The Martinsville Clean Energy project successfully combined Investment Tax Credits and New Markets Tax Credits for the design, construction and installation of state-of-the-art clean energy generation technology into an anaerobic

Green Era Sustainability Campus

Chicago,
IL
(2020)

Adult Education, Brownfield Remediation, Business Development, College or Vocational Training, Community, Daycare and Early Childhood, Food Manufacturing, Incubator, Manufacturing, Timber and Agriculture, Youth and Families

CDE(s): Dudley Ventures, MBS Urban Initiatives, SCORE, USBCDE

An innovative project redeveloped a vacant 9-acre brownfield site into a sustainability campus which includes a biodigester, greenhouse space, community garden with a fresh produce stand and a visitor’s center

Highland Accelerator

Omaha,
NE
(2016)

Adult Education, Affordable Housing, Business Development, College or Vocational Training, Community, Food Manufacturing, Healthcare, Incubator, Manufacturing

CDE(s): Chase, Dakotas America, RBC Community Development

A nonprofit organization with the mission of revitalizing the Highlander neighborhood of North Omaha-the blighted and highly disinvested former site of a failed 23-acre public housing complex demolished in 2009.

The Wycliff

Saint Paul,
MN
(2020)

Business Development, Community, COVID-19, Disaster Recovery, Food Manufacturing, Incubator, Makerspace, Manufacturing, Parks and Forests, Retail

CDE(s): University Financial Corp.

The Wycliff’s project goals were strongly geared toward providing for small businesses and growing jobs, bringing over 500 permanent jobs to the Midway community. Evenwhile the 2020 COVID19 pandemic brought

San Antonio Food Bank Phase 2

San Antonio,
TX
(2020)

Adult Education, College or Vocational Training, Community, Culinary Entrepreneurship, Food Manufacturing, Manufacturing, Shelters and Community Food

CDE(s): MBS Urban Initiatives, PeopleFund NMTC, Texas Mezzanine Fund

Financing for a new 50,000 sq. ft. facility will house a production kitchen, an expanded area for culinary training, a vegetable prep plant, and a seasonal venison processing plant.

St. Louis Food Hub

Saint Louis,
MO
(2012)

Business Development, Community, Food Manufacturing, Grocery and Fresh Food, Incubator, Manufacturing, Retail, Retail and Commercial, Shelters and Community Food

CDE(s): Central Bank of Kansas City, Enterprise Financial CDE, MBS Urban Initiatives, USBCDE

Financing for a grocery store and a food distribution, processing and aggregation facility.

Yolo Food Bank

Woodland,
CA
(2019)

Community, Food Manufacturing, Grocery and Fresh Food, Retail, Retail and Commercial, Shelters and Community Food

CDE(s): Community Vision

Established in 1970, the Yolo Food Bank was founded as a volunteer-run backyard gleaning program and has grown to an organizational network of staff, volunteers, and partner agencies.

Centennial Place

New Orleans,
LA
(2013)

Adult Education, Business Development, College or Vocational Training, Community, Culinary Entrepreneurship, Food Manufacturing, Grocery and Fresh Food, Historic Rehabilitation, Manufacturing, Retail, Retail and Commercial, Shelters and Community Food

CDE(s): Enterprise Community Partners, VOANS

A new redevelopment project rresulted in 52 apartments, a commercial kitchen that prepares fresh and healthy meals for schools and social service clients and offer job training, and retail and

Green City Growers

Cleveland,
OH
(2011)

Brownfield Remediation, Business Development, 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

The Thin Man Brewery

Buffalo,
NY
(2019)

Beverages, Business Development, Food Manufacturing, Manufacturing, Restaurants and Catering, Retail and Commercial

CDE(s): Empire State Development Corporation

The purchase of equipment and working capital related expenses related to the expansion of a woman-owned local brewery.

Neighbors Cookies

West Monroe,
LA
(2021)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Advantage Capital

A $2.75 million investment in West Monroe-based cookie dough and confectionary distributor, Neighbor’s Cookies.

Coffee Café Bakery

Atlanta,
GA
(2021)

Food Manufacturing

CDE(s): CRFUSA, Dudley Ventures, Rose Urban Green Fund

Coffee Café Bakery, a joint venture between four minority business owners, will renovate and fully equip an existing 31,150 sq. ft. warehouse into a baking facility located at 3528 Browns

Baltimore Food Hub

Baltimore,
MD
(2018)

Adult Education, Business Development, College or Vocational Training, Community, Food Manufacturing, Incubator, Manufacturing, Retail, Timber and Agriculture

CDE(s): Harbor Bankshares Corporation, National Community Investment Fund

Baltimore Food Hub is a food incubator hub in a severely distressed area of East Baltimore.

Baldinger Bakery

Saint Paul,
MN
(2010)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Capital City Properties, CRFUSA

New bakery keeps Baldinger in St. Paul, adds 40 jobs long-term

Wholestone Farms

Fremont,
NE
(2022)

Food Manufacturing, Manufacturing

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

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

Safe Foods Corporation

North Little Rock,
AR
(2019)

Brownfield Remediation, Business Development, Community, Food Manufacturing, Manufacturing, Shelters and Community Food

CDE(s): Heartland Renaissance Fund

NMTC brings first new manufacturer to industrial park in almost fifteen years.

Rich Products (2024)

Brownsville,
TX
(2024)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Dudley Ventures, National New Markets Fund

$117 million expansion project will add production capacity for branded appetizer business and bring more than 130 jobs to the community.

Printpack

Rhinelander,
WI
(2014)

Business Development, Food Manufacturing, Manufacturing, Rural

CDE(s): WHEDA

Financing for Printpack, a manufacturer of flexible and specialty rigid packaging.

Phoenix Packaging

Dublin,
VA
(2018)

Business Development, Food Manufacturing, Manufacturing, Plastics and Chemicals

CDE(s): TD Community Development Corporation

NMTC financing helps jump-start recycling plant in rural Virginia.

Houston Meat Distributors, Inc.

Pasadena,
TX
(2022)

Business Development, Food Manufacturing, Manufacturing, Retail

CDE(s): Five Points Capital

The relocation and expansion of Houston Meat Distributors, Inc. into their new headquarters which includes a new, state-of-the-art, cold storage facility

Gulf Coast Seafood and Co-op

Bayou Labatre,
AL
(2011)

Disaster Recovery, Energy, Food Manufacturing, Katrina, Manufacturing, Solar

CDE(s): AMCREF Community Capital

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

GRUMA Grand Prairie, LLC

Grand Parairie,
TX
(2019)

Business Development, Food Manufacturing, Manufacturing

CDE(s): MBS Urban Initiatives, Texas Mezzanine Fund, The Valued Advisor Fund, USBCDE

The construction of three additional production lines, line expansions, new distribution, and the purchase of shipping and material handling equipment for food manufacturing facility.

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.

Danimer Scientific Kentucky Inc

Winchester,
KY
(2019)

Business Development, Food Manufacturing, Greentech Manufacturing, Manufacturing, Plastics and Chemicals

CDE(s): AMCREF Community Capital

NMTC financing brings high-quality biotech manufacturing jobs back to Winchester, Kentucky

Bueno Foods

Albuquerque,
NM
(2021)

Food Manufacturing

CDE(s): New Mexico Finance Authority

A food manufacturing plant expansion on in Albuquerque's South Valley, an economically depressed area of the City.

Rich Products

Food Manufacturing, Manufacturing

CDE(s): Dudley Ventures, National New Markets Fund

Food supplier doubles the size of its manufacturing facility creating much needed quality jobs in Brownsville, Texas.

Grassland Dairy Products

Food Manufacturing, Manufacturing

CDE(s): CEI Capital Management, Impact Seven, Waveland Community Development

Expansion of a five-generation, family-owned and operated dairy products manufacturer

Westin, Inc.

Fairbury,
NE
(2022)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Advantage Capital

The NMTC provided a food packaging company with funds needed to expand their current facility and purchase needed equipment.

Consolidated Catfish Producers

Isola,
MS
(2022)

Food Manufacturing

CDE(s): PB Community Impact Fund

PB Community Impact Fund provided a $3.6 million New Market Tax Credit enhanced loan to Consolidated Catfish Producers to refinance high-interest debt that was burdening its operations. Consolidated Catfish Producers

Second Phase of Rich Products’ Brownsville, Texas, Expansion Under Way

Business Development, Food Manufacturing, Manufacturing

CDE(s): Dudley Ventures, National New Markets Fund

$117 million expansion project will add production capacity for branded appetizer business and bring more than 130 jobs to the community.

Make the New Markets Tax Credit permanent

Business Development, Food Manufacturing, Manufacturing

CDE(s): Dudley Ventures

The New Markets Tax Credit helps provide jobs, economic development and food security, says Dr. Chris Freeman, CFO of Bongards Creameries. He says it should be a permanent federal policy.

Dole Foods Bessemer Expansion

Bessemer City,
NC
(2007)

Business Development, Food Manufacturing, Manufacturing

CDE(s): TruFund, USBCDE

NMTC financing supported 900 jobs in Bessemer City.

Highland Baking Company (2023)

Spartenburg,
SC
(2023)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Chase, Local Initiatives Support Corporation, National New Markets Fund, Urban Action Community Development

NMTC financing helped expand the Highland Baking Company plant in Spartanburg, South Carolina.