Rick Crawford (R-AR01)

Tax Staffer: James Hodges, james.hodges2@mail.house.gov.

District Highlights

26 projects
184,583,026 in NMTC allocation
480,271,720 total project financing
1,340 FTE jobs created or retained
1,356 construction jobs created
9 manufacturing businesses

26

projects

$184,583,026

NMTC Allocation

$480,271,720

in total project financing

1,340

FTE jobs

1,356

construction jobs

9

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

Walnut Ridge Nursing & Rehab

Walnut Ridge,
AR
(2021)

Healthcare

CDE(s): Legacy Economic Growth Fund, Southern Bancorp Bank

LEGF’s NMTC allocation financed the redevelopment of a 58,975 square foot skilled nursing and elder care facility located in a severely distressed, non-metropolitan census tract in Walnut Ridge, AR. The

Delta Peanut

Jonesboro,
AR
(2020)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Heartland Renaissance Fund, Truist

Construction and equipment purchases at peanut shelling plant and buying point warehouse in Jonesboro, AR.

Sierra Group

Blytheville,
AR
(2022)

Business Development, Loan Fund

CDE(s): Heartland Renaissance Fund

Redeployment of small dollar loan fund payments to a roofing company to purchase new equipment.

TMS International

Osceola,
AR
(2017)

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

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

Financing working capital needs related to equipping development and operations facility for handling and processing slag and scrap metal and performing other services to suppor the operations of steel facility.

Mid River Terminal

Osceola,
AR
(2015)

Business Development, Manufacturing, Rural, Transportation and Ports, Warehouse and Wholesale

CDE(s): Chase, Enhanced Capital, Rural Development Partners

NMTCS are helping to revive a rural community in Northeastern Arkansas, providing the necessary capital for a highly distressed river town to turn the corner.

Excel Boats

Mountain View,
AR
(2015)

Auto Manufacturing, Business Development, Manufacturing, Rural

CDE(s): Advantage Capital

Financing for Excel Boats, one of the country's premier aluminum boat manufacturers that caters to outdoor enthusiasts.

Delta Memorial Hospital

Dumas,
AR
(2006)

Community, Healthcare, Hospitals and Emergency Services, Rural, Tornadoes

CDE(s): Hope Enterprise

NMTC financing to repair Delta Memorial Hospital, based in Dumas, AR, providing quality health care services to residents living in rural communities, throughout the Arkansas Delta.

Projects Nearby the District

Greenville, MS (2020)

NuFarm