Chuck Fleischmann (R-TN03)

Tax Staffer: Ian Merritt, ian.merritt@mail.house.gov.

District Highlights

12 projects
123,731,170 in NMTC allocation
241,461,536 total project financing
909 FTE jobs created or retained
422 construction jobs created
3 manufacturing businesses

12

projects

$123,731,170

NMTC Allocation

$241,461,536

in total project financing

909

FTE jobs

422

construction jobs

3

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

Lions Volunteer Blind Industries

Morristown,
TN
(2023)

Nonprofit Hub

CDE(s): Pathway Lending, Petros Community Impact Fund

Lions’ mission is to assist visually impaired individuals in achieving personal and economic “independence through employment.” Its program hinges around therapeutic value of work. Its state-of-the- art manufacturing facilities provide

Southern Champion Tray

Chattanooga,
TN
(2021)

Food Manufacturing, Manufacturing, Plastics and Chemicals

CDE(s): AMCREF Community Capital, MuniStrategies, National New Markets Fund, Southern Community Capital, Truist

In December 2021, AMCREF Community Capital provided $9 million of NMTC financing to Southern Champion Tray, a 94-year-old sustainable paperboard packaging converter specializing primarily in food packaging for the grocery,

The Tomorrow Building

Chattanooga,
TN
(2017)

Historic Rehabilitation, Incubator, Mixed-use, Retail

CDE(s): River Gorge Capital

The Tomorrow Building is a four-story, 40,000 sq. ft. building in downtown Chattanooga, Tennessee that was originally built as a hotel in 1888.

Smart Furniture

Chattanooga,
TN
(2006)

Business Development, Manufacturing

CDE(s): Southern Appalachian Fund

Smart Furniture, Inc. is a Chattanooga, Tennessee based furniture company that sells customizable home and office furniture through its Design on Demand platform via www.SmartFurniture.com.