Environment Archives

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.

Zia Energy Group (2021)

Albuquerque, NM

Environment, Solar
CDEs: New Mexico Finance Authority

Affordable Solar is looking to purchase an existing 3.522-acre site which already contains a noteworthy building of nearly 30,000 sq. ft. at 3900 Singer Boulevard NE.

Solarvision (2010)

Athens, OH

Community, Energy, Environment, Infrastructure, Rural, Schools, Solar, Youth and Families
CDEs: Finance Fund

Solar energy provider, SolarVision, LLC, is making it possible for schools, municipalities and businesses to take advantage of the economic and environmental benefits of solar power.

The Greater Boston Food Bank (2011)

Lawrence, MA

Community, Energy, Environment, Food Bank or Pantry, Infrastructure, Shelters and Community Food, Solar
CDEs: Bluehub

NMTC financing supported the construction of The Greater Boston Food Bank

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.

RES – Magnolia (2013)

Magnolia, NC

Environment, Historic Rehabilitation
CDEs: Brownfield Revitalization

Revolution Energy Solutions LLC headquartered in Washington DC decided to install anaerobic digesters and a CHP plant to convert pig manure into usable energy on a larger pig livestock farms

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.

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.

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.

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.

Rehab of the Fuller Paint Building (2004)

Salt Lake City, UT

Environment, Historic Rehabilitation, Professional Services, Retail and Commercial
CDEs: Zions Community Investment Corp.

Rehab of the Fuller Paint Building into a new headquarters for Big-D Construction Corp.

Sweet Potato Processing Facility (2010)

Delhi, LA

Business Development, Environment, Food Manufacturing, Manufacturing, Rural
CDEs: Bluehub

NMTC project provides area residents a place to work and 275 jobs.

Balboa Elementary School (2011)

Antioch, CA

Community, Environment, Infrastructure, Schools, Solar, Youth and Families
CDEs: TELACU

NMTC financing supported solar panels for Balboa Elementary school.

Weaver Street Market’s Food House (2008)

Hillsborough, NC

Co-ops, Environment, Grocery and Fresh Food, HFFI, Retail, Retail and Commercial
CDEs: Capital Impact Partners

A NMTC transaction supported the purchase and development of a third healthy food retail site, and to develop warehouse capacity that allowed the market to provide healthy, freshly-prepared foods to

Second Harvest Food Bank of Metrolina (2016)

Charlotte, NC

Community, Environment, Food Bank or Pantry, HFFI, Homeless Services, Shelters and Community Food
CDEs: The Reinvestment Fund, Truist

The expansion of Second Harvest Food Bank of Metrolina, doubling the size of their main warehouse

Reimagine RedBird Development (2020)

Dallas, TX

Adult Education, Arts, Behavioral Health, College or Vocational Training, Community, FQHCs, Healthcare, Historic Rehabilitation, Office, Parks and Forests, Retail, Retail and Commercial
CDEs: Capital One, Dallas Development Fund

Financing for the repurpose of the historic Red Bird Mall in southern Dallas while focusing on community impact driven tenants.

Parker J. Noyes Redevelopment (2020)

Lancaster, NH

Adult Education, Arts, College or Vocational Training, Community, Environment, HFFI, Housing, Incubator, Manufacturing, Mixed-use, Retail, Rural
CDEs: MHIC

The project involves the redevelopment of the Parker J. Noyes building, a vacant, historic three-story, 11,650 sq. ft. wood and steel building into ground floor commercial space and six workforce

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

Dallas Lite & Barricade (2020)

Dallas, TX

Business Development, Environment, Machine Shops and Metal Fabrication, Manufacturing, Warehouse and Wholesale
CDEs: Capital One, Dallas Development Fund

Remediation and rehabilitation of a 23,000+ sq. ft. warehouse building for equipment related to traffic control.

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.

Vomela Specialty Company (2020)

Saint Paul, MN

Energy, Environment, Manufacturing, Solar
CDEs: Midwest Minnesota CDC

Financing for the installation of 1 megawatt of solar panels and purchasing various furniture, fixtures and equipment at Vomela's new 300,000 sq. ft. headquarters in Saint Paul, MN.

DePaul Treatment Center (2020)

Portland, OR

Addiction Treatment, Behavioral Health, Community, Healthcare, Parks and Forests
CDEs: Capital One, United Fund Advisors

A new 53,000 sq. ft. facility, which sits on 3.4 acres of therapeutically planned green space.

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

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

Greater Pittsburgh Community Food Bank (2020)

Duquesne, PA

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

NMTC financing for a food bank's sourcing, warehousing, and distribution efforts.

Richland Center Renewable Energy and Wastewater Treatment (2012)

Richland Center, WI

Community, Energy, Manufacturing, Rural, Waste Management, Water Management
CDEs: Rural Development Partners, WHEDA

NMTCs enabled RCRE to construct a new state-of-the-art wastewater treatment facility in Richland Center, providing a solution for the significant problems of the city’s old wastewater treatment facility, which was

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.