BD Xtreme

New Markets Tax Credit Coalition

Bonifay,
FL
(2020)

BD Xtreme

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

BD Xtreme is an aluminum boat manufacturer. The project allowed the company to acquire real estate, purchase equipment and inventory, restructure debt, and provide the needed working capital for expansion purposes.

Investment

NMTC Amount: $1,400,000
Total Project Cost: $1,400,000

IMPACT

10 FTE jobs

CDEs

Advantage Capital

Investor

Unknown

Project Description

BD Xtreme is an aluminum boat manufacturer. The project allowed the company to acquire real estate, purchase equipment and inventory, restructure debt, and provide the needed working capital for expansion purposes.

MAP

Address: 2460 Development Circle, Bonifay, FL 32425

Census Tract: 12059960400

Other Florida Projects

Overtown Youth Center

Miami,
FL
(2020)

Behavioral Health, Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Vocational Training, Youth and Families, Youth Program

CDE(s): Central States Development Partners, Florida Community Loan Fund

NMTC supports new facility providing youth and family services to Miami’s Overtown neighborhood.

SLAM Charter School

Miami,
FL
(2015)

Community, Schools

CDE(s): Self-Help

Financing for an accredited 6-12 school, integrates sports-related themes in the classroom to engage students in the classroom.

Feeding Northeast Florida

Jacksonville,
FL
(2022)

Community, Shelters and Community Food

CDE(s): Florida Community Loan Fund

Purchase and rehabilitation of 120,000 sq-ft facility to address food insecurity

The German Club

Tampa,
FL
(2019)

Business Development, Office, Targeted Populations

CDE(s): BBIF

The German Club is the rehabilitation of the shuttered, historically significant 16,000 sq. ft. German American Club building, and the construction of an adjacent 15,000 sq.