Advanced Industrial Group

New Markets Tax Credit Coalition

Augusta,
GA
(2020)

Advanced Industrial Group

Business Development, Manufacturing

Funds for to help a manufacturer of HVAC equipment expand.

Investment

NMTC Amount: $3,000,000
Total Project Cost: $4,000,000

IMPACT

100 FTE jobs

CDEs

Advantage Capital

Investor

Unknown

Project Description

Advanced Industrial Group is a manufacturer of HVAC equipment. The project provided the Company with funds for business acquisition and working capital.

MAP

Address: 4183 Mike Padgett Highway, Augusta, GA 30906

Census Tract: 13245010706

Other Georgia Projects

Pittsburgh Yards

Atlanta,
GA
(2017)

Brownfield Remediation, Business Development, Community, Historic Rehabilitation, Incubator, Manufacturing, Mixed-use, Parks and Forests

CDE(s): Atlanta Emerging Markets, Brownfield Revitalization, Enterprise Community Partners

In 2017, a $6,500,000 NMTC transaction financed the first phase of development of a business incubator for small businesses in the Pittsburgh neighborhood of Atlanta.

Goodwill of North Georgia 1

Atlanta,
GA
(2020)

Adult Education, College or Vocational Training, Community, Goodwill, Mixed-use, Nonprofit Hub, Retail, Vocational Training

CDE(s): Atlanta Emerging Markets

The NMTC financed the construction of a 34,000-sq. ft. facility that will house a 12,000-sq. ft. Center for Workforce Innovation and 22,000-sq. ft. retail store.

Atlanta Neighborhood Development Partnership

Atlanta,
GA
(2018)

Community, Housing

CDE(s): Housing Partnership Network

Financing of Single Family Homes for Atlanta Neighborhood Development Partnership.

Sheltering Arms Atlanta

Atlanta,
GA
(2016)

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

CDE(s): Atlanta Emerging Markets, Bank of America

Sheltering Arms, an Atlanta-based nonprofit agency that provides early childhood education, has opened a 27,000-sq. ft. center at the Barack and Michelle Obama Academy.