Litehouse

New Markets Tax Credit Coalition

Danville,
VA
(2020)

Litehouse

Business Development, Manufacturing, Rural

Equipment financing for the expansion of a salad dressing manufacturer. Company expanded production to a add new equipment lines to increase volume of production and job creation at this location.

Investment

NMTC Amount: $16,000,000
Total Project Cost: $16,000,000

IMPACT

145 FTE jobs

CDEs

Danville Virginia CDE

Investor

Wells Fargo

Project Description

Equipment financing for the expansion of a salad dressing manufacturer. Company expanded production to a add new equipment lines to increase volume of production and job creation at this location.

MAP

Address: 145 Cane Creek Boulevard, Danville, VA 24540

Census Tract: 51590001301

Other Virginia Projects

Petersburg Library

Petersburg,
VA
(2013)

Community, Daycare and Early Childhood, Infrastructure, Library, Municipal Facilities, Youth and Families

CDE(s): Local Initiatives Support Corporation, Wells Fargo

A new 42,160 sq. ft. library in Petersburg, VA.

Richmond Times Dispatch Building

Richmond,
VA
(2020)

Business Development, Historic Rehabilitation, Mixed-use

CDE(s): Capital One, Virginia Community Development Fund

Renovation of the 166,276 SF, four-story Richmond Times Dispatch (RTD) building, consisting of a reconfigured and updated home for RTD personnel, a corporate headquarters for Shamin Hotels and additional office

River District Tower

DANVILLE,
VA
(2016)

Historic Rehabilitation, Housing, Mixed-use, Rural

CDE(s): Danville Virginia CDE

NMTC financing for River District Tower, a mixed-use project.

Pyramid Health Center

Lynchburg,
VA
(2008)

Adult Daycare, Community, Healthcare, Nursing Homes and Hospice

CDE(s): Local Initiatives Support Corporation

Two medical services facilities designed to provide services to the elderly and the medically under-served