Timber and Agriculture Archives

Hawaii Farming ()

Indian Country, Timber and Agriculture

Hawaii Farming Expands with NMTC Financing, Boosting Hawaii’s Food Independence

Beasley Forest Products (2012)

Hazlehurst, GA

Business Development, Manufacturing, Timber and Agriculture
CDEs: AMCREF

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 (2017)

Glenwood, AR

Business Development, Manufacturing, Timber and Agriculture
CDEs: Advantage Capital

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

Bienville Lumber (2023)

Gibsland, LA

Business Development, Timber and Agriculture
CDEs: AMCREF, National New Markets Fund, PB Community Impact Fund

NMTC financing supported 130 new jobs near Taylor, Louisiana.

Western Rivers Conservancy Salmon Fishery Preserve and Yurok Tribal Community Forest, Phase III (2014)

Klamath, CA

Indian Country, Timber and Agriculture
CDEs: Accion Opportunity Fund

Nonprofit purchase and tribal renovation of polluted river and clear cut forest. After a 10-year effort the Yurok Tribe, Western Rivers Conservancy, Opportunity Fund, and U.S. Bancorp Community Development Corporation,

Klausner (2018)

Enfield, NC

Timber and Agriculture
CDEs: Greenline Ventures

Construction of a new state-of-the-art sawmill facility in Enfield, North Carolina.

A.D. Makepeace Company (2010)

Wareham, MA

Timber and Agriculture
CDEs: Rockland Trust

The A.D. Makepeace Company, based in Wareham, is the world’s largest cranberry grower, the largest private property owner in eastern Massachusetts, and a recognized leader in environmentally responsible real estate

Tillamook Fiber Recovery (2014)

Molalla, OR

Timber and Agriculture
CDEs: Bank of America

A loan to Tillamook Fiber Recover allowed the company to purchase a 40-acre site located in Molalla, Oregon, and provided the financial resources to make small site upgrades.

DV Timber (2012)

Darlington, SC

Timber and Agriculture
CDEs: CEI Capital Management

NMTC financing for a manufacturing expansion in Darlington County and bring an estimated 50 jobs to the area.

Aerofarms – VEGS1 (2018)

Newark, NJ

Timber and Agriculture
CDEs: GS New Markets Fund, MBS Urban Initiatives, New Jersey Community Loan Fund

Improvement of a light industrial building and its temperature control systems to improve the operations of aeroponic vertical farming company; Industrial facility anchored by fresh food grower and distributor.

New Westervelt Lumber Mill Will Create Jobs in Thomasville ()

Business Development, Manufacturing, Rural, Timber and Agriculture
CDEs: Dakotas America, National New Markets Fund, Rural Development Partners, Truist

American Peanut Growers Group to Open New Facility Creating 90 Jobs ()

Timber and Agriculture
CDEs: Carver State Bank, Midwest Renewable Capital, National New Markets Fund, United Bank of Alabama, United Fund Advisors

Desolation Creek Natural Water Storage Project (2014)

Ukiah, OR

Timber and Agriculture
CDEs: Ecotrust

A water project projected increase groundwater storage retention and capacity across approximately 818 acre-feet of adjacent wet lands on the Desolation Creek property in Grant County.

Jordan Lumber (2011)

Mount Gilead,

Manufacturing, Timber and Agriculture
CDEs: AMCREF, Community Development Venture Capital Alliance

Family-owned sustainable timberland: Jordan Lumber is a family-owned and operated sustainable forest products company with timberland, sawmills and chip mills. Founded in 1939, Jordan is the fifth largest employer in

Harvest Center Business Center (2004)

Brentwood, CA

Business Development, Timber and Agriculture
CDEs: Mechanics Bank

Construction of a business center supporting 26 new permanent full-time-equivalent jobs.

Academy for Global Citizenship (2022)

Chicago, IL

Behavioral Health, Community, Creative Farming, FQHCs, Schools, Solar
CDEs: BMO Harris, Dudley Ventures, Grow America, IFF, Rose Urban Green Fund

Chicago’s Academy for Global Citizenship Anchors New State-of-the-Art Learning, Sustainability, and Wellness Hub Catered to Community Needs

Ogaakaaning Wild Rice (2021)

Bemidji, MN

Food Manufacturing, Indian Country, Manufacturing, Timber and Agriculture
CDEs: Travois, USBCDE

Red Lake Inc., an economic development enterprise of the Red Lake Band of Chippewa Indians, and its subsidiary, Ogaakaaning Wild Rice LLC, expanded its wild rice business to better serve

Urban League of Metro Saint Louis Headquarters (2021)

Saint Louis, MO

Creative Farming, Historic Rehabilitation, Retail, Youth and Families
CDEs: USBCDE

This 205,000 sq. ft. commercial center will be renovated for use as the Urban League of Metro St. Louis's (ULMSL) Headquarters, Social Innovation Center and tenant retail space.

Houston Habitat for Humanity (2021)

Houston, TX

Affordable Housing, Community, Creative Farming, Disaster Recovery, Environment, Habitat for Humanity, Harvey, Housing, Retail
CDEs: Habitat for Humanity

Houston Habitat used NMTC financing for the site development and construction of 39 of the 84 affordable single-family homes planned in Phase 1 of their Robins Landing project.

American Peanut Growers Group, LLC (2021)

Donalsonville, GA

Co-ops, Timber and Agriculture
CDEs: 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,

Green Era Sustainability Campus (2020)

Chicago, IL

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

J-M Foods, LLC (2020)

Miami, OK

Business Development, Creative Farming, Food Manufacturing, Indian Country, Manufacturing, Rural, Timber and Agriculture
CDEs: REI Oklahoma

Construction of a production facility for hydroponic mushrooms.

Green City Growers (2011)

Cleveland, OH

Brownfield Remediation, Business Development, Co-ops, Creative Farming, Environment, Food Manufacturing, Manufacturing, Retail, Timber and Agriculture, Warehouse and Wholesale
CDEs: Grow America, PNC

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

Baltimore Food Hub (2018)

Baltimore, MD

Adult Education, Business Development, College or Vocational Training, Community, Creative Farming, Food Manufacturing, HFFI, Incubator, Manufacturing, Retail, Timber and Agriculture
CDEs: Harbor Bankshares Corporation, National Community Investment Fund

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

South Dakota Wheat Growers Co-op (2007)

Cresbard, SD

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

Washington Forestry-Olympic Range Tree Farm (2005)

Clallam Bay, WA

Environment, Indian Country, Manufacturing, Parks and Forests, Rural, Targeted Populations, Timber and Agriculture
CDEs: Rural Development Partners

NMTCs financing was necessary for a group of investors wanting to purchase 80,000 acres of forest land in the Olympic Peninsula to restore areas that had been over-harvested, and reverse

White Mountain Apache Timber (2013)

Whiteriver, AZ

Indian Country, Manufacturing, Rural, Targeted Populations, Timber and Agriculture
CDEs: CEI Capital Management, Rural Development Partners

Revamping the business plan of a timber mill, leveraging NMTCs to upgrade the mill with new technological equipment and generate working capital.

Pinelands (2012)

Allendale, SC

Biofuels, Community, Energy, Environment, Manufacturing, Rural, Timber and Agriculture
CDEs: Midwest Renewable Capital, Rural Development Partners

NMTCs were leveraged to build two identical 21 MW biomass generation facilities which will convert wood pulp and debris into electricity for use throughout South Carolina.

Phillips Wharf Environmental Center (2017)

Tilghman, MD

College or Vocational Training, Community, Creative Farming, Food Manufacturing, Manufacturing, Timber and Agriculture, Vocational Training
CDEs: Local Initiatives Support Corporation

Purchase of an oyster aquaculture business by a nonprofit to form an oyster farming apprenticeship program.

Westervelt Lumber (2019)

Thomasville, AL

Business Development, Manufacturing, Rural, Timber and Agriculture
CDEs: Dakotas America, National New Markets Fund, Rural Development Partners, Truist

The $191.6 million facility will produce approximately 250 million board feet of pine lumber annually|taking advantage of the company’s nearby timberland and other facilities.

Columbia Pulp (2018)

Starbuck, WA

Manufacturing, Timber and Agriculture
CDEs: CEI Capital Management

The Second tranche of financing for the construction of new wheat straw to paper pulp manufacturing facility.

San Antonio Food Bank (2012)

San Antonio, TX

Adult Education, Behavioral Health, College or Vocational Training, Community, Creative Farming, Food Bank or Pantry, HFFI, Homeless Services, Shelters and Community Food, Solar, Timber and Agriculture
CDEs: National New Markets Fund, Texas Mezzanine Fund

A project doubled the overall facility to 204,000 sq. ft., more than double food storage capacity, and triple the cold storage space available for healthy fresh and frozen foods.

Humboldt Bay Harbor, Recreation and Conservation District (2016)

Samoa, CA

Community, Manufacturing, Recreation, Rural, Timber and Agriculture
CDEs: Chase, TELACU

Financing for the acquisition of leasehold interest of 71.78 acre parcel of land and construction of industrial buildings.

Louisiana Forestlands (2008)

Port Barre, LA

Katrina, Manufacturing, Rural, Timber and Agriculture
CDEs: Rural Development Partners

The Forestland Group utilized NMTCs to complete the purchase of 82,000 acres of hardwood forests in Louisiana, in addition to a hardwood sawmill and processing plant near LeMoyen, LA; 200

Second Street Youth Center (2018)

Plainsfield, NJ

Arts, Community, Community Center, Creative Farming, Daycare and Early Childhood, Food Bank or Pantry, HFFI, Homeless Services, Shelters and Community Food, Timber and Agriculture, Youth and Families
CDEs: Capital One, New Jersey Community Loan Fund

Early childhood educational and community center expands educational opportunities for Plainfield children.

Appalachian Mountain Club Maine Woods Projects (2005)

Piscataquis County, ME

Community, Manufacturing, Rural, Timber and Agriculture
CDEs: CEI Capital Management

NMTC investments raise the profile of rural Maine as a premier, nature-based tourism destination.