New Markets Tax Credit Coalition

Third Crop, LLC

A major investment project is driving industrial growth and employment in Crowley, LA

Investment

  • NMTC Amount: $4,000,000
  • Total Project Cost: $4,500,000

IMPACT

  • 87 FTE jobs
  • 16 jobs created and 71 jobs retained

Project Description

Third Crop mills rice paddies from local farmers in Louisiana into both white and brown rice to be sold by private label clients and by the company’s own label. the company’s growth has become constrained as the company’s packaging equipment has aged.This project provided the funding needed for Third Crop to purchase upgraded equipment needed for growth.

MAP

Address: 600 South Ave D, Crowley, LA 70526

Other Louisiana Projects

Abandoned automotive facility transformed into health center, empowering people to overcome addiction.

Renovation and adaptive reuse of a historic urban building into a 33,000 sq. ft. Federally Qualified Health Center (FQHC) with off-street parking for staff and patients. CrescentCare Mid-City will offer

NMTC financing supported 130 new jobs near Taylor, Louisiana.
Enhanced Capital is thrilled to partner with St. Augustine High School (St. Augustine) to provide financing through the Louisiana and federal New Markets Tax Credit (NMTC) program. Located in New