CDE: Waveland 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

Grassland Dairy Products

Food Manufacturing, Manufacturing

CDE(s): CEI Capital Management, Impact Seven, Waveland Community Development

Expansion of a five-generation, family-owned and operated dairy products manufacturer

Ho-Chunk Village 2.0

Winnebago,
NE
(2023)

Mixed-use, Mixed-use and Commercial

CDE(s): Chickasaw Nation CDE, Travois, USBCDE, Waveland Community Development

Construction financing for the development of a mixed-use building in the thriving Ho-Chunk Village master-planned community in Winnebago

Bongards, Perham (MN)

Perham,
MN
(2024)

Business Development, Manufacturing

CDE(s): Dudley Ventures, Mascoma Community Development, National New Markets Fund, Rural Development Partners, Waveland Community Development

New Markets Tax Credit financing for equipment toward the expansion of a cheese and whey processing facility in Perham, Minnesota.

Continental Tire (Mt. Vernon)

Mount Vernon,
IL
(2013)

Business Development, Manufacturing

CDE(s): Chase, Waveland Community Development

NMTC financing supported Continental Tire's $155 million expansion in Mt. Vernon, IL.

McNeilus Steel

Morrison,
TN

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Pathway Lending, Waveland Community Development

McNeilus Steel Inc. will utilize NMTC allocation to finance equipment and working capital for a steel processing and distribution facility located in Morrison, TN.

Grassland Dairy

Greenwood,
WI
(2023)

Manufacturing

CDE(s): CEI Capital Management, Impact Seven, Waveland Community Development

Expansion of a Dairy Processing Facility, creating significant quality and accessible jobs. Project is committed to local hiring and internal career advancement opportunities.

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

Goodnews Bay Regional Processing Plant

Platinum,
AK
(2009)

Indian Country, Manufacturing

CDE(s): Capital Impact Partners, Travois, Waveland Community Development

Construction and permanent financing for a seafood processing plant located in Platinum, Alaska

Ariens Company

Fayetteville,
TN
(2023)

Manufacturing

CDE(s): Legacy Economic Growth Fund, MuniStrategies, Rural Development Partners, Waveland Community Development, Wells Fargo

New Markets Tax Credits to help Ariens Company revitalize an abandoned facility bringing 350 new quality jobs to the Fayetteville

Birds Eye Peas

Waseca,
MN
(2021)

Food Manufacturing

CDE(s): CRFUSA, Midwest Minnesota CDC, Waveland Community Development

Financing for a rural manufacturing/production facility that processes and packages pea for national distribution.

ERMCO

Dyersburg,
TN
(2021)

Manufacturing

CDE(s): Midwest Renewable Capital, National New Markets Fund, Waveland Community Development

ERMCO is headquartered in Dyersburg, TN and is a wholly owned subsidiary of Arkansas Electric Cooperatives, Inc in Little Rock, AR. ERMCO is using NMTCs to equip and expand production

Kone Center

Moline,
IL
(2010)

Mixed-use, Retail

CDE(s): Cinnaire New Markets, Waveland Community Development

Headquarters for Kone Company and other – mixed-use, including retail, office and additional public amenities: This project is part of a multi-stage development plan that includes the participation of the

Delco Trailers

Brookston,
TX
(2021)

Manufacturing

CDE(s): Rural Development Partners, Waveland Community Development

RDP allocated $18MM in NMTCs to help Delco Trailers construct a new 550,000 sq. ft. trailer manufacturing facility.

Colville Tribal Building

Nespelem,
WA
(2014)

Community, FQHCs, Healthcare, Indian Country, Infrastructure, Municipal Facilities, Rural, Targeted Populations

CDE(s): Ecotrust, Local Initiatives Support Corporation, Waveland Community Development

The Confederated Tribes of the Colville Reservation creates economic opportunity by investing in tribal members.

Stadler Rail

Salt Lake City,
UT
(2018)

Infrastructure, Manufacturing, Transportation and Ports

CDE(s): Dudley Ventures, Midwest Renewable Capital, Waveland Community Development

Stadler Rail constructed a new 226,000 square foot, state-of-the-art manufacturing facility for light rail passenger cars in Salt Lake City where they built and assemble trains for transit properties throughout

The Avenida – Warehouse 7 Lofts

Saint Louis,
MO
(2009)

Historic Rehabilitation, Mixed-use, Office, Retail, Retail and Commercial

CDE(s): Waveland Community Development

Financing of a historic 110,000 sq. ft. warehouse into mixed use apartments and retail.

East Texas Physician’s Alliance

Palestine,
TX
(2008)

Community, FQHCs, Healthcare, Rural

CDE(s): Waveland Community Development

Construction and permanent financing for a 37,100 square foot medical clinic and office building

Mills Building Redevelopment

El Paso,
TX
(2010)

Historic Rehabilitation, Mixed-use

CDE(s): Texas Community Development Corporation, Waveland Community Development

NMTC financing for Mills Building Redevelopment, a mixed-use project.

1000 Dean Street

Brooklyn,
NY
(2012)

Arts, Behavioral Health, Community, HFFI, Manufacturing, Mixed-use

CDE(s): United Fund Advisors, Waveland Community Development

Transformation of three vacant structures creates a hub for small,creative businesses and brings significant economic activity to theCrown Heights neighborhood of Brooklyn, NY.

Coastal Growers

Atmore,
AL
(2021)

Business Development, Food Manufacturing, Manufacturing, Rural

CDE(s): MuniStrategies, National Impact Fund, Rural Development Partners, United Bank of Alabama, Waveland Community Development

A new 475,000-sq. ft. facility sources peanuts within a 200 mile radius from farms in Mississippi, Alabama, Georgia and Florida and creates 130 permanent jobs with training and career advancement

Terra NW

Anchorage,
AK
(2011)

Broadband, Community, Daycare and Early Childhood, Indian Country, Youth and Families

CDE(s): Alaska Growth Capital, Chickasaw Nation CDE, Lower Brule Community Development Enterprise, Travois, USBCDE, Waveland Community Development

Massive broadband expansion brings improved healthcare and connectivity to remote Alaska