New Markets Tax Credit Coalition

Search
  • Woodville,
  • MS
  • (2020)

Fred Netterville Lumber

District: Bennie Thompson (D-MS02)

Netterville’s mill was damaged extensively by fire and was seeking capital to restore capacity and rebuild more efficiently, reducing energy usage by 45%.

Investment

  • NMTC Amount: $6,000,000
  • Total Project Cost: $22,061,095

IMPACT

  • 70 FTE jobs

CDEs

Investor

Project Description

Netterville Lumber is a family owned and operated hardwood lumber mill founded in 1968 and is the largest employer for this rural Persistent Poverty County. Netterville’s mill was damaged extensively by fire and was seeking capital to restore capacity and rebuild more efficiently, reducing energy usage by 45%.

External Profile

MAP

Address: 3975 Buffalo Road, Woodville, MS 39669

Census Tract: 28157950100

Missing information? Submit an update or correction.

Other Mississippi Projects

Tippah County Hospital
  • Ripley,
  • MS
  • (2020)
  • CDE(s): Capital One, Hope Enterprise, MuniStrategies, Three Rivers CDE
A new hospital boosts the health of a medically underserved rural Mississippi community
Learn more..
Chocktaw Hotel
  • Philadelphia,
  • MS
  • (2007)
  • CDE(s): National Tribal Development Association

A new hotel was financed on Choctaw lands to create jobs and economic development after the devastation of Katrina.

Learn more..
Montfort Jones Memorial Hospital
  • Kosciusko,
  • MS
  • (2019)
  • CDE(s): Community Hospitality Healthcare Services
The renovation and expansion of the Montfort Jones Memorial Hospital which provides critical healthcare services to an extremely rural, medically underserved population in Mississippi.
Learn more..
Habitat for Humanity, Gulf Coast Affiliates
  • Gulfport,
  • MS
  • (2009)
  • CDE(s): National New Markets Fund
The Habitat Homes Project provided support to Habitat for Humanity affiliates located in Metro Jackson and in the Mississippi Gulf Coast areas of Mississippi.
Learn more..