New Markets Tax Credit Coalition

Search
  • Grapevine,
  • TX
  • (2021)

TWG Supply, Inc.

District: Beth Van Duyne (R-TX24)

A $4 million project provided the company with working capital and restructured existing debt.

Investment

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

IMPACT

  • 13 FTE jobs
  • Jobs must exceed 1.2X the living wage in the region and offer quality benefits, which include, but not limited to medical insurance, paid time off, and wealth creation options.

CDEs

,

Investor

Project Description

TWG Supply is a tech-enabled distributor of airport aftermarket parts. The company has developed highly specialized knowledge of suppliers and individual parts needed to help airlines meet their safety requirements. The $4 million project provided the company with working capital and restructured existing debt.

As part of the Community Benefits Agreement, CDE requires the average wage of jobs retained and projected at the QALICB must exceed 1.2X the living wage in the region. The company must offer quality benefits, which include, but not limited to medical insurance, paid time off, and wealth creation options.

External Profile

MAP

Address: 1010 East Dallas Road, Grapevine, TX 76051

Census Tract: 48439113705

Missing information? Submit an update or correction.

Site Visits

Beth Van Duyne (R-TX) visits with Stonehenge and TWG Supply

Stonehenge Capital was honored to recently host Congresswoman Beth Van Duyne (TX-24) to discuss the bipartisan New Markets Tax Credit (NMTC) Program.
Learn more...
Oct-2022

Other Texas Projects

HOPE Clinic Health and Wellness Center
  • Houston,
  • TX
  • (2021)
  • CDE(s): Chase, PeopleFund NMTC, Primary Care Development Corporation
A FQHC established to provide quality healthcare services to all people in the Greater Houston area, regardless of the patient’s ability to pay.
Learn more..
HFCC Support / Towne Twin Village
  • San Antonio,
  • TX
  • (2022)
  • CDE(s): Accion Opportunity Fund, Capital Impact Partners, Dudley Ventures

This project serves the most vulnerable homeless people through a wide array of social, medical, and mental assistance. It will also provide 59 “Tiny Homes”, which will be permanent housing.

Learn more..
Lancaster Urban Village
  • Dallas,
  • TX
  • (2012)
  • CDE(s): Dallas Development Fund
The first of three residential, office and retail developments to take shape along the Lancaster corridor by City Wide Community Development Corp., which began assembling tracts along Lancaster corridor for
Learn more..
Hartmann’s
  • Abilene,
  • TX
  • (2020)
  • CDE(s): Prestamos CDFI
NMTC financing was used to finance the acquisition costs and working capital for an operating business in Abilene, TX.
Learn more..