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

United Alloy

Seguin,
TX
(2023)

Manufacturing

CDE(s): Central States Development Partners, Petros Community Impact Fund, Truist, Urban Action Community Development

United Alloy produces the highest quality leak-proof metal fuel tanks, reservoirs, skids, frames, chassis, trailers, heavy metal fabrications, and complex weldments; and its primary customer is Caterpillar – the world’s

Colormasters Inc.

Albertville,
AL
(2023)

Manufacturing

CDE(s): Pathway Lending, People Incorporated Financial Services, River Gorge Capital, Truist

Colormasters Inc., a key player in flexible packaging since 1986, has seen remarkable growth, expanding from a 10,000 sq. ft. facility with one bag machine to over a million sq.

Garfield Corporate Center

Los Angeles,
CA
(2013)

Warehouse and Wholesale

CDE(s): Truist

NMTC financing for a 620,000 sq. ft. office, warehouse, and distribution center created 40 new jobs and 150 construction jobs in Los Angeles.

Norfolk Police K-9 Training Center

Norfolk,
VA
(2006)

Municipal Facilities, Office

CDE(s): Truist

NMTC financing supported the construction of a building for the Norfolk Police Department.

Junior Achievement of Tampa BizTown

Tampa,
FL
(2017)

Daycare and Early Childhood

CDE(s): BBIF, Truist

An experiential, real-life simulation, JA Finance Park first provides a series of lessons in the classroom to middle school students where they learn about all aspects of personal finance including

Jones Building Rehab

Suffolk,
VA
(2007)

Community, Healthcare, Machine Shops and Metal Fabrication, Retail

CDE(s): Truist

The Jones Building in Suffolk, VA originally housed four retail bays and a movie theater on the ground floor. A fire in the mid-1980’s nearly destroyed the building. The movie

New Westervelt Lumber Mill Will Create Jobs in Thomasville

Business Development, Manufacturing, Rural, Timber and Agriculture

CDE(s): Dakotas America, National New Markets Fund, Rural Development Partners, Truist

Auburn Research Park advances innovation in Alabama

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

Southern Champion Tray

Chattanooga,
TN
(2021)

Food Manufacturing, Manufacturing, Plastics and Chemicals

CDE(s): AMCREF Community Capital, 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,

Briggs and Stratton Corporation

Statesboro,
GA
(2017)

Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Dudley Ventures, MuniStrategies, Truist

Brigggs and Stratton's Statesboro, GA plant modernization.

K-VA-T Winchester

Winchester,
TN
(2021)

Grocery and Fresh Food

CDE(s): Community Ventures, Truist

This project was for a 54,000 sq. ft. grocery store in Winchester, TN. Store includes a bakery/deli, a 500 sq. ft. pharmacy, Starbucks and a Bank. K-VA-T also purchased an

Crosstown Concourse celebrates 5 years since opening

Mixed-use, Mixed-use and Commercial

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

Jamise Goodman

CDE(s): Truist

Jamise Goodman is the NMTC program director for Truist.

Boys and Girls Club of Valdosta

Valdosta,
GA
(2009)

Boys and Girls Clubs, Community, Recreation, Youth and Families

CDE(s): Truist

Financing for a Boys and Girls Club.

The Mill House

Greensboro,
NC
(2021)

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

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

NMTC financing for the Mill House, the final phase of the historic Revolution Mill Complex revitalization in Greensboro, North Carolina.

Ampro

Memphis,
TN
(2021)

Business Development, Manufacturing

CDE(s): Hampton Roads Ventures, Truist

NMTC financing supported the Ampro project.

Mater Grove Academy

Miami,
FL
(2017)

Community, Schools

CDE(s): Raza Development Fund, Truist

Construction financing for two school buildings totaling 54,000 sq. ft.

The MED

Memphis,
TN
(2013)

Community, Healthcare

CDE(s): Community Hospitality Healthcare Services, Grow America, River Gorge Capital, Truist

An 82,000 square foot renovation of existing space for a regional medical center.

Atlanta Youth Academy

Atlanta,
GA
(2019)

Brownfield Remediation, Community, Daycare and Early Childhood, Library, Makerspace, Schools, Youth and Families, Youth Program

CDE(s): Atlanta Emerging Markets, Truist

Atlanta Youth Academy is a Pre-K-to-8 independent school that provides robust education opportunities to low-income students, predominantly from single-parent households with median annual incomes of under $24,000.

MIA Seating

Union City,
TN
(2014)

Business Development, Manufacturing, Rural

CDE(s): National New Markets Fund, Truist

A new Technologically Advanced and Vertically Integrated manufacturing facility in the United States; manufacturing a high quality Made in the USA product line of office chairs and furniture at prices

Grady Center for Advanced Surgical Services

Atlanta,
GA
(2020)

Community, Fighting Cancer, Healthcare, Hospitals and Emergency Services, Safety Net Hospital

CDE(s): Carver State Bank, CCG Community Partners, Community Hospitality Healthcare Services, Local Initiatives Support Corporation, Truist, Urban Action Community Development

A new, 555,000 square foot facility with eight operating rooms, four endoscopy rooms, a Cancer Center, surgical clinics including orthopedics, general surgery, ENT, oral surgery, an Eye Center, and imaging,

Woodward

Cincinnati,
OH
(2020)

Historic Rehabilitation, Retail, Retail and Commercial

CDE(s): Truist

Renovation of historic building for commercial retail space

Girls Leadership Academy of Wilmington

Wilmington,
NC
(2018)

Community, Daycare and Early Childhood, Incubator, Makerspace, Schools, Youth and Families

CDE(s): TruFund, Truist

The Girls Leadership Academy of Wilmington is a charter school affiliated with the Young Women's Leadership Network. Through generous support from the local community, the school is constructing a 60,000

Two Rivers Public Charter Schools

Washington,
DC
(2015)

Community, Schools

CDE(s): DC Housing Enterprises, Truist

Redevelopment of a 53,480 sq. ft. charter school providing interactive, hands-on approach.

Westervelt Lumber

Thomasville,
AL
(2019)

Business Development, Manufacturing, Rural, Timber and Agriculture

CDE(s): Dakotas America, National New Markets Fund, Rural Development Partners, Truist

The $191.6 million facility will produce approximately 250 million board feet of pine lumber annually|taking advantage of the company’s nearby timberland and other facilities.

Upward Star Center

Spartanburg,
SC
(2015)

Community, Healthcare, Retail

CDE(s): Innovate Fund, Truist

Established in 1995, Upward Sports is the world's largest Christian youth sports provider.

Severn Peanut Manufacturing

Severn,
NC
(2013)

Business Development, Food Manufacturing, Grocery and Fresh Food, Manufacturing, Retail, Retail and Commercial, Rural, Warehouse and Wholesale

CDE(s): Grow America, Truist

The construction of a new plant with storage space and the purchase of new roasting, drying and shelling equipment.

Commonwealth Crossing Business Centre

Ridgeway,
VA
(2017)

Adult Education, College or Vocational Training, Community, Food Manufacturing, Plastics and Chemicals, Rural, Vocational Training

CDE(s): People Incorporated Financial Services, Truist

Commonwealth Crossing Business Centre is a modern business and technology park designed to attract major manufacturers with the potential to add value to the local economy and create thousands of

Southeast Raleigh YMCA

Raleigh,
NC
(2018)

Affordable Housing, Community, Daycare and Early Childhood, Mixed-use, Recreation, Schools, YMCAs and YWCAs, Youth and Families

CDE(s): CAHEC, Truist

The Southeast Raleigh YMCA/Elementary School is the first phase of a 31-acre master planned site to improve access to education, wellness and fitness activities, and affordable housing in Raleigh, NC.

Coral Town Plaza

Naranja,
FL
(2017)

Grocery and Fresh Food, Retail, Retail and Commercial

CDE(s): Mid-City Community CDE, Truist

Coral Town Plaza is a grocery-anchored, 60,000 square-foot neighborhood center.

EFCO Corporation

Monett,
MO
(2018)

Business Development, Manufacturing, Rural

CDE(s): Central Bank of Kansas City, Truist

NMTC financing supported the 150,000 sq. ft. expansion of a manufacturing facility and storage facility, as well as equipment purchases for additional assembly line and product storage.