Project Database

Congressional Districts

State Stories & Data

Annual Progress Report

Valerie Foushee (D-NC04)

Tax Staffer: Arturo Reyes, arturo.reyes@mail.house.gov (Updated: 04/11/2023)

District Highlights (Through 2022)

34

projects

$366,528,940

NMTC Allocation

$764,898,315

in total project financing

6,693

FTE jobs

8,264

construction jobs

5

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

2007

Durham, NC | 4th District

Hill Building Rehab

National Trust Community Investment Corporation Urban America

NMTC financing to rehab the Morgens Brothers building, constructed in 1910….

2008

Hillsborough, NC | 4th District

Weaver Street Market’s Food House

Capital Impact Partners

A NMTC transaction supported the purchase and development of a third healthy food retail site, and to develop warehouse…

2017

Durham, NC | 4th District

Student U-Pearson Center

Northern Trust Truist

NMTC financing supported the Student U-Pearson Center…

2016

Durham, NC | 4th District

KIPP Durham

National Trust Community Investment Corporation

The $13.8 million redevelopment of Durham’s Historic Holloway Street School…

2003

Durham, NC | 4th District

Golden Belt Complex

National Trust Community Investment Corporation

The $12 million in total NMTC financing enabled Scientific Properties, LLC to rehabilitate a deteriorating factory; generate 140 construction…

2013

Durham, NC | 4th District

Carmichael Building

CAHEC Telesis CDE Corporation Urban Research Park CDE USBCDE

A former Liggett and Myers tobacco warehouse in Durham, NC, the Carmichael Building, is now home to lab, research,…

State Fact Sheet