDE(s): Atlanta Emerging Markets, CAHEC, Truist

The NMTC financed the construction of Restoration House, a 45,330 sq. ft. low-barrier shelter for homeless women and children.

Mercy Care Decatur

Atlanta,
GA
(2021)

Behavioral Health, Community, FQHCs

CDE(s): Corporation for Supportive Housing, Truist

$23 million in NMTC financing supported renovation and expansion of Mercy Care’s Decatur Street Clinic with best practices in clinic design

Interfaith Dental Clinic 2

Nashville,
TN
(2018)

Community, Healthcare, Nonprofit Hub

CDE(s): Raza Development Fund, Truist

The clinic is undertaking an $8 million renovation of the 30,000 sq. ft. Aladdin Industries building on Murfreesboro Road, where it will be joined by Prevent Child Abuse Tennessee and

Augusta Hub for Community Innovation

Augusta,
GA
(2021)

Boys and Girls Clubs, Community, Daycare and Early Childhood, FQHCs, Incubator, Nonprofit Hub, Recreation

CDE(s): Carver State Bank, CRFUSA, Local Initiatives Support Corporation, Truist

The HUB for Community Innovation is an outreach center in Augusta’s Harrisburg community.

Grove Park YMCA

Atlanta,
GA
(2019)

Community, Daycare and Early Childhood, FQHCs, Healthcare, Recreation, Theaters and Performing Arts Spaces, YMCAs and YWCAs, Youth and Families

CDE(s): Nonprofit Finance Fund, Truist

The Grove Park Initiative is sponsored by Grove Park Foundation, founded in 2015.

Martha O’Bryan – Explore Community School

Nashville,
TN
(2018)

Community, Daycare and Early Childhood, Grocery and Fresh Food, Library, Retail, Retail and Commercial, Schools, Youth and Families, Youth Program

CDE(s): Low Income Investment Fund, Nonprofit Finance Fund, Truist

A vibrant educational K - 8 charter school in one of Nashville's lowest income neighborhoods.

Delta Millworks

Wimberley,
TX
(2024)

Manufacturing and Industrial

CDE(s): River Gorge Capital, Texas LIC Development Company, Truist

A warehouse and logistics company expanded distribution capacity and added jobs in Wimberley, TX

Delta Peanut

Jonesboro,
AR
(2020)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Heartland Renaissance Fund, Truist

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

Coca-Cola Bottling United East

Tifton,
GA
(2020)

Business Development, Manufacturing, Rural, Warehouse and Wholesale

CDE(s): Carver State Bank, Rural Development Partners, Truist

NMTC financing helped Coca-Cola Bottling UNITED, expedite expansion of their operation to a worthy, supportive community deserving of opportunity.

Cooper Steel

Shelbyville,
TN
(2024)

Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Heartland Renaissance Fund, Innovate Fund, Pathway Lending, Truist

Family-Run Steel Manufacturer Receives Critical NMTC Financing to Match Growing Demand

Premium Peanut Santee

Santee,
SC
(2024)

Manufacturing

CDE(s): CEI Capital Management, Hampton Roads Ventures, Innovate Fund, Mascoma Community Development, Truist

Construction of a new 125,000 ton peanut shelling facility in a non-metropolitan, severely distressed census tract in Santee, SC.

The Steelhouse at the Nussbaum Center for Entrepreneurship

Greensboro,
NC
(2024)

Manufacturing

CDE(s): CCG Community Partners, Truist

An Unparalleled Hub for Urban Manufacturing and Innovation in Greensboro, NC

Gulf Distributing Co. of Mobile

Mobile,
AL
(2024)

Manufacturing

CDE(s): Truist, United Bank of Alabama

Investment into manufacturer restores lost jobs and helps to revitalize distressed community.

Salvation Army of Metro Atlanta

Salvation Army, Vocational Training

CDE(s): Atlanta Emerging Markets, Dudley Ventures, Truist

Expansion of a shelter, which will include 230 emergency shelter beds, an education and workforce development center, medical exam rooms, laundry rooms, and common areas.

Gulf Distributing Co. of Mobile

Manufacturing

CDE(s): Truist, United Bank of Alabama

Investment into manufacturer restores lost jobs and helps to revitalize distressed community.