H-E-B Grocery

New Markets Tax Credit Coalition

Carrizo Springs,
TX
(2012)

H-E-B Grocery

Grocery and Fresh Food

Investment

NMTC Amount: $18,130,000
Total Project Cost: $19,515,807

IMPACT

124 FTE jobs
96 construction jobs

CDEs

TransPecos Development Corp

Investor

Chase

Project Description

Carrizo Springs, Texas, is a historically distressed, rural area with a high poverty rate and an unemployment rate almost one and a half times the national average. H-E-B is the only grocery store serving this and several surrounding communities. Chase Community Development Banking provided $5.7 million in financing for H-E-B to expand their offerings and modernize their current facility in Carrizo Springs, adding 28 new full-time jobs and 43 new part time positions.

MAP

Address: 400 North Fifth Street, Carrizo Springs, TX 78834

Census Tract: 48127950200

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