Franklin County Biomass

Carnesville,
GA
(2015)

Franklin County Biomass

Community, Energy, Manufacturing, Rural

An Alabama company built two wood biomass plants in Northeast Georgia.

Investment

NMTC Amount: $26,375,000
Total Project Cost: $192,756,423

IMPACT

62 FTE jobs

CDEs

CEI Capital Management, Evernorth Rural Ventures, The Valued Advisor Fund, USBCDE

Investor

US Bank

Project Description

An Alabama company built two wood biomass plants in Northeast Georgia. One of the new facilities is in Franklin County.

MAP

Address: 3645 Highway 198, Carnesville, GA 30521

Census Tract: 13119890200

Other Georgia Projects

Mannington Mills 2 – Rigid Core

calhoun,
GA
(2019)

Business Development, Manufacturing, Rural

CDE(s): Local Initiatives Support Corporation, MuniStrategies, River Gorge Capital

The NMTC financed equipment purchase for a flooring manufacturer to bring a line of business onshore that is currently 100% imported from China.

Aerotropolis Atlanta

Atlanta,
GA
(2009)

Brownfield Remediation, Business Development, Manufacturing, Mixed-use

CDE(s): Atlanta Emerging Markets, Greenline Ventures

Acquisition, demolition and remediation of 122-acre Ford auto plant. Largest Brownfield project in Georgia, paved the way for redevelopment.

NeighborWorks Columbus Project 2

Columbus,
GA
(2022)

Affordable Housing

CDE(s): Community Housing Capital

A $6 million allocation will build 43 single-family homes, 56 multi-family homes and 130 units available for people 55 and older, in South Columbus, with 60% reserved for low-income buyers.

Community Care Center

Brunswick,
GA
(2012)

Behavioral Health, Community, Dental Services, Healthcare

CDE(s): Chase, Local Initiatives Support Corporation

The Local Initiatives Support Corporation, in partnership with Chase, provided $14.25 million in NMTCs to Southeast Georgia Health System’s Community Care Center.