Central Texas Food Bank

Waco,
Texas
(2025)

Central Texas Food Bank

Shelters and Community Food

Investment

NMTC Amount: $18,000,000
Total Project Cost: $24,080,320

IMPACT

171 FTE jobs
59 construction jobs
28 jobs created, 143 retained. 100% will pay above the MIT living wage for 2 adults (both working) and 1 child of $17.97/hour for McLennan County. The new positions will have an average wage of $31.14 annually. Of the newly created positions at CTFB, 86%
65,000 sq. ft. of real estate

CDEs

Rural Development Partners

Investor

Capital One

RDP allocated $15 million of New Markets Tax Credits to fund the construction and build-out of a 65,000 square foot facility in Waco, Texas, situated on just over 11 acres of land in McLennan County. This location, which would serve the 9 northern counties of CTFB’s 21 county region, solves logistical, programmatic service and accessibility challenges for the northern region by placing a facility where it is needed most. The investment expands CTFB’s fresh food distribution capacity across the project’s nine county predominate service area (5 rural), by 4.5MM meals (from 30MM meals to 34.6MM, a 15% increase). The project expects to provide 2.7MM pounds of nutrious food to rural households, which translates to 2.2MM meals to low-income, food insecure rural individuals – equating to 4,549 low-income, food insecure rural individuals a year (based on FAHM’s 42 meals per person per month benchmark). Additionally, CTFB works with over 41 rural distribution networks including mobile pantries, schools, churches, and more – the Project supports CTFB’s efforts to continue growing distribution partnerships in these areas.

MAP

Address: 1402 Gholson Rd, Waco, Texas 76704

Nuso, LLC

Saint Louis,
MO
(2023)

Tech

CDE(s): Advantage Capital

Nuso, LLC (“NUSO”) is a Cloud Service Provider delivering an all-in-one software-based Unified Communications and Collaborations (“UCC”) platform with full telephony applications in a flexible deployment model. NUSO’s platform allows

Urban Community School

Cleveland,
OH
(2015)

Behavioral Health, Community, Daycare and Early Childhood, Dental Services, Healthcare, Private School, Schools, Shelters and Community Food, Youth and Families

CDE(s): Cleveland Development Advisors

The Urban Community School, a private nonprofit K-8 school in a downtown Cleveland neighborhood, is expanding its campus to include substantial community benefits.

Madera Schools

Madera,
CA
(2021)

Schools

CDE(s): Central Valley NMTC

NMTC financing used for the construction of the Concurrent Enrollment Middle School and Career Technical Education building, 42,809 sq. ft. development comprised of: 6 labs for each of the pathways,

Pinckney Center – Waverly Hospital at Allen University

Columbia,
SC
(2021)

Community, Healthcare, Historic Rehabilitation, Housing, Mixed-use

CDE(s): South Carolina Community Loan Fund, The Reinvestment Fund

NMTC financing supported the adaptive reuse of a 50 year abandoned African American hospital which will be converted by Allen University, an HBCU, into a multi-use facility.