Louisiana Stories and Impact

State Fact Sheet

Note: the jobs totals in this fact sheet are through 2015 and they include a combination of direct, indirect, and induced FTE jobs and construction jobs. The “total investment” number refers to the total project investment (not NMTC allocation) in the state through the second quarter of 2020.

There are many reasons why the NMTC program is compelling. While Opportunity Zones are exciting, they are not tied to real impacts. The current NMTC program has decades of data and experience that proves its economic success in communities and uplifting people out of poverty. This is a bi-partisan tool that can help any small rural community or impoverished area in the inner city, create high-quality jobs, and improve communities. Check out these videos to learn more! [arve url=”https://www.youtube.com/channel/UCou3L5dVid-EAoQszAHR3Fg” /]

-Elizabeth Shephard, CEO, LifeCity, New Orleans, LA Tweet This

Community Testimonials​

Louisiana NMTC Videos

Louisiana NMTC Stories

2021
The project involves the construction of a 41,260 square foot, state-of-the-art clinic facility in Morehouse Parish that will consolidate three stand-alone sites (a pediatric…
2012

Zachary, LA 

The Americana YMCA project was the construction of a 26,000 square foot community facility, with expansion capability of another 18,000 square feet, by the…
2018

Vidalia, LA 

Financing for Vidalia Mills, a startup denim manufacturer producing high-quality fabrics using sustainable and eco-friendly processes….
2008

Port Barre, LA 

Louisiana is a national leader in the forestry industry, employing more than 17,000 people in wood manufacturing. Hurricane Katrina had severe repercussions; a financial…
2005

New Orleans, LA 

Convesion of the abandoned American Bank Building into a hotel…
2009

New Orleans, LA 

Rehabilitation of a vacant 21,000 sq. ft. building into a new full-service grocery store….
2013

New Orleans, LA 

As part of an overall neighborhood vision for the Broad Street Commercial Corridor in New Orleans, the ReFresh Project is helping to drive revitalization….
2015

New Orleans, LA 

Rehabilitation of a building originally built for the Colored Knights of Pythias into mixed-income residential units, public food market, community nonprofit office space, and…
2020

New Orleans, LA 

Civil rights trailblazer secures timely financing and breathes new life into history-making school….
2011
St. Thomas Community Health Center, New Orleans, LA completed financing in March, 2011 to purchase and renovate a 10,000 sq. ft. historic building….
2017

New Orleans, LA 

Abandoned automotive facility transformed into health center, empowering people to overcome addiction….
2007

New Orleans, LA 

Prior to Hurricane Katrina, Ochsner Baptist Medical Center (formerly Memorial Medical) treated more uninsured patients than any other private hospital in the region. NNMF’s…
2012
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…
2017
The transformation of a failed arts center in New Orleans’ Warehouse District into a world-class culinary institute….
2007

New Orleans, LA 

The World War II museum has hosted more than 1.7 million visitors since 2000. Approximately 50% of visitors indicated that the museum was one…
2009

New Orleans, LA 

Buildling of green affordable residential housing to replace devastated homes from Hurricane Katrina, for nonprofit provider of green housing research….
2015

New Orleans, LA 

Kingsley House, a United Way Community Impact Partner and nationally renowned as the oldest Settlement House in the South, has served more than half…
2008

New Orleans, LA 

ACT Aerospace is a manufacturer specializing in composite design, analysis and production for the military and commercial aerospace industries….
2003

New Orleans, LA 

The Advantage Capital Community Development Fund was created to increase the investment capital available to entrepreneurs in Low-Income Communities throughout the nation, particularly those…
2010
The DCSNO Carrollton project is an expansion of an existing community healthcare center….
2011

New Orleans, LA 

The development of a 17,801 sq. ft. commercial space in a four-story building that houses the New Orleans Redevelopment Authority….
2017

New Orleans, LA 

KIPP Booker T. Washington High School is the second high school in the KIPP New Orleans network of college-prep charter schools. The school has…
2014

Natchitoches, LA 

Financing for a manufacturer and wholesaler of medical testing equipment…
2010

Napoleonville, LA 

$2 million NMTC investment enabled the company’s owner to realize manufacturing and exporting vision. An additional $3.16 million private capital invested in the company….
2018

Marrero, LA 

A roughly 40,000 sq. ft. full service grocery store which provides access to healthy fresh food in a highly distressed food desert….
2013

Lacassine, LA 

Financing for a manufacturer of carded and combed open-end and core spun greige yarns for knitting and weaving applications….
2018

Ferriday, LA 

Riverland Medical Center serves rural Concordia Parish in eastern central Louisiana, about 180 miles north of New Orleans along the Mississippi River….
2014

Coushatta, LA 

Financing for a sawmill in Coushatta, Louisiana….
2012

Chalmette, LA 

n September 2012, St. Bernard Parish Hospital opened to provide quality and cost-effective healthcare services for the residents of St. Bernard Parish….
2009

Belle Chasse, LA 

New YMCA in an areas severely damaged by Hurricane Katrina….