Bruce Westerman (R-AR04)

Tax Staffer: Miles Bolin, miles.bolin@mail.house.gov.

District Highlights

37 projects
270,137,597 in NMTC allocation
572,428,756 total project financing
2,576 FTE jobs created or retained
1,114 construction jobs created
17 manufacturing businesses

37

projects

$270,137,597

NMTC Allocation

$572,428,756

in total project financing

2,576

FTE jobs

1,114

construction jobs

17

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

Scenic Hill Solar

Clarksville,
AR
(2018)

Community, Energy, Rural, Solar

CDE(s): Midwest Renewable Capital

Financing to construct an additional 2 megawatts in solar capacity, expanding an existing construction project from 5 MW to 7 MW.

Scenic Hill Solar

Paris,
AR
(2024)

Manufacturing and Industrial

CDE(s): Arkansas Capital Corporation

A major investment project is driving industrial growth and employment in Paris, AR

Caddo River Forest Products

Glenwood,
AR
(2017)

Business Development, Manufacturing, Timber and Agriculture

CDE(s): Advantage Capital

Caddo River Forest Products invested up to $50 million to reopen its sawmill in Glenwood, Arkansas. The company created 136 new jobs.

University of the Ozarks Thomas and Frances Wilson Science Center

Clarksville,
AR
(2021)

CDE(s): Heartland Renaissance Fund, Southern Bancorp

Finances the renovation and expansion of the Science Center at University of Ozarks

Oasis Trading

Warren,
AR
(2020)

Business Development, Manufacturing, Rural

CDE(s): Advantage Capital

Oasis Trading is a small lumber manufacturer. The project provided the Company with funds for inventory purchases, working capital, and debt consolidation to provide better cash flow for the company.

LB Amfuel

Magnolia,
AR
(2020)

Business Development, Manufacturing, Rural

CDE(s): Advantage Capital

Working capital to allow a company to expand and grow.

Highland Pellets

Pine Bluff,
AR
(2017)

Adult Education, College or Vocational Training, Community, Energy, Manufacturing

CDE(s): Capital One, Heartland Renaissance Fund, River Gorge Capital

Construction of a biomass pellet facility. 30% of workforce to be filled by prisoner return to work employees through second chance program.

Husqvarna Forestry Products

Nashville,
AR
(2017)

Business Development, Manufacturing, Rural

CDE(s): Capital One, Dudley Ventures, Heartland Renaissance Fund, MuniStrategies

Construction a 350,000 square foot warehouse, as well as purchase equipment needed in connection with the expansion, creating 54 new jobs.

Arkansas Math and Science School

Hot Springs,
AR
(2010)

Community, Schools

CDE(s): Heartland Renaissance Fund

New residential facilities have been constructed for the Arkansas School for Mathematics, Sciences and the Arts in Hot Springs.

Projects Nearby the District

Little Rock, AR (2021)

Arkansas Arts Center

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Little Rock, AR (2011)

Arkansas Baptist College

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Little Rock, AR (2022)

Our House

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Little Rock, AR (2022)

UAMS Child Development Center

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Little Rock, AR (2019)

First Orion

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Dumas, AR (2006)

Delta Memorial Hospital

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Projects Nearby the District

Little Rock, AR (2021)

Arkansas Arts Center

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Little Rock, AR (2011)

Arkansas Baptist College

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Little Rock, AR (2022)

Our House

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Little Rock, AR (2022)

UAMS Child Development Center

View Details

Little Rock, AR (2019)

First Orion

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Dumas, AR (2006)

Delta Memorial Hospital

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