Timber and Agriculture

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.

Farm of the Future

Coalinga,
CA
(2014)

Adult Education, College or Vocational Training, Community, Solar, Timber and Agriculture

CDE(s): California Statewide Communities Development Corporation, Community Vision

Financing for the West Hills Community College District for its new Agricultural Science facility in Coalinga, California, also known as the Farm of the Future.

Essex Crossing

New York,
NY
(2015)

Affordable Housing, Community, Mixed-use, Retail, Timber and Agriculture

CDE(s): Enterprise Community Partners, Low Income Investment Fund, Wells Fargo

Essex Crossing includes 1,000 residential for-sale and rental units, a 15,000 sq. ft. public park, a 10,000 sq. ft. rooftop urban farm and 1.9 million sq. ft. of residential, commercial,

Second Street Youth Center

Plainsfield,
NJ
(2018)

Community, Daycare and Early Childhood, Shelters and Community Food, Timber and Agriculture, Youth and Families

CDE(s): Capital One, New Jersey Community Loan Fund

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

San Antonio Food Bank

San Antonio,
TX
(2012)

Adult Education, Behavioral Health, College or Vocational Training, Community, Shelters and Community Food, Solar, Timber and Agriculture

CDE(s): 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.

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

New England Forestry

Jackman,
ME
(2005)

Manufacturing, Rural, Timber and Agriculture

CDE(s): Bluehub, Rural Development Partners

The wood industry is one of the largest employers in the state of Maine accounting for approximately 19,000 jobs.

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

Hawaii Farming

Kamuela,
HI
(2024)

Solar, Timber and Agriculture

CDE(s): Ecotrust, Punawai 'O Pu'uhonua

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

South Dakota Wheat Growers Co-op

Cresbard,
SD
(2007)

Business Development, Grocery and Fresh Food, 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

Hawaii Farming

Solar, Timber and Agriculture

CDE(s): Ecotrust, Punawai 'O Pu'uhonua

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

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.

Bienville Lumber

Gibsland,
LA
(2023)

Business Development, Timber and Agriculture

CDE(s): AMCREF Community Capital, 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

Klamath,
CA
(2014)

Timber and Agriculture

CDE(s): 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

Enfield,
NC
(2018)

Timber and Agriculture

CDE(s): Greenline Ventures

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

A.D. Makepeace Company

Wareham,
MA
(2010)

Timber and Agriculture

CDE(s): 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

DV Timber

Darlington,
SC
(2012)

Timber and Agriculture

CDE(s): CEI Capital Management

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

Aerofarms – VEGS1

Newark,
NJ
(2018)

Timber and Agriculture

CDE(s): 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

CDE(s): Dakotas America, National New Markets Fund, Rural Development Partners, Truist

American Peanut Growers Group to Open New Facility Creating 90 Jobs

Timber and Agriculture

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

Desolation Creek Natural Water Storage Project

Ukiah,
OR
(2014)

Timber and Agriculture

CDE(s): 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

Mount Gilead,
(2011)

Manufacturing, Timber and Agriculture

CDE(s): AMCREF Community Capital, 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

Brentwood,
CA
(2004)

Business Development, Timber and Agriculture

CDE(s): Mechanics Bank

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

Ogaakaaning Wild Rice

Bemidji,
MN
(2021)

Food Manufacturing, Manufacturing, Timber and Agriculture

CDE(s): 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

American Peanut Growers Group, LLC

Donalsonville,
GA
(2021)

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,

J-M Foods, LLC

Miami,
OK
(2020)

Business Development, Food Manufacturing, Manufacturing, Rural, Timber and Agriculture

CDE(s): REI Development Corp

Construction of a production facility for hydroponic mushrooms.

Washington Forestry-Olympic Range Tree Farm

Clallam Bay,
WA
(2005)

Manufacturing, Parks and Forests, Rural, Targeted Populations, Timber and Agriculture

CDE(s): 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

Whiteriver,
AZ
(2013)

Manufacturing, Rural, Targeted Populations, Timber and Agriculture

CDE(s): 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

Allendale,
SC
(2012)

Community, Energy, Manufacturing, Rural, Timber and Agriculture

CDE(s): 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

Tilghman,
MD
(2017)

College or Vocational Training, Community, Food Manufacturing, Manufacturing, Timber and Agriculture, Vocational Training

CDE(s): Local Initiatives Support Corporation

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

Westervelt Lumber

Thomasville,
AL
(2019)

Business Development, Manufacturing, Rural, Timber and Agriculture

CDE(s): 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

Starbuck,
WA
(2018)

Manufacturing, Timber and Agriculture

CDE(s): CEI Capital Management

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

Humboldt Bay Harbor, Recreation and Conservation District

Samoa,
CA
(2016)

Community, Manufacturing, Recreation, Rural, Timber and Agriculture

CDE(s): Chase, TELACU

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

Louisiana Forestlands

Port Barre,
LA
(2008)

Katrina, Manufacturing, Rural, Timber and Agriculture

CDE(s): 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

Appalachian Mountain Club Maine Woods Projects

Piscataquis County,
ME
(2005)

Community, Manufacturing, Rural, Timber and Agriculture

CDE(s): CEI Capital Management

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