Sierra Group

Blytheville,
AR
(2022)

Sierra Group

Business Development, Loan Fund

Redeployment of small dollar loan fund payments to a roofing company to purchase new equipment.

Investment

NMTC Amount: $500,000
Total Project Cost: $500,000

IMPACT

25 FTE jobs

CDEs

Heartland Renaissance Fund

Investor

Southern Bancorp

Project Description

Redeployment of small dollar loan fund payments to a roofing company to purchase new equipment.

MAP

Address: 101 West Walnut Street, Blytheville, AR 72315

Census Tract: 5093010100

Other Arkansas Projects

Scenic Hill Solar

Clarksville,
AR
(2018)

Community, Energy, Rural, Solar

CDE(s): Midwest Renewable Capital

Financing to construct an additional 2 megawatts in solar capacity, expanding an existing construction project from 5 MW to 7 MW.

Delta Memorial Hospital

Dumas,
AR
(2006)

Community, Healthcare, Hospitals and Emergency Services, Rural, Tornadoes

CDE(s): Hope Enterprise

NMTC financing to repair Delta Memorial Hospital, based in Dumas, AR, providing quality health care services to residents living in rural communities, throughout the Arkansas Delta.

Open Avenues

Rogers,
AR
(2011)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Youth and Families

CDE(s): Heartland Renaissance Fund

Open Avenues, a 501(c) that fosters independent living and work skills for disabled adults, used a $6.5 million New Market Tax Credit allocation to support financing of their new headquarters

Arkansas Math and Science School

Hot Springs,
AR
(2010)

Community, Schools

CDE(s): Heartland Renaissance Fund

New residential facilities have been constructed for the Arkansas School for Mathematics, Sciences and the Arts in Hot Springs.