Arkansas Baptist College (2011), Little Rock, AR

COMMUNITY IMPACT

Construction of a new residential dorm facility, cafeteria, and renovation of Old Main on the campus of Arkansas Baptist College.

CDE(s): Heartland Renaissance Fund
Category: College or Vocational Training
Congressional District: French Hill (R-AR02)

Voices from the Community

As a predominantly rural state, the NMTC has absolutely been the key piece in putting together capital stacks for projects in underserved areas. There is no substitute mechanism/tool that could replace the NMTC is the work that we do.

Sam Walls III, President, Arkansas Capital and Heartland Renaissance Fund, Little Rock, AR

Project Map

Other Arkansas Projects

Safe Foods Corporation

Food Manufacturing, Manufacturing

Project City:

North Little Rock

Project Year:

2019

First Orion

Science and Tech

Project City:

Little Rock

Project Year:

2019

First Orion, the parent company of PrivacyStar, a maker of call- and text-blocking software, is using NMTC financing for the construction of its new, $15 million, 60,000-SF headquarters at 520 ...
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Scenic Hill Solar

Energy, Green

Project City:

Clarksville

Project Year:

2018

The NMTC issuer has offered to extend the tax benefit beyond the 5 MW plant under construction and would do additional NMTC' s on a second plant of up to ...
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Haas Hall Academy

Arts, Community, Historic Rehabilitation, Museums, Schools, Youth and Families

Project City:

Rogers

Project Year:

2017

The former Lane Hotel at Second and Poplar streets downtown has been renovated for one of Haas Hall Academy's newest campuses. About 250 students in grades seven through 10 attend ...
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Highland Pellets

Green, Manufacturing, Timber and Agriculture

Project City:

Pine Bluff

Project Year:

2017

Construction of a biomass pellet facility. 30% of workforce to be filled by prisoner return to work employees through second chance program ...
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TMS International

Manufacturing

Project City:

Osceola

Project Year:

2017

Finance working capital needs related to equipping development and operations facility for handling and processing slag and scrap metal and performing other services to suppor the operations of steel facility ...
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Husqvarna Forestry Products

Manufacturing, Rural, Timber and Agriculture

Project City:

Nashville

Project Year:

2017

Husqvarna Forestry Products N.A., Inc. (“Husqvarna”), a manufacturer of lawn and garden products, will be expanding its facility located in rural Nashville, Arkansas, (pop. 4,501) (the “Project”). Husqvarna plans to ...
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American Tubing Arkansas

Manufacturing

Project City:

Springdale

Project Year:

2016

New buildign/equipment for an exsiting manufacturer of air conditioning components: ATA was formed in 2015 and acquired equipment from American Tubing, Inc., a Springdale-based company founded in 1976 to manufacture ...
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Excel Boats

Manufacturing, Rural

Project City:

Mountain View

Project Year:

2015

Excel Boats - Boat Manufacturing: Excel Boats is the country’s premier aluminum boat manufacturer that caters to outdoor enthusiasts. When our business picked up in 2014 following the Great Recession, ...
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Mid River Terminal

Infrastructure, Rural, Transportation and Ports

Project City:

Osceola

Project Year:

2015

New Markets Tax Credits are helping to revive a rural community in Northeastern Arkansas, providing the necessary capital for a highly distressed river town to turn the corner. Osceola, Arkansas, ...
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Open Avenues

College or Vocational Training, Community

Project City:

Rogers

Project Year:

2011

Open Avenues, a 501(c) that fosters independent living and work skills for disabled adults, used a $6.5 million New Market Tax Credit allocation to support financing of their new headquarters ...
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