DRC Industries

New Markets Tax Credit Coalition

Carrollton,
KY
(2017)

DRC Industries

Manufacturing

Investment

NMTC Amount: $4,500,000
Total Project Cost: $4,500,000

IMPACT

13 FTE jobs

CDEs

Community Development Venture Capital Alliance

Investor

Chase

Project Description

NMTC financing supported DRC Industries, a provider of custom packaging products, services, and solutions to a broad range of markets and industries.

MAP

Address: 252 West Jay Louden Road, Carrollton, KY 41008

Census Tract: 21041950200

Other Kentucky Projects

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Lexington,
KY
(2020)

Community, FQHCs, Grocery and Fresh Food, Healthcare, Mixed-use, Retail, Retail and Commercial

CDE(s): Community Hospitality Healthcare Services, USBCDE

Financing for a much-needed medical clinic and grocery store.

Sterling Health Care

Mount Sterling,
KY
(2022)

Behavioral Health, Community, FQHCs

CDE(s): Community Hospitality Healthcare Services

Community Hospitality Healthcare Services provided $15,000,000 in NMTC allocation to Sterling Health Center, Inc. for the construction of two new facilities in medically underserved areas in Kentucky. The new construction

Nemak Kentucky

Glasgow,
KY
(2022)

Auto Manufacturing, Business Development, Energy, Manufacturing, Rural, Tech Manufacturing

CDE(s): AMCREF Community Capital

NMTC financing supported facility upgrades of Nemak's Kentucky electric vehicle manufacturing plant.

Lousiville Urban League Sports & Learning Complex

Louisville,
KY
(2020)

Adult Education, College or Vocational Training, Community, Healthcare, Mixed-use, Nonprofit Hub, Recreation

CDE(s): Grow America, Telesis CDE Corporation, The Reinvestment Fund

The Louisville Urban League Sports & Learning Complex is a $52.22 MM development on a former 24-acre tobacco processing and storage facility in the west end of Louisville.