Valley National Bank Archives

Bongards, Perham (MN) (2024)

Perham, MN

Business Development, Manufacturing
CDEs: 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.

North Florida Community Hospital – Chipley (2023)

Chipley, FL

Healthcare
CDEs: Community Hospitality Healthcare Services

ATMORE, Ala., May 18, 2023 /PRNewswire/ — UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today that it has closed a $9 million New Markets

Lent Hill Ag-Grid (2022)

Cohocton, NY

Biofuels
CDEs: Dudley Ventures

Lent Hill (LH) is the development and operation of a 2MW facility powered by local farmer’s food waste and silage. LH will process 43K gallons of local food waste per

HFCC Support / Towne Twin Village (2022)

San Antonio, TX

Healthcare, Nonprofit Hub, Shelters and Community Food
CDEs: Accion Opportunity Fund, Capital Impact Partners, Dudley Ventures

This project serves the most vulnerable homeless people through a wide array of social, medical, and mental assistance. It will also provide 59 “Tiny Homes”, which will be permanent housing.

Rich Products (2024) (2024)

Brownsville, TX

Business Development, Food Manufacturing, Manufacturing
CDEs: Dudley Ventures, National New Markets Fund

$117 million expansion project will add production capacity for branded appetizer business and bring more than 130 jobs to the community.

DC Safe (2023)

Washington, DC

Community, Shelters and Community Food, Youth and Families
CDEs: DC Housing Enterprises

A new facility helps survivors of domestic violence.

Monogram Foods (2023)

Martinsville, VA

Manufacturing
CDEs: 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

Helena Food Share (2023)

Helena, MT

Shelters and Community Food
CDEs: Mofi

The project involves the new construction of a 19,336 sq. ft. community food resource center on 1.3 acres in Helena, Montana. The project will allow Helena Food Share, Inc. (HFS)

Vantage Plastics (2023)

Bay City, MI

Manufacturing
CDEs: Michigan Community Capital

Vantage Plastics (“Vantage”) is a family owned and operated custom thermoforming company that designs, tools, samples, and produces plastic products including plastic pallets, packaging, automotive parts, and medical devices. Since

Neighborhood Health Center (2023)

Fort Wayne, IN

FQHCs
CDEs: CCG Community Partners, Dudley Ventures, Fort Wayne New Markets Revitalization Fund, TruFund

Founded in 1969, Neighborhood Health Clinics (“NHC”) is a federally qualified health center that provides comprehensive medical, dental, optometry, and integrated behavioral health services to the people of Fort Wayne,

Grand Concorse Fordam (2023)

Bronx, NY

Mixed-use
CDEs: Actaris Impact CDE, Hampton Roads Ventures, The Community Builders, TruFund

The Grand Concourse project (minority-owned real estate development firm) will bring a Fine Fare grocery store in the Bronx, NY. The ERF allocation will help fund the purchase and rehabilitation

RecycleForce (2021)

Indianapolis, IN

Returning Citizens, Vocational Training, Waste Management
CDEs: Indianapolis Redevelopment CDE

RecycleForce, an Indianapolis social enterprise that provides workforce development training to citizens returning from incarceration, recently began a construction project to build a new headquarters and electronics recycling facility.

Momemi & Sons (2022)

Adairsville, GA

Business Development, Manufacturing, Rural
CDEs: Dudley Ventures, Rural Development Partners

NMTC financing supports anchor for catalytic regional development.

Yokohama Tire Manufacturing (2014)

West Point, MS

Auto Manufacturing, Business Development, Manufacturing, Rural
CDEs: Community Impact Fund, Dudley Ventures, Midwest Renewable Capital

The acquisition of machinery and equipment to be used in the nearly 1,000,0000 square foot tire manufacturing facility, which is located in rural West Point, MS.

The German Club (2019)

Tampa, FL

Business Development, LGBTQ, Office, Targeted Populations
CDEs: Black Business Investment Fund

The German Club is the rehabilitation of the shuttered, historically significant 16,000 sq. ft. German American Club building, and the construction of an adjacent 15,000 sq.

Italpollina Anderson (2019)

Anderson, IN

Business Development, Manufacturing, Plastics and Chemicals
CDEs: Dudley Ventures

Italpollina U.S.A Inc., a developer of organic biostimulant fertilizers constructed and equiped a 15,000 sq. ft. research and development facility on a seven-acre site across from its existing operations in

Provident Public Health Center (2020)

Philadelphia, PA

Adult Education, Behavioral Health, Children's Hospital, College or Vocational Training, Community, Daycare and Early Childhood, Dental Services, FQHCs, Healthcare, Historic Rehabilitation, Youth and Families
CDEs: Dudley Ventures, National Trust Community Investment Corporation

Provident Public Health Center is the renovation of the historically significant Provident Mutual Life Insurance Building which has been vacant for over 20 years, into a medical campus in a

Renaissance Village (2019)

Welch, WV

Affordable Housing, Community, FQHCs, Healthcare, HFFI, Housing, Mixed-use, Rural
CDEs: Building America CDE

NMTC brings first new commercial or residential development in the community in 50 years to Welch, WV.

Rural King (2020)

Waverly, OH

Business Development, Manufacturing, Retail, Rural
CDEs: Dudley Ventures, Finance Fund

Rural King used the NMTC to acquire an 800,000 sq. ft. building that was renovated to allow for expanded operations in Waverly, Ohio.

New Orleans Military and Maritime Academy (2012)

New Orleans, LA

Community, Historic Rehabilitation, Schools, YMCAs and YWCAs
CDEs: Dudley Ventures, SECDE VENTURES

New Orleans Military and Maritime Academy is a permanent home for this not-for-profit, college preparatory, charter school (with an inclusive Marine Corps JROTC program) serving primarily at risk youth.

Waters Place (2011)

Culpepper, VA

Community, Incubator, Mixed-use, Retail, Workforce Housing
CDEs: Hampton Roads Ventures

Revitalization of a commercial center in a distressed community of 16,000 by renovating the buildings into Water Place, a mixed-use development with retail and office space, community-oriented commercial space, and

Boys & Girls Club of Augusta (2019)

Augusta, GA

Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Youth and Families
CDEs: Carver State Bank, Dudley Ventures

The renovation and expansion of the Boys and Girls Club Hagler Facility and the construction, equipment and furniture purchase, and operation of the new South Augusta Facility in Augusta, Georgia.

Investor: Valley National Bank