Co-ops

Wholestone Farms

Fremont,
NE
(2022)

Co-ops, Food Manufacturing, Manufacturing

CDE(s): Dudley Ventures, Greenline Ventures, Stonehenge Community Development

NMTC financing for Wholestone Farms, a Pork Processing plant in Fremont, NE.

Foodirect Inc.

Bronx,
NY
(2012)

Co-ops, Food Bank or Pantry, Warehouse and Wholesale

CDE(s): CRFUSA

NMTC financing for a food distribution facility, Foodirect Inc., a full-service food distributor that has been family-owned and operated since 1944. The company stocks over 5,000 unique food products and

North Flint Food Market

Flint,
MI
(2021)

Co-ops, Grocery and Fresh Food

CDE(s): Michigan Community Capital

The project involves the renovation of an existing 21,225 sq. ft., single-story, vacant building on the north side of the city of Flint into the North Flint Food Market, a

American Peanut Growers Group, LLC

Donalsonville,
GA
(2021)

Co-ops, Timber and Agriculture

CDE(s): Carver State Bank, Midwest Renewable Capital, National New Markets Fund, United Bank of Alabama, United Fund Advisors

Formed in 2003, American Peanut Growers Group LLC is a farmer-owned cooperative shelling plant that returns the profit over the farmer stock price directly back to the growers through distributions,

East End Community House

Pittsburgh,
PA
(2012)

Co-ops, Homeless Services, Shelters and Community Food

CDE(s): Pittsburgh Urban Initiatives

East End Cooperative Ministry (EECM) is a 501-C-3 corporation providing a wide range of social services addressing the pressing needs of residents in Pittsburgh’s East End.

Delta Peanut

Kennett,
MO
(2021)

Business Development, Co-ops, Food Manufacturing, Manufacturing, Rural

CDE(s): Community Development Venture Capital Alliance, Hampton Roads Ventures, Heartland Renaissance Fund

The construction of a peanut processing plant that allows Delta Peanut, a cooperative of 73 family-owned peanut farms, to process and directly sell its peanuts, rather than outsourcing this activity

Weaver Street Market’s Food House

Hillsborough,
NC
(2008)

Co-ops, Environment, Grocery and Fresh Food, HFFI, Retail, Retail and Commercial

CDE(s): Capital Impact Partners

A NMTC transaction supported the purchase and development of a third healthy food retail site, and to develop warehouse capacity that allowed the market to provide healthy, freshly-prepared foods to

Gem City

Dayton,
OH
(2020)

Co-ops, Community, FQHCs, Grocery and Fresh Food, Healthcare, HFFI, Mixed-use, Nonprofit Hub, Retail, Retail and Commercial

CDE(s): Dayton Region New Markets Fund, PNC

New construction of a 15,000 sq. ft. community-centered co-op grocery store in a food desert in Dayton, Ohio.

410 Broadway

Mount Pleasant,
MI
(2020)

Co-ops, Grocery and Fresh Food, Indian Country, Mixed-use, Retail, Retail and Commercial, Workforce Housing

CDE(s): Cinnaire New Markets, PNC

Construction of a four-story, co-op grocery anchored, mixed-use development consisting of 11,000 sq. ft. commercial space and 48 residential rental units in rural Mount Pleasant, MI.

Delta Peanut

Jonesboro,
AR
(2020)

Business Development, Co-ops, Food Manufacturing, Manufacturing

CDE(s): Heartland Renaissance Fund, Truist

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

East Side Food Co-Op

Minneapolis,
MN
(2015)

Co-ops, Grocery and Fresh Food, HFFI, Retail, Retail and Commercial

CDE(s): Self-Help

The NMTC helped a food co-op expand and provide greater access to healthy food in a USDA food desert.

Green City Growers

Cleveland,
OH
(2011)

Brownfield Remediation, Business Development, Co-ops, Creative Farming, Environment, Food Manufacturing, Manufacturing, Retail, Timber and Agriculture, Warehouse and Wholesale

CDE(s): Grow America, PNC

Construction of a greenhouse and distribution facility for a co-op

South Dakota Wheat Growers Co-op

Cresbard,
SD
(2007)

Business Development, Co-ops, Grocery and Fresh Food, HFFI, Manufacturing, Retail, Retail and Commercial, Rural, Timber and Agriculture, Warehouse and Wholesale

CDE(s): Rural Development Partners

Rural Development Partners NMTC alocation to provide a $14.25 million loan to fill a financial gap and make the Cresbard project the first large-scale project the community has seen in

Astoria Co-Op

Astoria,
OR
(2018)

Co-ops, Grocery and Fresh Food, HFFI, Retail, Retail and Commercial, Rural

CDE(s): Local Initiatives Support Corporation

Provided $3,000,000 construction loan to build shell for a co-op grocery store in Astoria, Oregon.

Lancaster Energy Partners

Thomaston,
GA
(2013)

Biofuels, Business Development, Co-ops, Community, Energy, Environment, Manufacturing, Rural

CDE(s): Dudley Ventures

The acquisition and retrofitting of a former coal fired power plant which had closed 10 years ago.

River Valley Co-op

Northampton,
MA
(2020)

Co-ops, Community, Food Bank or Pantry, Grocery and Fresh Food, HFFI, Retail, Retail and Commercial, Shelters and Community Food

CDE(s): Capital One, Evernorth Rural Ventures, MHIC, National Community Investment Fund

NMTC financing totalling $7.24 million supported the ground up construction of a 23,000 sq. ft. cooperative grocery store known as River Valley Co-op in Easthampton, MA, a USDA designated Food

Littleton Consumer Cooperative Society, Inc.

Littleton,
NH
(2016)

Co-ops, Grocery and Fresh Food, HFFI, Retail, Retail and Commercial, Rural

CDE(s): Mascoma Community Development

The 6,000-sq. ft. addition allows the co-op on Keene's Cypress Street to expand popular departments, such as meats, seafood, the deli and prepared foods. The current store is about 8,000

Allen Place Project

Lansing,
MI
(2020)

Co-ops, Community, Grocery and Fresh Food, Healthcare, HFFI, Housing, Incubator, Mixed-use, Retail, Retail and Commercial

CDE(s): Michigan Community Capital

The rehabilitation of an existing two-story building that currently houses the Allen Neighborhood Center into a three-story mixed-use development in the City of Lansing.

Mondanock Food Co-op

Keene,
NH
(2019)

Business Development, Co-ops, Grocery and Fresh Food, HFFI, Hotels and Tourism, Retail, Retail and Commercial, Rural, Theaters and Performing Arts Spaces

CDE(s): Evernorth Rural Ventures

NMTC financing brings new jobs and affordable food to rural New Hampshire food desert

Continental Divide Electric Cooperative, Inc.

Grants,
NM
(2018)

Broadband, Co-ops, Community, Indian Country, Rural

CDE(s): New Mexico Finance Authority

Financing for Continental Divide Electric, serving 24,088 consumers living in Bernalillo, Cibola, McKinley, Sandoval and Valencia counties.

Georgia Premium Peanut

Douglas,
GA
(2016)

Business Development, Co-ops, Food Manufacturing, Manufacturing, Rural

CDE(s): CEI Capital Management, Truist

The development of the Premium Peanut shelling facility in Douglas, Georgia, aims to bring more stability to these farmers by helping them gain better access to the market, improve their

Watonwan Farm Service

Delavan,
MN
(2011)

Co-ops, Infrastructure, Manufacturing, Plastics and Chemicals, Rural, Timber and Agriculture, Transportation and Ports

CDE(s): Rural Development Partners

The construction of a new high-speed working grain shuttle house and rail terminal facility.

Amino Plus Production

Dawson,
MN
(2013)

Business Development, Co-ops, Manufacturing, Rural

CDE(s): Local Initiatives Support Corporation, Midwest Minnesota CDC, USBCDE

Extensive upgrades and improvements to AGP's existing soy processing plant in Dawson, MN, a 1,500-person community in southwest Minnesota

Panhandle Milling Co

Dawn,
TX
(2005)

Business Development, Co-ops, Manufacturing, Rural

CDE(s): CRFUSA

NMTC financing allowed a grain processing co-op to purchase another operation and expand its services.

Travelers Hotel

Clarksdale,
MS
(2018)

Business Development, Co-ops, Community, Hotels and Tourism, Rural

CDE(s): Local Initiatives Support Corporation

NMTC financing supported a construction loan for the rehabilitation of historic hotel in Clarksdale, MS, run by an artist co-op.

URSA Cooperative – Canton, MO

Canton,
MO
(2012)

Business Development, Co-ops, Manufacturing, Rural, Warehouse and Wholesale

CDE(s): Rural Development Partners

Construction of a grain elevator that now serves as a high-speed throughput load-out facility for barges on the Mississippi River.

27 Chandler Street

Buffalo,
NY
(2019)

Business Development, Co-ops, Grocery and Fresh Food, HFFI, Historic Rehabilitation, Incubator, Manufacturing, Retail, Retail and Commercial, Warehouse and Wholesale

CDE(s): National Trust Community Investment Corporation

The adaptive reuse of a former refrigeration warehouse into a community-based food incubator and the third project to use the NTCIC Irvin Henderson Main Street Revitalization Fund.Once complete, the historic

Bozeman Community Food Co-op

Bozeman,
MT
(2018)

Co-ops, Grocery and Fresh Food, HFFI, Retail, Retail and Commercial, Rural

CDE(s): Mofi

A locally owned grocery store in Montana is expanding in a redeveloping area providing a catalyst for further development and numerous accessible jobs.

Gulf Coast Seafood and Co-op

Bayou Labatre,
AL
(2011)

Biofuels, Co-ops, Disaster Recovery, Energy, Environment, Food Manufacturing, Katrina, Manufacturing, Solar

CDE(s): AMCREF

Gulf Coast Agricultural and Seafood Co-Op, is a non-profit first-of-its-kind facility turning seafood processing waste into fertilizer.

Vortex Cold Storage

Albert Lea,
MN
(2021)

Business Development, Co-ops, Food Manufacturing, Manufacturing, Rural, Warehouse and Wholesale

CDE(s): Midwest Minnesota CDC

Development of a state-of-the-art temperature-controlled warehousing to support Agribusiness and Food Distribution business supply chains in the Southern Minnesota and Northern Iowa regions.