Business Development

College of the Desert Indio

Makerspace

CDE(s): Border Communities Capital Company, California Statewide Communities Development Corporation, Clearinghouse CDFI, Prestamos CDFI, Self-Help, TELACU, USBCDE

NMTC financed project expands training and education for 10,000 students

SoLa Model Z

Manufacturing

CDE(s): Grow America, Prestamos CDFI

A minority-owned business tackled the severe affordable housing crisis in South Los Angeles

Rocky Mountain Instrument Co.

Manufacturing

CDE(s): Greenline Ventures

Small Business Capital Fund helps minority-owned manufacturer expand

Johns Family Enterprises, LLC

Manufacturing

CDE(s): Five Points Capital, Native American Bank

Native American Bank provides NMTC-enhanced funding to a Tribal Business

Webster Community Center

Daycare and Early Childhood, FQHCs, Incubator

CDE(s): Michigan Community Capital, National Trust Community Investment Corporation, PNC

Breathing new life into Pontiac, Michigan, and offering an unparalleled blend of social services, educational programs, and cultural spaces designed to empower and enrich the lives of a community in

George Modular

Manufacturing

CDE(s): CRFUSA, University Financial Corp., USBCDE

Much-needed investment by an innovative manufacturer provides economic boost for north Minneapolis, Minnesota community.

Building Superior Walls of North Dakota

Manufacturing

CDE(s): DBL Equity Partners

The New Markets Tax Credit program, combined with a Community Impact Loan and SBA 504 loan, helped establish a precast construction facility in a low-income and distressed area.

Marvin Composite

Manufacturing

CDE(s): DBL Equity Partners

Leveraging two NMTC allocations, Marvin Composites created numerous high-quality and accessible jobs in a low-income area.

GF Central Plastics Company

Manufacturing

CDE(s): Legacy Economic Growth Fund, MetaFund, REI Development Corp

Strategic Expansion in Metals Manufacturing Drives Economic Growth and Job Creation in Rural Oklahoma

Malone’s CNC Machining, Inc.

Manufacturing

CDE(s): Advantage Capital

Investment drives economic development in rural Oklahoma, supporting more than 50 quality manufacturing jobs

Allentown Panel Shop Marcon

Manufacturing

CDE(s): Building America CDE

The intensive renovation and restoration of an existing building into a new manufacturing complex, including the environmental remediation of the blighted 17-acre Allentown Metal Works

Global Polymer

Manufacturing

CDE(s): CEI Capital Management, Community Development Venture Capital Alliance, Dudley Ventures, TruFund

Industrial manufacturer expands their production facility following a long-awaited advancement in polyethylene production.

Cooper Steel

Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Heartland Renaissance Fund, Innovate Fund, Pathway Lending, Truist

Family-Run Steel Manufacturer Receives Critical NMTC Financing to Match Growing Demand

The Historic Coliseum Building

Business Development, Historic Rehabilitation, Mixed-use and Commercial

CDE(s): Mid-City Community CDE, Midwest Minnesota CDC, University Financial Corp.

NMTC financing from MMCDC will help build a more equitable economic future for Minneapolis

Crown Equipment Corporation

Manufacturing

CDE(s): Five Points Capital, Rural Development Partners

NMTCs provide timely economic boost in distressed rural community while re-shoring jobs to America.

The Resurgent

Healthcare, Incubator, Mixed-use

CDE(s): Innovate Fund, Partners for the Common Good, Wells Fargo

NMTCs address need for additional health services in medically underserved area

The Steelhouse

Manufacturing

CDE(s): CCG Community Partners, Truist

An Unparalleled Hub for Urban Manufacturing and Innovation in Greensboro, NC

Hundred Nights Emergency Shelter

Nonprofit Hub, Shelters and Community Food, Solar

CDE(s): Evernorth Rural Ventures

A nonprofit shelter operator, opened a new, 48-bed emergency shelter and resource center

MycoWorks

Manufacturing

CDE(s): AMCREF Community Capital, CEI Capital Management, Hampton Roads Ventures

Financing Allows Company to Make All-Natural Textiles from Mushroom Mycelium and Create New Quality Jobs in Rural South Carolina

Premium Peanut

Manufacturing

CDE(s): CEI Capital Management, Hampton Roads Ventures, Innovate Fund, Mascoma Community Development, Truist

Construction of a new 125,000 ton peanut shelling facility in a non-metropolitan, severely distressed census tract in Santee, SC.

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.

Houston Meat Distributors

Manufacturing

CDE(s): Five Points Capital

Tenant improvements funded for a small business, leveraging capital from three CDFIs and a NMTC allocation

Yellow Barn Business Accelerator

Incubator

CDE(s): Evernorth Rural Ventures, MHIC

NMTC financing turns the Yellow Barn into both an economic engine and a community anchor

Recursion Pharmaceuticals

Manufacturing

CDE(s): Advantage Capital

Advantage Capital’s investment helps fuel Salt Lake City company’s fight against rare genetic diseases

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

Flex N’ Gate Effingham

Effingham,
IL
(2021)

Auto Manufacturing, Manufacturing

CDE(s): Central States Development Partners, Cinnaire New Markets, FirstPathway Community Development, Legacy Economic Growth Fund, SCORE

Upgrades made to a manufacturing facility could expand its imprint from 500 employees to up 1,200 employees.

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.

Pacha Soap Company

Hastings,
NE
(2021)

Business Development, Manufacturing

CDE(s): Advantage Capital

NMTC financing helped a hygiene products manufacturer expand

Matthews International Searcy

Searcy,
AR
(2021)

Manufacturing

CDE(s): MuniStrategies, Truist

Matthews International Corp. announced recently that it is expanding its operations in Searcy. The expansion will add approximately 15,000 sq. ft. to Matthews existing Searcy facility, while growing its manufacturing

Marvin Composites

Fargo,
ND
(2023)

Business Development, Manufacturing

CDE(s): DBL Equity Partners

Finances the construction and equipping of a new 150,000 sq. ft. facility expansion on the site of its existing facility.

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

The West Virginia Great Barrel Company Demonstrates NMTC Success

Business Development, Manufacturing

CDE(s): Community Ventures, Grow America, Rural Development Partners

Letter to the editor in the Register Herald

Beasley Forest Products

Hazlehurst,
GA
(2012)

Business Development, Manufacturing, Timber and Agriculture

CDE(s): AMCREF Community Capital

NMTC financing for an innovative sustainable forestry company whose operations include sawmills, wood pellets (for renewable energy), timberland and environmental remediation products.

Caddo River Forest Products

Glenwood,
AR
(2017)

Business Development, Manufacturing, Timber and Agriculture

CDE(s): Advantage Capital

Caddo River Forest Products invested up to $50 million to reopen its sawmill in Glenwood, Arkansas. The company created 136 new jobs.

Mason Manufacturing

Decatur,
IL
(2010)

Business Development, Manufacturing

CDE(s): Advantage Capital

The NMTC helped preserve 35 high-paying jobs and transition a company to a new phase of growth.

Fisk Univeristy

Nashville,
TN
(2023)

Manufacturing

CDE(s): Hope Enterprise

The renovation of the John Hope and Aurelia Franklin Library, the Driscoll House, the Boyd House, and new construction for the Roland Parrish Career Center.