A few years ago there was a flood in White Sulphur Springs, WV that destroyed the town. While they rebuilt homes, they knew that there had to be business to sustain the area. They built a cooperage for a project in conjunction with Smooth Ambler Spirits by creating barrels. This was the 2nd phase of […]
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 over a decade.
With over 400 partner agencies and seven Partner Distribution Organizations, this Food Bank serves in sourcing, warehousing, and distribution while actively confronting issues of chronic hunger, poor nutrition and health for the 11-county area they serve. When the Food Bank’s renovation and expansion plans were cut short due to Covid, and funds raised for the […]
The Great Recession saw loss of factories and jobs in and around Humboldt, with more than a fifth of the residents living below the poverty line. In 2010, Bongards purchased a plant in Humboldt, transforming it into a natural processed cheese operation to support the growing demand for its products. In 2017, Bongards obtained NMTCs […]
A Food Bank expanded its reach into the Georgia mountain region by opening a distribution warehouse and food processing center in Rabun County.
New Markets Tax Credit financing, paired with the USDA Direct Loan Program, made it possible to build a new facility for a health care provider serving the poorest areas of Connecticut.
In 2012, West Liberty, Kentucky was literally destroyed by a series of E-3 tornadoes.
Financing for a food Distribution Center for a nonprofit hunger relief organization.
Since 1976, Bread for the City has served homeless, indigent and impoverished families in Washington. Bread for the City serves more than 2,500 clients each month providing an array of supportive services including food, clothing, medical and dental care, legal services and case management. The main office is located in a small building, a former […]
Since 1958, S and S Cycle has manufactured V-twin engine parts as well as elite aftermarket accessories to improve motorcycle performance and speed. S and S distributes its products to motorcycle manufactures and enthusiasts in the US and throughout the world. In 2004, the manufacturer increased operational support at is Viola and La Crosse locations […]
Freestanding, state-of-the-art cancer center incorporates the latest advances in cancer treatment, all under one roof
Mixed-use development to bring fresh food, accessible healthcare and job opportunities to a highly distressed community in the South Bronx.
Educare Springfield, the first Educare school in Massachusetts, serves 141 Head Start-eligible young children and their families with a full-day, year-round early education program. The school, located in the highly distressed Old Hill neighborhood, is now a landmark lab school for best practices and an essential resource for Springfield College, Springfield Technical Community College, Springfield […]
In 2009, MHIC provided $19.9 million in New Markets Tax Credit financing for construction of a new, seven story, in-patient medical facility with 126 beds for the Baystate Medical Center (BMC). The largest of the hospitals in the Baystate Health System, BMC is an academic teaching hospital that serves as the western campus of Tufts […]
Financing to support program expansion and renewable energy improvements to visitor and nonprofit-run community centers that provide areas with reliable and sustainable forms of electricity and water.
Financing for a new food bank and distribution center in Salt Lake City, UT.
The Fund invested $1.35 million in convertible debt as part of a $2 million financing round for Quick Study Radiology Inc., an information technology company that helps bring to smaller community and rural hospitals the same leading-edge radiology technologies available to large hospitals. Customers include hospitals in the Missouri towns of Bolivar, Farmington, Fulton, Perryville […]
The New Markets Tax Credit helped Foremost Farms USA finance dairy production upgrades, retain and create jobs, invest in future projects to increase profitability, and return equities to members while retaining the proper equity base. The Wisconsin Community Development Legacy Fund, a Community Development Entity comprised of WHEDA, Impact Seven and Legacy Bancorp, provided a […]
Four pediatric dentists expand dental services in rural Wisconsin.
The project includes equipment and facility upgrades to a paper mill in Quinnesec, MI.