Mike Rogers (R-AL03)

Tax Staffer: Will Stiers, will.stiers@mail.house.gov.

District Highlights (Through 2023)

17 projects
196,178,550 in NMTC allocation
376,644,224 total project financing
1,299 FTE jobs created or retained
905 construction jobs created
10 manufacturing businesses

17

projects

$196,178,550

NMTC Allocation

$376,644,224

in total project financing

1,299

FTE jobs

905

construction jobs

10

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

Dadeville Pole Company

Dadeville,
AL
(2022)

Manufacturing

CDE(s): PB Community Impact Fund

UB Community Development, LLC (UBCD), a community development partner of United Bank, provided $7.5 million in New Markets Tax Credit funds for Dadeville Pole Company, LLC (DPC) to construct a

Grooms Aluminum

Ashville,
AL
(2020)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Advantage Capital

The project was for the purchase of a large piece of equipment and the construction of real estate needed to house the new equiment.

Talladega College Student Center

Talladega,
AL
(2018)

Adult Education, College or Vocational Training, Community, Grocery and Fresh Food, Healthcare, HFFI, Higher Education, Retail, Retail and Commercial, Rural, Vocational Training

CDE(s): Southern Community Capital, United Bank of Alabama, United Fund Advisors

NMTCs Put Major Construction at Iconic Alabama College over the Top

Nemak

Sylacauga,
AL
(2017)

Auto Manufacturing, Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): AMCREF, Chase, MuniStrategies, Rural Development Partners

Installation of new equipment, tooling, production lines and manufacturing process and expansion of internal reconfiguration to converting facility from outdated technology to utilizing more efficient technology.