H-E-B Grocery

Investment

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

IMPACT

  • 124 FTE jobs
  • 96 construction jobs

Investor

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

Other Texas Projects

Finances the reimbursement of acquisition costs and additional improvements of the Hendrick Medical Center Brownwood, a 253,500 sq. ft., 188-bed acute care facility. T
The NMTC helps finance Austin Habitat’s new 126-unit affordable homeownership development and spur local investment in a highly distressed community.
Coastal Bend Food Bank, a nonprofit providing emergency food assistance across an eleven-county service area in South Texas, constructed an approximately 108,200 sq. ft. warehouse and distribution center to increase
NMTC financing for a 60,000 square foot life sciences and research facility which includes 39,830 square feet of office area and 8,621 of wet and dry labs.