Steve Womack (R-AR03)

Tax Staffer: Grace VanDeGrift, grace.vandegrift@mail.house.gov.

District Highlights

15 projects
119,376,999 in NMTC allocation
190,388,049 total project financing
861 FTE jobs created or retained
871 construction jobs created
9 manufacturing businesses

15

projects

$119,376,999

NMTC Allocation

$190,388,049

in total project financing

861

FTE jobs

871

construction jobs

9

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

American Tubing Arkansas

Springdale,
AR
(2016)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): National New Markets Fund

New building/equipment for an existing manufacturer of air conditioning components.

VinTech Nano Materials

Business Development, Manufacturing, Tech Manufacturing

CDE(s): Advantage Capital

Vintech Nano Materials produces lubricants, coatings, and cutting tools using proprietary nanoscale additives that increase production rates and part quality while reducing setup times and costs. The company received NMTC

Open Avenues

Rogers,
AR
(2011)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Youth and Families

CDE(s): Heartland Renaissance Fund

Open Avenues, a 501(c) that fosters independent living and work skills for disabled adults, used a $6.5 million New Market Tax Credit allocation to support financing of their new headquarters