New Markets Tax Credit Coalition

Search

West Texas Food Bank

NMTC financing supported new construction of a 11,150 sq. ft. facility for food bank education and programming, food storage, and distribution.

Investment

  • NMTC Amount: $5,900,000
  • Total Project Cost: $6,785,000

IMPACT

  • 5 FTE jobs
  • 80 construction jobs
  • 11,150 sq. ft. of real estate

Investor

Project Description

NMTC financing supported new construction of a 11,150 sq. ft. facility for food bank education and programming, food storage, and distribution.

MAP

Address: 1601 West Cliff Drive, Midland, TX 79703

Census Tract: 48329000401

Other Texas Projects

In September 2020, STA opened its corporate headquarters and state-of-the-art, in-house recovery center in Dallas.

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.

The Houston Food Bank utilized NMTC financing to rehabilitate and add space to their current properties and to move the location of their kitchen to this updated site in order
Financing to acquire, develop, construct and lease certain improvements on a campus providing services for persons with intellectual and developmental disabilities.