Wells Fargo Archives

Orange EV ()

Manufacturing
CDEs: Central Bank of Kansas City, Central States Development Partners, Wells Fargo

Orange EV expands manufacturing capabilities in a Severely Distressed Kansas City area.

The Resurgent ()

Healthcare, Higher Education, Incubator, Mixed-use
CDEs: Innovate Fund, Partners for the Common Good, Wells Fargo

NMTCs address need for additional health services in medically underserved area

Sovereign Pipe (2022)

Shawnee, OK

Indian Country, Manufacturing
CDEs: Heartland Renaissance Fund, Wells Fargo

The NMTC investment will be used by Sovereign Pipe to purchase a portion of the new equipment that will be used in the manufacturing of HDPE pipe

Bay Area Tech High School (2023)

Oakland, CA

Schools
CDEs: Local Initiatives Support Corporation, Raza Development Fund, Wells Fargo

NMTC funding was used for the purchase and redevelopment of a 22,000 sq. ft. abandon historic theater. The space will be occupied by Bay Tech STEM, an established charter school.

Orange EV (2023)

Kansas City, KS

Manufacturing
CDEs: Central Bank of Kansas City, Central States Development Partners, Wells Fargo

The New Markets Tax Credit (NMTC) program is driving significant growth in underserved communities, fostering economic development and creating jobs where they are needed most. Central States Development Partners, Inc.

San Carlos Apache Healthcare Clinic (2023)

Peridot, AZ

FQHCs, Indian Country
CDEs: CCG Community Partners, Clearinghouse CDFI, Dakotas America, Ecotrust, Pacesetter CDE, Wells Fargo

NMTC funding was used to construct a 45,000 sq. ft. hospital annex and a 34,000 sq. ft. medical clinic that will provide primary care medical services and specialty care services

Roberta Glinton Medical Office Building (2007)

Port Jervis, NY

Healthcare
CDEs: Wells Fargo

Albert Glinton, husband of the late Roberta “Bobbie” Glinton, was one of several family members and public officials in attendance at the 2011 dedication ceremony of the Roberta Glinton Medical

Ariens Company (2023)

Fayetteville, TN

Manufacturing
CDEs: 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

Center for Business & Industry | Chemeketa Commmunity College (2009)

Salem, OR

College or Vocational Training, Higher Education
CDEs: Wells Fargo

The tools and training programs of the Chemeketa Center for Business & Industry help create success in employees, managers and organizations. The services of CCBI range from online classes to

New Manchester Flats (2008)

Richmond, VA

Affordable Housing, Community, Healthcare, Historic Rehabilitation, Housing, Mixed-use, Mixed-use and Commercial, PACE
CDEs: Florida Community Loan Fund, Wells Fargo

PACE, opened in January 2009, enables frail seniors to maintain as much independence as possible and to stay in their own homes by providing all levels of medical, social, personal

Spartanburg Community College Downtown Campus (2012)

Spartanburg, SC

College or Vocational Training, Community, Higher Education, Historic Rehabilitation
CDEs: Grow America, Wells Fargo

Spartanburg Community College renovated a vacant historic building, originally a local high school, into a new Downtown Campus.

Bedford-Union Courts Armory (2019)

Brooklyn, NY

Affordable Housing, Community, Food Bank or Pantry, FQHCs, Healthcare, Homeless Services, Housing, Incubator, Mixed-use, Nonprofit Hub, Shelters and Community Food
CDEs: Citibank, National Community Investment Fund, NYCR-CDE, Wells Fargo

The redevelopment of the historic Bedford-Union Armory located in the Crown Heights community in Brooklyn.

Robert Wood Johnson Fitness and Wellness Center (2011)

New Brunswick, NJ

Community, Grocery and Fresh Food, HFFI, Housing, Infrastructure, Mixed-use, Recreation, Retail, Retail and Commercial, Transit Oriented Development, Transportation and Ports, YMCAs and YWCAs
CDEs: CCG Community Partners, Wells Fargo, WNC National Community Development Advisors

Transformation of an underutilized downtown New Brunswick site into a major transit-oriented, mixed-use facility focused on community health.

Second Harvest Food Bank of Central Florida (2012)

Orlando, FL

Community, Daycare and Early Childhood, Food Bank or Pantry, HFFI, Homeless Services, Shelters and Community Food, Youth and Families, Youth Program
CDEs: CCG Community Partners, Urban America, Wells Fargo

Second Harvest Food Bank of Central was able to secure a new, 100,000 sq. ft. food bank and distribution center serving central Florida communities thanks to the NMTC.

Rehab of Roebling Mansion (2005)

Trenton, NJ

Community, Daycare and Early Childhood, Historic Rehabilitation, Mixed-use, Youth and Families
CDEs: Wells Fargo

NMTCS were also a significant source of funding in the restoration of the Ferdinand W. Roebling mansion.

Grocery Outlet Bargain Market (2011)

Turklock, CA

Grocery and Fresh Food, HFFI, Retail, Retail and Commercial
CDEs: Wells Fargo

Financing for a discount grocery store in an area lacking many affordable food options.

Union Rescue Mission (2020)

Los Angeles, CA

Community, Community Kitchen, Daycare and Early Childhood, Dental Services, Food Bank or Pantry, Healthcare, HFFI, Homeless Services, Housing, Mixed-use, Nonprofit Hub, Shelters and Community Food, Youth and Families
CDEs: Genesis LA CDE, Los Angeles Development Fund, Wells Fargo

With homelessness in Los Angeles continuing to rise at alarming rates, community development financial institution Genesis LA partnered with service provider Union Rescue Mission to construct a new 74,866 square

Pascua Yaqui Tribe Head Start (2011)

Tucson, AZ

Community, Daycare and Early Childhood, Head Start, Indian Country, Targeted Populations, Youth and Families
CDEs: Wells Fargo

Travois New Markets recently helped the Pascua Yaqui Tribe secure NMTC financing for its new $8.7M education center that broke ground in December 2011.

Clark County Family YMCA (2012)

Vancouver, WA

Community, Daycare and Early Childhood, Recreation, YMCAs and YWCAs, Youth and Families
CDEs: National Community Investment Fund, Wells Fargo

At the time this project was financed, Vancouver was home to the only YMCA facility in the state of Washington, and its impressive outreach efforts currently touched over 14,000 people

Kalispel Tribe Wastewater Treatment and Buffalo Preserve (2014)

Usk, WA

Community, Daycare and Early Childhood, Environment, Indian Country, Manufacturing, Targeted Populations, Waste Management, Water Management, Youth and Families
CDEs: Ecotrust, Wells Fargo

A new facility providing immediate cost savings and prevents emergency overflows and environmental contamination.

Butterfly Wonderland (2013)

Scottsdale, AZ

Arts, Community, Daycare and Early Childhood, Indian Country, Recreation, Retail, Theaters and Performing Arts Spaces, Youth and Families
CDEs: Dudley Ventures, Wells Fargo

Butterfly Wonderland is a butterfly habitat and educational attraction facility located on the Salt River Pima-Maricopa Indian Community.

Youth and Family Services of South Dakota (2018)

Rapid City, SD

Community, Daycare and Early Childhood, Healthcare, Youth and Families
CDEs: National Community Investment Fund, Partners for the Common Good, Wells Fargo

A new facility allowing YFS to serve an additional 2,000 children each year.

Port of Hueneme (2013)

Port Hueneme, CA

Community, Environment, Food Bank or Pantry, HFFI, Homeless Services, Infrastructure, Manufacturing, Shelters and Community Food, Transportation and Ports
CDEs: Clearinghouse CDFI, Wells Fargo

The modernization of the Port of Hueneme retained $7 billion in trade business and 500 livable wage jobs.

Educare Arizona (2011)

Phoenix, AZ

Community, Daycare and Early Childhood, Educare, Youth and Families
CDEs: Local Initiatives Support Corporation, Wells Fargo

Early education center with an on-site health clinic and family support training center.

Petersburg Library (2013)

Petersburg, VA

Community, Daycare and Early Childhood, Infrastructure, Library, Municipal Facilities, Youth and Families
CDEs: Local Initiatives Support Corporation, Wells Fargo

A new 42,160 sq. ft. library in Petersburg, VA.

The Kailapa Community Resources Center (2017)

Pepeekeo, HI

Community, Daycare and Early Childhood, Mixed-use, Nonprofit Hub, Rural, Youth and Families
CDEs: Wells Fargo

NMTC financing made the planning, design, and construction of the Kailapa Community Resource Center possible.

Viracon Glass (2016)

Owatonna, MN

Business Development, Hotels and Tourism, Manufacturing, Rural
CDEs: CEI Capital Management, Wells Fargo

When it comes to architectural design, glass is big, and it’s only getting bigger.

Rail and Commerce (2016)

Omaha, NE

Business Development, Community, Historic Tax Credit, Incubator, Manufacturing
CDEs: National Trust Community Investment Corporation, Urban Action Community Development, Wells Fargo

The substantial rehabilitation of a former United States Postal Service mail sorting facility into commercial office and creative co-working space supporting local startups and growing businesses.

Museum for African Art (2009)

New York, NY

Arts, Community, Museums, Restaurants and Catering, Retail and Commercial
CDEs: United Fund Advisors, Wells Fargo

African art museum finds a permanent location on “Museum Mile” of New York City.

Essex Crossing (2015)

New York, NY

Affordable Housing, Community, Community Center, Creative Farming, Mixed-use, Retail, Timber and Agriculture
CDEs: Enterprise Community Partners, Low Income Investment Fund, Wells Fargo

Essex Crossing includes 1,000 residential for-sale and rental units, a 15,000 sq. ft. public park, a 10,000 sq. ft. rooftop urban farm and 1.9 million sq. ft. of residential, commercial,

McAllen VA Outpatient Clinic (2013)

Mcallen, TX

Behavioral Health, Community, FQHCs, Healthcare, Veterans Services
CDEs: Wells Fargo

NMTC financing supported the construction of a new primary care service center for veterans in the McAllen area.

Spruce Street Community Center (2015)

Lawrence, NJ

Arts, Boys and Girls Clubs, Community, Community Center, Daycare and Early Childhood, Recreation, Youth and Families, Youth Program
CDEs: New Jersey Community Loan Fund, Wells Fargo

NMTC financing supported the creation of the Spruce Street Community Center, a 35,000 sq. ft. multi-purpose facility open to any youth in greater Mercer County.

West Hawaii Community Health Center (2013)

Kailua Kona, HI

Behavioral Health, Community, Dental Services, Food Bank or Pantry, FQHCs, Healthcare, Homeless Services, Indian Country, Rural, Shelters and Community Food
CDEs: Chickasaw Nation CDE, Nonprofit Finance Fund, Punawai 'O Pu'uhonua, USBCDE, Wells Fargo

A new Federally Qualified Health Cente now provides integrated medical, dental and behavioral health services to primarily low-income individuals and families in three clinic locations on the big island, with

Chaucer Foods Hood River (2012)

Hood River, OR

Environment, Food Manufacturing, Manufacturing, Rural
CDEs: TruFund, Wells Fargo

Financing to open a new freeze-dried food processing facility in Hood River.

Crosby Group Lebus Manufacturing (2017)

Gregg, TX

Business Development, Manufacturing
CDEs: Enhanced Capital, River Gorge Capital, Texas Mezzanine Fund, TruFund, Wells Fargo

Forgings Manufacturing facility.

McBee Station (2008)

Greenville, SC

Grocery and Fresh Food, Housing, Mixed-use, Retail, Retail and Commercial
CDEs: Wells Fargo

An infill mixed-use development includes 197 apartments, 22 condominiums, a one-acre bank site, 500 parking spaces in a two-level garage, 165 surface parking spaces and 79,716 square feet of retail

CDE: Wells Fargo

Recent Allocation Awards:

Project Profiles and Stories