Disaster Recovery Archives

Chocktaw Hotel (2007)

Philadelphia, MS

Hotels and Tourism, Indian Country, Katrina
CDEs: National Tribal Development Association

A new hotel was financed on Choctaw lands to create jobs and economic development after the devastation of Katrina.

Trees Atlanta (2021)

Atlanta, GA

Brownfield Remediation, Community, Environment
CDEs: Atlanta Emerging Markets, Chase

Project advances environmental justice through urban tree restoration, is transforming an industrial brownfield site into a 22,000 sq. ft. headquarter facility adjacent to the Atlanta BeltLine trail.

Greater Birmingham Habitat for Humanity, Inc. (2010)

Birmingham, AL

Affordable Housing, Katrina
CDEs: Habitat for Humanity

Construction of 122 affordable single-family homes for Habitat for Humanity in an area that suffered from extensive damage from Katrina.

$250M Lighthouse Point project taking shape on Staten Island waterfront ()

Community, Disaster Recovery, Grocery and Fresh Food, Healthcare, HFFI, Incubator, Mixed-use, Retail, Retail and Commercial, Sandy, Transit Oriented Development
CDEs: CCG Community Partners, GS New Markets Fund, United Fund Advisors

$300,000 grant paves way for Mar-Jac Poultry expansion in northwest Alabama ()

Business Development, Food Manufacturing, Manufacturing, Rural, Tornadoes
CDEs: MuniStrategies

Farm Fresh RI Plans $155 Million Food Hub on Vacant Kinsley Avenue Site ()

Adult Education, Brownfield Remediation, College or Vocational Training, Community, Culinary Entrepreneurship, Environment, Food Manufacturing, Manufacturing
CDEs: Brownfield Revitalization, Capital One, MHIC

U.S. Bank Invests $7 Million to Build Freshwater Plaza ()

Affordable Housing, Brownfield Remediation, Environment, Grocery and Fresh Food, HFFI, Housing, Mixed-use, Retail, Retail and Commercial
CDEs: First-Ring Industrial Redevelopment Enterprise, WHEDA

Fully Leased Rockaway Beach Medical Arts Complex Expected to Provide Health Care Services ()

Community, Healthcare, Sandy
CDEs: Chase, NYC Neighborhood Capital Corporation

Maverick Helicopters (2020)

Las Vegas, NV

Business Development, COVID-19, Disaster Recovery, Environment, Hotels and Tourism
CDEs: Advantage Capital

NMTC helped a business make it through the pandemic without having to sell assets or lay off staff.

DD Dannar LLC (2022)

Muncie, IN

Brownfield Remediation, Manufacturing, Solar
CDEs: PNC, SCORE

The first phase of development in the $50 million Kitselmen Pure Energy Park master planned development and will rehabilitate and environmentally remediate the former Indiana Steel and Wire building, a

Goodwill Opportunity Campus (2022)

Louisville, KY

Behavioral Health, Brownfield Remediation, Community, Goodwill, Vocational Training
CDEs: CAHEC, Community Ventures

Goodwill Industries of KY redeveloped a Brownfield in a poor, minority neighborhood.

Community Development Financial Institutions Finding Innovative Ways to Build Climate Resilience ()

Disaster Recovery, Environment, Katrina

Following Hurricane Katrina, AMCREF Community Capital, a Community Development Entity based in New Orleans, provided nearly $13 million of New Markets Tax Credit financing to create 150 affordable homes that

Director Gambrell Tours Community Development Progress in New Orleans ()

Disaster Recovery, Environment, Katrina

Meets with local CDFIs, CDEs, small businesses, non-profits, entrepreneurs, and affordable housing developers supporting the recovery efforts.

Tax Credit Programs Show Value during Natural Disaster Recovery ()

Disaster Recovery, Environment, Irma, Katrina, Maria

Biomass Green Fuels (2020)

Fajardo, PR

Biofuels, Disaster Recovery, Energy, Environment, Irma, Maria
CDEs: Popular Community Capital

Construction of a landfill recycled and renewable natural gas and carbon dioxide facility.

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.

North Austin Community Center (2021)

Chicago, IL

Brownfield Remediation, Community, Community Center, Recreation
CDEs: Chicago Community Loan Fund, Enhanced Capital, USBCDE

A 140,000 sq. ft. community center on a long-vacant 6.7-acre brownfield site in North Austin that was most recently owned by the City of Chicago.

Stadium Lodging, LLC 2 (2021)

Columbia, MO

COVID-19, Hotels and Tourism
CDEs: Advantage Capital

Stadium Lodging is a franchisee operating a Hampton Inn & Suites hotel along with a restaurant in the hotel lobby. Due to the nature of the dining and restaurant industries,

Stadium Lodging, LLC (2021)

Columbia, MO

COVID-19, Hotels and Tourism
CDEs: Advantage Capital

Stadium Lodging is a franchisee operating a Hampton Inn & Suites hotel along with a restaurant in the hotel lobby. Due to the nature of the dining and restaurant industries,

How New Markets Tax Credit Can Help Pandemic Recovery ()

Disaster Recovery, Floods

How New Markets Tax Credit Can Help Pandemic Recovery

A model for neighborhood renewal ()

Affordable Housing, Community, Disaster Recovery, Environment, Habitat for Humanity, Housing
CDEs: Habitat for Humanity

Two lawyers have helped build thousands of affordable houses in 30 cities using an obscure federal tax incentive

Becker County Museum (2021)

Detroit Lakes, MN

Arts, Community, COVID-19, Museums
CDEs: Midwest Minnesota CDC

Construction of a new $6.4 million, 30,000 sq. ft. Becker County Museum building.

Christian Brothers School (2009)

New Orleans, LA

Community, Disaster Recovery, Katrina, Schools, Youth and Families
CDEs: Advantage Capital

The Christian Brothers School new multi-purpose facility constitutes the first new building constructed in the New Orleans institution’s fifty-year history.

Esperanza Community Wellness Center (2021)

Philadelphia, PA

Addiction Treatment, Behavioral Health, Brownfield Remediation, Community, FQHCs, Healthcare
CDEs: Nonprofit Finance Fund, PNC

The project developed a vacant brownfield lot into a 21,000 sq. ft. wellness cente providing services to 14,500 patients.

Freestore Foodbank (2021)

Cincinnati, OH

Community, COVID-19, Food Bank or Pantry, Shelters and Community Food
CDEs: Cincinnati Development Fund, PNC, Rural Development Partners

Financing to expand the capacity and efficiency of a food bank distribution center as they fight food insecurity in a 20-county tri-state region.

Artspace City Center (2005)

Salt Lake City, UT

Arts, Brownfield Remediation, Community, Environment, Historic Rehabilitation, Theaters and Performing Arts Spaces
CDEs: Grow America

The renovation of the ZCMI warehouse not only brought an historic building back into use, but also contributed to the large-scale revitalization of a Brownfields area.

Cermak Grocery Store (2015)

Milwaukee, WI

Affordable Housing, Brownfield Remediation, Environment, Grocery and Fresh Food, HFFI, Housing, Mixed-use, Retail, Retail and Commercial
CDEs: First-Ring Industrial Redevelopment Enterprise, WHEDA

The project consisted of the initial phase of the redevelopment of a vacant 7.2 acre Brownfield Site at Greeneld Avenue and S. 1st Street in Milwaukee, WI.

Freshwater Plaza (2015)

Milwaukee, WI

Affordable Housing, Brownfield Remediation, Environment, Grocery and Fresh Food, HFFI, Housing, Mixed-use, Retail, Retail and Commercial
CDEs: First-Ring Industrial Redevelopment Enterprise, WHEDA

The project consisted of the initial phase of the redevelopment of a vacant 7.2 acre Brownfield Site at Greenfield Avenue and S. 1st Street in Milwaukee, WI.

Atlanta Youth Academy (2019)

Atlanta, GA

Arts, Brownfield Remediation, Community, Daycare and Early Childhood, Library, Makerspace, Schools, Youth and Families, Youth Program
CDEs: Atlanta Emerging Markets, Truist

Atlanta Youth Academy is a Pre-K-to-8 independent school that provides robust education opportunities to low-income students, predominantly from single-parent households with median annual incomes of under $24,000.

Loving Arms Home Care Agency (2020)

Memphis, TN

Adult Education, College or Vocational Training, Community, COVID-19, Disability Services, Disaster Recovery, Healthcare
CDEs: TruFund, USBCDE

Finances working capital and expansion plans for Loving Arms, LLC, a minority owned business with locations in Jackson and Memphis, providing home healthcare services to seniors and individuals with intellectual

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

West Virginia Great Barrel Company Project 2 (2020)

Caldwell, WV

Business Development, Floods, Manufacturing, Rural
CDEs: Community Ventures

NMTC financing supported the West Virginia Great Barrel Company Project.

Aviva Health Center (2020)

Roseburg, OR

Adult Education, College or Vocational Training, Community, COVID-19, FQHCs, Healthcare, Rural
CDEs: Community Hospitality Healthcare Services, Dudley Ventures

Aviva Health Center, a Federally Qualified Health Center, is constructing the Aviva Health Center in rural Oregon.

Martin Luther King Jr. Community Hospital (2020)

Los Angeles, CA

Community, COVID-19, Disaster Recovery, Healthcare, Hospitals and Emergency Services
CDEs: USBCDE

This transaction will finance working capital for the Martin Luther King Jr. Community Hospital located in South Central Los Angeles, California.

Precision Opinion (2020)

Las Vegas, NV

COVID-19, Professional Services, Retail and Commercial
CDEs: Advantage Capital, Community Development Venture Capital Alliance

The project allowed the company to restructure existing debt with a lower interest rate allowing the company to increase hiring to cover expanded service offerings.

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