Revitalizing Rural America (2003-2014)

The CDFI Fund targets 20 percent of NMTC allocation awards to non-metropolitan counties. Thus, the impact in rural America is significant. Between 2003 and 2014:

  • 817 businesses, community facilities, and other important revitalization projects financed.
  • $6.15 billion in NMTC allocation generated $11.6 billion in total project costs.
  • NMTC projects generated 49,940 full-time jobs and 21,706 construction jobs.

Below are a few stories of how small towns and farming communities put NMTC capital to work through manufacturing expansions, timber and forestry projects, hospitals, and community facilities.

Rural Manufacturing Stories

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The NMTC: A Big Deal for Rural America Our July 2017 report analyzed both CDFI Fund transaction data and NMTC Coalition survey data.

Rural Community Facilities

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Timber and Forestry Stories
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More Rural Projects

Hitchcock’s Market

Hitchcock's Market
Project City:
Old Town,
Project State:
FL
Project Year:
(2013)
In rural Dixie County, Florida, there was only one grocery store, and its 30-year old building had become run down. With NMTC financing, Hitchcock's Market, a small regional chain, built ...
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Batesland Elementary School

Batesland Elementary School
Project City:
Batesland,
Project State:
SD
Project Year:
(2011)
This project has created the funding to expand and rehabilitate a second elementary school project on the Pine Ridge Indian Reservation in Batesland, South Dakota. The current Batesland school is ...
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East Texas Physician’s Alliance

East Texas Physician's Alliance
Project City:
Palestine,
Project State:
TX
Project Year:
(2008)
Construction and permanent financing for a 37,100 square foot medical clinic and office building . The clinic includes imaging services, a lab, physical therapy clinic, outpatient cardiac care assessment, and ...
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Stigler Health and Wellness

Stigler Health and Wellness
Project City:
Stigler,
Project State:
OK
Project Year:
(2008)
Stigler, Oklahoma is located in eastern rural Oklahoma with a population of 2,731 and serves as the county seat of Haskell County. In 2002, the community implemented a plan to ...
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Navajo Tribal Authority Administrative Building

Navajo Tribal Authority Administrative Building
Project City:
Chinle,
Project State:
AZ
Project Year:
(2010)
Not a trace of mold that closed Administration Building No. 1 exists. Neither do the dim lighting, dusty feelings and any indication that this was built 30 years ago. Now, ...
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TDC Cutting Tools

TDC Cutting Tools
Project City:
Seneca,
Project State:
SC
Project Year:
(2015)
TDC Cutting Tools, Inc., one of the world’s leading manufacturers of cutting tools, established its overseas headquarters in Oconee County, S.C. at the same site as its subsidiary, Greenfield Industries ...
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Tulare Youth Service Bureau

Tulare Youth Service Bureau
Project City:
Tulare,
Project State:
CA
Project Year:
(2007)
Tulare Youth Service Bureau (TYSB) opened in 1971 as a "drop-in center" for at risk youth. Originally named, Operation Helping Hand, in its first decade, TYSB expanded to provide services ...
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Arroyo Crossing

Arroyo Crossing
Project City:
Moab,
Project State:
UT
Project Year:
(2019)
Moab Area Community Land Trust is sponsoring the construction of subdivision infrastructure (streets, sidewalks, curbs, sewer and water lines, gas and electrical and storm water drainage) to support the development ...
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Pikeville College School Of Osteopathic Medicine

Pikeville College School Of Osteopathic Medicine
Project City:
Pikeville,
Project State:
KY
Project Year:
(2011)
Pikeville University is in Kentucky’s rural, eastern-most Appalachian county. With a 33.5 percent poverty rate and a median family income of only 64.2 percent of the national average, Pike County ...
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Lexington Regional Health Center 

Lexington Regional Health Center 
Project City:
Lexington,
Project State:
NE
Project Year:
(2015)
Lexington Regional Health Center (“LRHC”) opened as Tri-County Hospital in September of 1976. The hospital began with seven patients, 40 beds, five physicians, one PA, a board-certified surgeon, and visiting ...
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Southeast Georgia Blueberry

Southeast Georgia Blueberry
Project City:
Douglas,
Project State:
GA
Project Year:
(2010)
Southeast Georgia Blueberry, LLC is a blueberry processing venture located in Douglas, Georgia, a rural, economically distressed community. In 2009, two large poultry industry employers in the region closed their ...
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Danimer Bioplastics

Danimer Bioplastics
Project City:
Bainbridge,
Project State:
GA
Project Year:
(2013)
Danimer is an innovative manufacturer of sustainable, renewable plastic products, primarily for the consumer food packaging industry. Danimer provides skilled jobs in a rural, economically depressed community. Traditional plastic products ...
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ACT Aerospace

ACT Aerospace
Project City:
Gunnison,
Project State:
UT
Project Year:
(2016)
ACT Aerospace: ACT Aerospace is a manufacturer specializing in composite design, analysis and production for the military and commercial aerospace industries. Providing full engineering support, ACT Aerospace offers full tooling ...
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Vestil, LLC

Vestil, LLC
Project City:
Angola,
Project State:
IN
Project Year:
(2018)
Vestil is a manufacturer and distributor of material handling products including loading dock equipment, packaging equipment, steel hoppers, fork truck attachments, industrial ladders, industrial carts and dollies, and protective barriers ...
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First Impressions Dental

First Impressions Dental
Project City:
Rhindelander,
Project State:
WI
Project Year:
(2010)
Four pediatric dentists expand dental services in rural Wisconsin. First Impressions is the largest provider of Pediatric dentistry services to Medicaid recipients. “As we’ve grown we remain committed to the ...
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Westervelt Pellets

Westervelt Pellets
Project City:
Aliceville,
Project State:
AL
Project Year:
(2012)
The project involved the financing for construction of a new wood pellet manufacturing facility. CEI Capital Management LLC was just one contributor of NMTC to the Aliceville, Ala. wood pellet ...
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Blue Ridge Medical Center

Blue Ridge Medical Center
Project City:
Arrington,
Project State:
VA
Project Year:
(2011)
In 2011, the use of NMTCs combined with a Health Resources and Services Administration (HRSA) grant enabled the construction of a $7.2 million medical center and dental clinic which provide ...
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Lakota Tech

Lakota Tech
Project City:
Pine Ridge,
Project State:
SD
Project Year:
(2019)

Lyme Mountaineer

Lyme Mountaineer
Project City:
Multi-county,
Project State:
WV
Project Year:
(2018)
For over 40 years, The Lyme Timber Company LP (“Lyme”) has invested in US timberland. It partners with rural communities to sustainably manage working forestland, often resulting in a range ...
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Franklin County Biomass

Franklin County Biomass
Project City:
Carnesville,
Project State:
GA
Project Year:
(2015)
An Alabama company built two wood biomass plants in Northeast Georgia. One of the new facilities is in Franklin County ...
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Leprino Foods Company

Leprino Foods Company
Project City:
Roswell,
Project State:
NM
Project Year:
(2018)
Albtertsons - United Supermarkets, LLC: Business, government and civic leaders helped break ground Monday for a new Albertsons Market at 808 N. Canal in Carlsbad. The new construction will replace ...
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Peterson Farms

Peterson Farms
Project City:
Lansing,
Project State:
MI
Project Year:
(2020)
The Michigan Commission of Agriculture and Rural Development today approved a $135,000 performance-based Food and Agriculture Investment Fund grant to Peterson Farms, located in Shelby, Michigan. Already Oceana County’s largest ...
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Summer Town Estates

Summer Town Estates
Project City:
Dededo,
Project State:
GU
Project Year:
(2016)
CBO Financial funded $5.0M in New Markets Tax Credit financing for the Summer Town Estates Commercial Center. The Center offers commercial goods and social services that improve the quality of ...
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The Ko-Kwel Wellness Center

The Ko-Kwel Wellness Center
Project City:
Coos Bay,
Project State:
OR
Project Year:
(2020)
The Ko-Kwel Wellness Center will be a 22,000-square-foot building on the tribe’s Kilkich Reservation near Charleston. When it opens next year, the $12 million center will offer primary care, dental ...
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Longleaf Machining

Longleaf Machining
Project City:
Atmore,
Project State:
AL
Project Year:
(2016)
With more than ten years industry experience and a handful of employees, Longleaf has achieved major goals as a successful machine shop producing top quality parts with on-time deliveries. Located ...
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Brooks House

Brooks House
Project City:
Brattleboro,
Project State:
VT
Project Year:
(2011)
Vermont Rural Ventures partnered with the Massachusetts Housing Investment Corporation, to provide $23.4 million in New Markets Tax Credit authority to redevelop and restore the historic circa 1871 Brooks House, ...
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Associated Hardwoods

Associated Hardwoods
Project City:
Gaffney,
Project State:
SC
Project Year:
(2014)
Associated Hardwoods is a family-owned lumber company specializing in wholesale lumber, specialized lumber, trucking, planed & ripped-to-width, plywood processing, and more. The company will utilize the NMTC funding to build ...
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Steel Warehouse of OH – Warren

Steel Warehouse of OH - Warren
Project City:
Warren,
Project State:
OH
Project Year:
(2019)

LaGrange College

LaGrange College
Project City:
Lagrange,
Project State:
GA
Project Year:
(2016)
The $21 million science complex LaGrange College comprises two buildings: the newly constructed, $17 million, 43,000-square-foot Ida Callaway Hudson Lab Sciences Building and, across the street, the 45-year-old, 27,000-square-foot Cason ...
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NuFarm

NuFarm
Project City:
Greenville,
Project State:
MS
Project Year:
(2020)

Hope Street

Hope Street
Project City:
Montpelier,
Project State:
VT
Project Year:
(2007)
Vermont Rural Ventures provided $12.7 million of New Markets Tax Credit authority to renovate the Vermont College of Fine Arts' campus and strengthen its position as a national center for ...
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Peterson Farms

Peterson Farms
Project City:
Shelby,
Project State:
MI
Project Year:
(2019)
The Peterson Farms project involved equipment purchase and installation for four capacity expansions to allow the company to continue to grow in Shelby, Michigan rather than move to another state, ...
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Audubon Metals

Audubon Metals
Project City:
Corsicana,
Project State:
TX
Project Year:
(2020)
Corsicana will soon be the location of a new manufacturing facility for an aluminum producer and metals processor, Audubon Metals, LLC. The announcement of the 100 jobs and $50 million ...
Read More

Rural Grocery Stores

Rural Grocery Stores
Project City:
McCall,
Project State:
ID
Project Year:
(2018)
This project is the rehabilitation of two rural grocery stores located in food deserts in small towns in Idaho and Montana ...
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Cobblestone Hotel Torrington

Cobblestone Hotel Torrington
Project City:
Torrington,
Project State:
WY
Project Year:
(2018)
A rural hotel and meeting space being built on a downtown lot that has been vacant for over a decade. The project will help support local businessses and the downtown ...
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Continental Divide Electric Cooperative Broadband Project

Continental Divide Electric Cooperative Broadband Project
Project City:
Grants,
Project State:
NM
Project Year:
(2017)
Currently, residents and owners of approximately 24,000 homes and business in Grants and the surrounding area have no broadband internet option and rely on satellite internet, the speed of which ...
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Lindsey Wilson College

Lindsey Wilson College
Project City:
Columbia,
Project State:
KY
Project Year:
(2006)
Lindsey Wilson College (LWC) has undergone the most dramatic transformation in the college’s 109-year history. The $39 million expansion includes: the 73,223-square-foot Doris and Bob Holloway Health & Wellness Center; ...
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Talladega College

Talladega College
Project City:
Talladega,
Project State:
AL
Project Year:
(2018)
Talladega College will construct a new 45,780-square-foot student center and health clinic, which will include a bookstore, dining hall, convenience/grocery store, cafeteria, fitness center, student meeting and classroom space and ...
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Danimer Scientific Kentucky Inc

Danimer Scientific Kentucky Inc
Project City:
Winchester,
Project State:
KY
Project Year:
(2019)

AGCO

AGCO
Project City:
Jackson,
Project State:
MN
Project Year:
(2011)
AGCO is a leading global manufacturer of agricultural equipment, offering a full line of tractors, combines, hay tools, sprayers, and forage and tillage equipment, which are distributed in more than ...
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Lancaster Patient Care Center at Weeks Medical Center

Lancaster Patient Care Center at Weeks Medical Center
Project City:
Lancaster,
Project State:
NH
Project Year:
(2018)
New construction 45,000 square-foot addition to a medical facility to increase services of the rural health clinic and critical access hospital in a medically underserved area ...
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Mid River Terminal

Mid River Terminal
Project City:
Osceola,
Project State:
AR
Project Year:
(2014)
New Markets Tax Credits are helping to revive a rural community in Northeastern Arkansas, providing the necessary capital for a highly distressed river town to turn the corner. Osceola, Arkansas, ...
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Stirling Ultracold

Stirling Ultracold
Project City:
Athens,
Project State:
OH
Project Year:
(2018)

Thomasville Regional Medical Center

Thomasville Regional Medical Center
Project City:
Thomasville,
Project State:
AL
Project Year:
(2018)
Thomasville Regional Medical Center, LLC (TRMC), in partnership with the City of Thomasville, is constructing, developing, and operating a $44.3 million, 68,320 SF new hospital in rural Thomasville, Alabama (the ...
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Carstin Kitchen and Bath Surfaces

Carstin Kitchen and Bath Surfaces
Project City:
Arthur,
Project State:
IL
Project Year:
(2017)
Financing for a manufacturer and fabricator of kitchen and bath countertops, vanities and cabinets ...
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American SprialWeld Pipe Co.

American SprialWeld Pipe Co.
Project City:
Stoughton,
Project State:
MA
Project Year:
(2018)
The project involves the new construction and equipping of a $62.8M, 275,000 SF spiral welded pipe manufacturing plant in rural Paris, Texas. The project will create 150 full time jobs ...
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Minnewaukan Public School

Minnewaukan Public School
Project City:
Minnewaukan,
Project State:
ND
Project Year:
(2012)
The Minnewaukan Public School District No. 5 needed to relocate its school building because it was continuously threatened by the rising water levels of the adjacent Devils Lake in Minnewaukan, ...
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Brown Precision South Alabama

Brown Precision South Alabama
Project City:
Atmore,
Project State:
AL
Project Year:
(2016)
Huntsville-based Brown Precision Inc. opened a new $7 million manufacturing facility in Atmore. The new facility created more than 100 new jobs. The company, which was founded in 1964, performs ...
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Mondanock Food Co-op

Mondanock Food Co-op
Project City:
Keene,
Project State:
NH
Project Year:
(2019)

Terra NW

Terra NW
Project City:
Anchorage,
Project State:
AK
Project Year:
(2011)
The Alaska telecommunications provider, GCI, completed Phase 1 of the TERRA-NW broadband service in December and started transmitting commercial traffic on Jan. 3, 2013. Travois New Markets used a portion ...
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Almond Bros Lumber Co

Almond Bros Lumber Co
Project City:
Coushatta,
Project State:
LA
Project Year:
(2014)
Financing for a sawmill in Coushatta, Louisiana ...
Read More

Phillips Wharf Environmental Center

Phillips Wharf Environmental Center
Project City:
Tilghman,
Project State:
MD
Project Year:
(2017)
Purchase of an oyster aquaculture business by a nonprofit to form an oyster farming apprenticeship program ...
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AVAPCO

AVAPCO
Project City:
Thomaston,
Project State:
GA
Project Year:
(2014)
The AVAPCO project consists of the acquisition, expansion and leasing of an existing biomass research, development, and demonstration facility located in Thomaston, Georgia. The expansion will enhance the production capabilities ...
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AMC Woods

AMC Woods
Project City:
Piscataquis County,
Project State:
ME
Project Year:
(2005)

Mannington Mills

Mannington Mills
Project City:
Calhoun,
Project State:
GA
Project Year:
(2019)
Mannington Mills, Inc. specializes in manufacturing residential and commercial sheet vinyl, luxury vinyl, carpet, and laminate/hardwood flooring. The project will include acquiring and renovating a distribution center in the small ...
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Arisa Aviation

Arisa Aviation
Project City:
Enterprise,
Project State:
AL
Project Year:
(2014)
Alabama Aircraft Support, since renamed Arista Aviation, constructed a new 60,000 square foot hanger outfitted with the latest equipment and technology necessary to provide Maintenance Repair and Overhaul (MRO) services ...
Read More

Norfolk Medical Office Building

Norfolk Medical Office Building
Project City:
Norfolk,
Project State:
NE
Project Year:
(2018)
A $10 million state & $5.3 million federal NMTC financing to construct a new 83,493 square foot medical office complex, offering a wide variety of medical services not otherwise found ...
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Kalispel Tribe Wastewater Treatment and Buffalo Preserve

Kalispel Tribe Wastewater Treatment and Buffalo Preserve
Project City:
Usk,
Project State:
WA
Project Year:
(2014)
The new facility provides immediate cost savings and prevents emergency overflows and environmental contamination. Additionally, with the modern facility in place, the Tribe can continue the growth and development of ...
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Chroma Technologies

Chroma Technologies
Project City:
Bellow Falls,
Project State:
VT
Project Year:
(2017)

Koyukuk Elder Assisted Living Facility

Koyukuk Elder Assisted Living Facility
Project City:
Galena,
Project State:
AK
Project Year:
(2011)
The Yukon-Koyukuk Elder Assisted Living Facility (YKEALF) recently received substantial economic help as U.S. Bancorp Community Development Corporation (USBCDC), a wholly-owned subsidiary of U.S. Bank, and Travois New Markets, a ...
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Meredian Bioplastics

Meredian Bioplastics
Project City:
Bainbridge,
Project State:
GA
Project Year:
(2012)
THE PROJECT: Meredian Bioplastics, Inc. (Meredian) is a green technology company that uses byproducts of the timber and agricultural industry to create bioplastics. These plastics are an environmentally friendly, biodegradable ...
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Mirac, Inc

Mirac, Inc
Project City:
West Union,
Project State:
OH
Project Year:
(2018)
AA $7.55 million investment in Mirac, Inc., a rural Ohio-based electronics assembly and fabrication company with locations in Lynchburg and West Union, that will help keep jobs in rural Ohio ...
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Boys and Girls Club of Puerto Rico

Boys and Girls Club of Puerto Rico
Project City:
Multiple Cities,
Project State:
PR
Project Year:
(2019)
Investor: Capital One, N.A. For more than 50 years, the Boys & Girls Club of Puerto Rico (BGCPR) has provided after school programs and services to children and youth ages ...
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Platte Valley Distillers

Platte Valley Distillers
Project City:
Lexington,
Project State:
NE
Project Year:
(2016)
Platte Valley Distillers (PVD) has a license to utilize a patented process for the production of feed cubes and pellets from distillers grain that stays compact with no binders/fillers, transports ...
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Synergy Solutions

Synergy Solutions
Project City:
Cordele,
Project State:
GA
Project Year:
(2014)
Synergy Solutions, Cellulosic ethanol plant and recycling center: Synergy reopened and modernized an shuttered recycling facility to provide 1) municipal waste recycling, and 2) ethanol produced from expired sugar-based beverages, ...
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Super-Pufft Snacks USA

Super-Pufft Snacks USA
Project City:
Perry,
Project State:
FL
Project Year:
(2019)

Voormi

Voormi
Project City:
Pagosa Springs,
Project State:
CO
Project Year:
(2018)
BACKGROUND Pagosa Springs is a 2,000 resident southern Colorado town nestled in the San Juan Mountain range and surrounded by two million acres of national forest. Local median income is ...
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Rocky Boy Health Center

Rocky Boy Health Center
Project City:
Box Elder,
Project State:
MT
Project Year:
(2019)

Darke Career and Life Enrichment Center

Darke Career and Life Enrichment Center
Project City:
Greenville,
Project State:
OH
Project Year:
(2019)
Acquisition and rehabilitation of commercial real estate. Tenant provides services for individuals with disabilities. Will provide 13,520 services annually to clients with disabilities ...
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Navajo Tribal Utility Authority Electrical Substations

Navajo Tribal Utility Authority Electrical Substations
Project City:
Shiprock,
Project State:
NM
Project Year:
(2009)
Working with U.S. Bancorp Community Development Corporation (USBCDC) as the investor and The Navajo Tribal Utility Authority (NTUA) as leverage lender, Travois New Markets used $6.4 million in allocation to ...
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St. Croix Chippewa Indians

St. Croix Chippewa Indians
Project City:
Webster,
Project State:
WI
Project Year:
(2018)
St. Croix Chippewa Indians - Judicial Center - This complex deal was years in the making. It provides refinancing of existing gaming debt, loans for new economic development project construction, ...
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Jones County School

Jones County School
Project City:
Trenton,
Project State:
NC
Project Year:
(2017)
The construction of a new K-12 public school for the public school district of Jones County, North Carolina. The Jones County School District (JCSD) is constructing a new K-12 public ...
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Habitat for Humanity, Buena Vista City

Habitat for Humanity, Buena Vista City
Project City:
Buena Vista City,
Project State:
VA
Project Year:
(2010)
Construction of affordable, for sale housing ...
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Mar-Jac Poultry AL

Mar-Jac Poultry AL
Project City:
Phil Campbell,
Project State:
AL
Project Year:
(2016)
Mar-Jac is a fully integrated poultry production company operating in GA, AL, and MS. Mar-Jac was established in 1954 and has been supplying high quality poultry products ever since. Mar-Jac ...
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Coos Historical and Maritime Museum

Coos Historical and Maritime Museum
Project City:
North Bend,
Project State:
OR
Project Year:
(2013)
In 1891, citizens of Coos County, Oregon formed the Historical Society. This act has led to the donation of over 50,000 artifacts and 250,000 images, housed in the Coos History ...
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Atchison YMCA

Atchison YMCA
Project City:
Atchison,
Project State:
KS
Project Year:
(2016)
Atchison, Kansas, approximately 45 minutes northwest of Kansas City, Missouri, is a rural community of 11,000 residents. Historically, Atchison County ranks as one of the unhealthiest in the State of ...
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National Comedy Center

National Comedy Center
Project City:
Jamestown,
Project State:
NY
Project Year:
(2017)
Redevelop several properties into a 33,000 sf facility designed to be a national attraction based on comedy ...
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Integrated 3D LLC

Integrated 3D LLC
Project City:
The Dalles,
Project State:
OR
Project Year:
(2014)
Integrated 3D is focused on the industrial production of 3D and advanced manufacturing technologies. Using the latest in production-capable additive laser sintering technology machinery, the company manufactures structural integrity for ...
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Lancaster Energy Partners

Lancaster Energy Partners
Project City:
Thomaston,
Project State:
GA
Project Year:
(2013)
Located in the State of Georgia, historically underserved in the NMTC Program, the Lancaster Energy Partners Project consists of the acquisition and retrofitting of a former coal fired power plant ...
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Arapaho Childcare & Healthcare

Arapaho Childcare & Healthcare
Project City:
Riverton,
Project State:
WY
Project Year:
(2018)
Located on the Wind River Reservation, this project is the development of a medical clinic and childcare clinic in a rural medically underserved area that will enhance existing and provide ...
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The Center for Nursing and Rehabilitation

The Center for Nursing and Rehabilitation
Project City:
Hoosick Falls,
Project State:
NY
Project Year:
(2017)
The purchase and improvement of real estate that is leased to a hospital as a medical office building, bringing accessible health care to a rural community. Financing was provided by ...
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Pure Flavor

Pure Flavor
Project City:
Fort Valley,
Project State:
GA
Project Year:
(2017)
Construction of an approximately 25 acre greenhouse development to help keep up with demand for hothouse vegetables which has steadily increased over the last 10 years. - Processing Plant - ...
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Ashlar Medical, LLC

Ashlar Medical, LLC
Project City:
Natchitoches,
Project State:
LA
Project Year:
(2014)
Financing for a manufacturer and wholesaler of medical testing equipment ...
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Phoenix Packaging

Phoenix Packaging
Project City:
Dublin,
Project State:
VA
Project Year:
(2018)

Our Health Community Services Complex Phase 2

Our Health Community Services Complex Phase 2
Project City:
Winchester,
Project State:
VA
Project Year:
(2008)
Description Our Health Community Services Complex Phase II involved the rehabilitation of an historic facility that expanded the provision of public and private health and social services available to residents ...
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Carstin Brands LLC

Carstin Brands LLC
Project City:
Arthur,
Project State:
IL
Project Year:
(2014)

Smith County Memorial Hospital

Smith County Memorial Hospital
Project City:
Smith Center,
Project State:
KS
Project Year:
(2018)
The new Smith County Memorial Hospital and Family Practice opened Aug. 5 in Smith Center, Kan. The 60,000-square-foot building took 16 months to construct and the new facility will include ...
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Habitat for Humanity, Gulf Coast Affiliates

Habitat for Humanity, Gulf Coast Affiliates
Project City:
Gulfport,
Project State:
MS
Project Year:
(2009)
Affordable For-Sale Single Family Housing: The Habitat Homes Project provided support to Habitat for Humanity (HFH) affiliates located in Metro Jackson and in the Mississippi Gulf Coast areas of Mississippi ...
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Red Lake Trading Post

Red Lake Trading Post
Project City:
Red Lake,
Project State:
MN
Project Year:
(2018)
Red Lake Inc., an economic development enterprise of the Red Lake Band of Chippewa Indians, and its subsidiary, Red Lake Retail, are building a new grocery store to better serve ...
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Delta Memorial Hospital

Delta Memorial Hospital
Project City:
Dumas,
Project State:
AR
Project Year:
(2006)
The Delta Memorial Hospital, based in Dumas, Arkansas, has a long history of providing quality health care services to residents living in rural communities, throughout the Arkansas Delta. Over time, ...
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HopeWorks Station II

HopeWorks Station II
Project City:
Everett,
Project State:
WA
Project Year:
(2018)

Travelers Hotel

Travelers Hotel
Project City:
Clarksdale,
Project State:
MS
Project Year:
(2018)
Received $1,250,000 loan to takeout a construction loan for the rehabilitation of historic hotel in Clarksdale, MS to be run by an artist co-op. In 2018, the Travelers Hotel opened ...
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Karuk Services Expansion

Karuk Services Expansion
Project City:
Happy Camp,
Project State:
CA
Project Year:
(2018)
The Karuk Tribe constructed a 4,800 sq ft family services center in Happy Camp, California. The center houses many tribal programs including cash aid, behavioral and substance abuse counseling, job ...
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La Posada Pintada

La Posada Pintada
Project City:
Bluff,
Project State:
UT
Project Year:
(2015)
Financing for the expansion of La Posada Pintada, a family-owned inn in Bluff, where traditional sources of financing have been hard to obtain for small-business owners in the rural community ...
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Butte Ace Hardware

Butte Ace Hardware
Project City:
Butte,
Project State:
MT
Project Year:
(2018)
This rural Montana hardware store is doubling their current size by building on a former dumpsite allowing them to expand commercial goods and services offered and create accessible jobs ...
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Renaissance Village

Renaissance Village
Project City:
Welch,
Project State:
WV
Project Year:
(2019)

AAON Longview

AAON Longview
Project City:
Longview,
Project State:
TX
Project Year:
(2019)
a leading manufacturer of heating and cooling products, today announced a New Markets Tax Credit (NMTC) allocation for its new facility expansion at the Longview, Texas manufacturing plant. AAON received ...
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Winston Plywood

Winston Plywood
Project City:
Louisville,
Project State:
MS
Project Year:
(2015)
In 2009, Georgia Pacific operated a large plywood lumber mill in Louisville Mississippi.  At the time, it was the largest employer in Louisville, located in east central Mississippi.  Louisville was, ...
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Design Team Sign Company

Design Team Sign Company
Project City:
Adamsville,
Project State:
TN
Project Year:
(2018)
In 2018, HRV provided $7 million of its New Markets Tax Credit (NMTC;) allocation to Design Team Sign Company, LLC (DTS;), a family-owned manufacturing facility that provides design, manufacturing, millwork ...
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Silicon Ranch, Selmer

Silicon Ranch, Selmer
Project City:
Selmer,
Project State:
TN
Project Year:
(2015)
On June 15, 2017, Pickwick Electric Cooperative (PEC), Tennessee Valley Authority (TVA), McNairy County Industrial Development Board, and Silicon Ranch officially commissioned and turned on a 10 MWDC solar energy ...
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Nueske’s Meats

Nueske's Meats
Project City:
Wittenberg,
Project State:
WI
Project Year:
(2016)
This project involved expanding a facility for meat a manufacturer. Nueske's Meats is a third-generation family owned business, manufacturing award winning applewood smoked meats. Expanding the manufacturing space retained 135 ...
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DAK Americas LLC

DAK Americas LLC
Project City:
Richmond,
Project State:
IN
Project Year:
(2019)

Community Health & Wellness Center of Greater Torrington

Community Health & Wellness Center of Greater Torrington
Project City:
Torrington,
Project State:
CT
Project Year:
(2013)
The Community Health & Wellness Center (CHWC) of Greater Torrington received $1 million in financing to help it better address the region’s opioid crisis. CHWC will use the money to ...
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American SprialWeld Pipe Co.

American SprialWeld Pipe Co.
Project City:
Paris,
Project State:
TX
Project Year:
(2018)
The project involves the new construction and equipping of a $62.8M, 275,000 SF spiral welded pipe manufacturing plant in rural Paris, Texas. The project will create 150 full time jobs ...
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Blackwell Hospital

Blackwell Hospital
Project City:
Blackwell,
Project State:
OK
Project Year:
(2019)

Rocky Mountain Instrument Co.

Rocky Mountain Instrument Co.
Project City:
Lafayette,
Project State:
CO
Project Year:
(2017)

North Carolina Renewable Power-Lumberton, LLC

North Carolina Renewable Power-Lumberton, LLC
Project City:
Lumberton,
Project State:
NC
Project Year:
(2015)
NCRP will retrofit an existing dormant coal-fired power plant to a renewable energy power plant utilizing biomass, in particular, poultry litter and wood waste: NC Renewable Power (NCRP) retrofit a ...
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Tippah County Hospital

Tippah County Hospital
Project City:
Ripley,
Project State:
MS
Project Year:
(2020)

Continental Divide Electric Cooperative, Inc.

Continental Divide Electric Cooperative, Inc.
Project City:
Grants,
Project State:
NM
Project Year:
(2018)
Continental Divide Electric serves 24,088 consumers living in Bernalillo, Cibola, McKinley, Sandoval and Valencia counties. The company owns 3,998 miles of distribution line ...
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Laraway Youth & Family Services

Laraway Youth & Family Services
Project City:
Johnson,
Project State:
VT
Project Year:
(2011)
Vermont Rural Ventures awarded a portion of its allocation of federal New Markets Tax Credits to provide a financing to Laraway Youth and Family Services for its new, 39-acre campus ...
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Excel Boats

Excel Boats
Project City:
Mountain View,
Project State:
AR
Project Year:
(2015)
Excel Boats - Boat Manufacturing: Excel Boats is the country’s premier aluminum boat manufacturer that caters to outdoor enthusiasts. When our business picked up in 2014 following the Great Recession, ...
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Spruce Pine Community Health Center

Spruce Pine Community Health Center
Project City:
Spruce Pine,
Project State:
NC
Project Year:
(2014)
The NMTC project involves the construction of a 30,000-square foot, stand-alone medical office building and ambulatory care center on the southeast corner of the Blue Ridge Regional Hospital ("BRRH" or ...
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West Liberty Tornado Recovery

West Liberty Tornado Recovery
Project City:
West Liberty,
Project State:
KY
Project Year:
(2013)
In 2012, West Liberty, Kentucky was literally destroyed by a series of E-3 tornadoes. It was left “virtually unrecognizable” with six deaths and 75 injuries as winds of greater than ...
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Fort Peck Montana

Fort Peck Montana
Project City:
Poplar,
Project State:
MT
Project Year:
(2014)
Montana Community Development Corporation (Montana CDC) completed its first New Markets Tax Credit (NMTC) transaction in Indian Country to finance a new government administration building on the Fort Peck Reservation ...
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Martinsville Clean Energy Plant

Martinsville Clean Energy Plant
Project City:
Martinsville,
Project State:
VA
Project Year:
(2017)
The Martinsville Clean Energy project successfully combined Investment Tax Credits and New Markets Tax Credits for the design, construction and installation of state-of-the-art clean energy generation technology into an anaerobic ...
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Fry Foods

Fry Foods
Project City:
Ontario,
Project State:
OR
Project Year:
(2015)
Enhanced Community Development, Ecotrust CDE, Capital One Community Renewal Fund, and National Community Investment Fund provided a total of $20 million in NMTC financing to food manufacturer, Fry Foods (“Fry”), ...
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Eagle Railcar Services

Eagle Railcar Services
Project City:
Washington,
Project State:
IN
Project Year:
(2017)
Eagle Railcar Services acquired, remediated and renovated the former B&O Railroad Servicing facility, with 10 miles of track and 200,000 square feet of buildings located in rural Washington, Indiana (pop, ...
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Tom Browning’s Boys & Girls Club

Tom Browning's Boys & Girls Club
Project City:
Maysville,
Project State:
KY
Project Year:
(2018)
A total sports facility, which includes baseball fields and a concession/scoring building. This 19,000-sq. ft. multi-purpose facility provides game rooms, a computer lab and an arts and craft center, as ...
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Heritage University

Heritage University
Project City:
Toppenish,
Project State:
WA
Project Year:
(2015)
Roeder & Company, LLC announces the closing of a $10 million Federal New Markets Tax Credit (NMTC) financing for Heritage University’s campus expansion in Toppenish, Washington. Roeder & Company sourced ...
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Grand Lake Stream Woodlands

Grand Lake Stream Woodlands
Project City:
Grand Lake Stream,
Project State:
ME
Project Year:
(2009)
Grand Lake Stream Plantation is a town located in rural Washington County, Maine. It is home to just 125 year-round residents. The town's economy is heavily dependent on the forest, ...
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Aura Fabricators

Aura Fabricators
Project City:
Fergus Falls,
Project State:
MN
Project Year:
(2018)
Aura: Provided $1,865,000 loan for metal fabrication company in Fergus Falls, MN: Jasmine Sonmor founded Aura Fabricators as a college senior in 2014 and began bidding on bridge components in ...
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Panhandle Milling Co

Panhandle Milling Co
Project City:
Dawn,
Project State:
TX
Project Year:
(2005)
NMTC financing allowed a grain processing co-op to purchase another operation and expand its services ...
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Riverland Medical Center

Riverland Medical Center
Project City:
Ferriday,
Project State:
LA
Project Year:
(2018)
Riverland Medical Center serves rural Concordia Parish in eastern central Louisiana, about 180 miles north of New Orleans along the Mississippi River. Concordia Parish residents experience the challenges of persistent ...
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River District Tower

River District Tower
Project City:
DANVILLE,
Project State:
VA
Project Year:
(2016)
The City of Danville, Virginia was founded in 1793 and chartered in 1830. Like so many other manufacturing areas that have lost their traditional industries, the area has its challenges ...
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Premier Technology, Inc.

Premier Technology, Inc.
Project City:
Blackfoot,
Project State:
ID
Project Year:
(2018)
This rural Idaho business manufacturers specialized steel components for food and energy industries and is creating both quality and accessible jobs in a small town ...
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Sherwood Forest Camp

Sherwood Forest Camp
Project City:
Lesterville,
Project State:
MO
Project Year:
(2018)
The project consist of building a dining hall, learning center, cabin for staff, washhouse for campers, dam repairs, and an upgrade to the health lodge. Sherwood Forest is an independent, ...
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Eastern Shore Conservation Center

Eastern Shore Conservation Center
Project City:
Easton,
Project State:
MD
Project Year:
(2014)
A mixed-use nonprofit office space with shared meeting facilities, a café and 4 workforce housing apartments ...
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Frontier Fuel

Frontier Fuel
Project City:
Dalhart,
Project State:
TX
Project Year:
(2010)
Located in Dalhart, population 7,237, this retail store is perfectly situated to capitalize on both local and travelling traffic. Dalhart is known by many Texans as the gateway to the ...
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Arista Aviation 2

Arista Aviation 2
Project City:
Enterprise,
Project State:
AL
Project Year:
(2016)
Aircraft maintenance and rehab: Arista Aviation is an FAA-certified Part 145 repair station, providing maintenance, repair and overhaul (MRO) services for rotary wing platforms, including airframes and avionics ...
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Coyote Valley Hotel and Wastewater

Coyote Valley Hotel and Wastewater
Project City:
Redwood Valley,
Project State:
CA
Project Year:
(2018)
The new Coyote Valley Hotel will be 55,000 square feet and will have 101 guest rooms. It is located along US Highway 101, a major commercial artery bringing customers through ...
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Chippewa Community Dental Facility

Chippewa Community Dental Facility
Project City:
Lac Du Flambeau,
Project State:
WI
Project Year:
(2012)
Lac du Flambeau Band of Lake Superior Chippewa Community Dental Facility This investment helps the Lac du Flambeau Band of Lake Superior Chippewa Indians to construct a center that will ...
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Universal Stainless

Universal Stainless
Project City:
Dunkirk,
Project State:
NY
Project Year:
(2018)
In March 2018, the Company entered into a financing transaction with an outside bank and community development agency related to the new mid-size bar cell capital project at its Dunkirk, ...
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Pueblo of Laguna Wastewater System

Pueblo of Laguna Wastewater System
Project City:
Laguna,
Project State:
NM
Project Year:
(2012)
NMTC financing helped Pueblo of Laguna Utility Authority complete the rehabilitation of the water and wastewater system throughout the tribal lands of Pueblo of Laguna, N.M. The previous water system, ...
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Blue Wave and Silver Wave Boats

Blue Wave and Silver Wave Boats
Project City:
Seminole,
Project State:
OK
Project Year:
(2017)
In 2005, First Wave Aviation, a Tulsa-based aerospace company, was seeking a larger facility to repair and overhaul commercial aircrafts. First Wave hadexperienced rapid growth over the previous thirteen years, ...
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Baptist Leake Hospital

Baptist Leake Hospital
Project City:
Carthage,
Project State:
MS
Project Year:
(2013)
Baptist Health Systems acquired the Leake Memorial Hospital on October 1, 2011 in a transaction with the Leake County Board of Supervisors. Baptist Leake was constructed as a new hospital facility in this ...
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Yurok Tribal Forestry

Yurok Tribal Forestry
Project City:
Klamath,
Project State:
CA
Project Year:
(2018)
The Yurok Tribal Community Forest and Salmon Fishery Preserve is a California North Coast enterprise focused on sustainable forestry (including a carbon sequestration project), fisheries habitat protection and restoration, and ...
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Arris Manufacturing

Arris Manufacturing
Project City:
Clio,
Project State:
SC
Project Year:
(2020)
Through its investment in Arris Manufacturing (“Arris”), The Innovate Fund was able to support the acquisition and retrofitting of the former Baldor Electric facility in Clio. Dormant since 2016, the ...
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Noble Learning Center

Noble Learning Center
Project City:
Caldwell,
Project State:
OH
Project Year:
(2005)
A promotional postcard from the Finance Fund led to a permanent, high quality facility for the Noble Learning Center located in Caldwell, OH. Caldwell is a town of less than ...
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Chawla Hospitality Academy

Chawla Hospitality Academy
Project City:
Indianola,
Project State:
MS
Project Year:
(2014)
The Chawla family, owners of one of the most successful hospitality companies in Mississippi, has joined forces with Mississippi Delta Community College (MDCC) to create a new job-training institute that ...
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Husqvarna Forestry Products

Husqvarna Forestry Products
Project City:
Nashville,
Project State:
AR
Project Year:
(2017)
Husqvarna Forestry Products N.A., Inc. (“Husqvarna”), a manufacturer of lawn and garden products, will be expanding its facility located in rural Nashville, Arkansas, (pop. 4,501) (the “Project”). Husqvarna plans to ...
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Commonwealth Crossing Business Centre

Commonwealth Crossing Business Centre
Project City:
Ridgeway,
Project State:
VA
Project Year:
(2017)
Commonwealth Crossing Business Centre (CCBC) is a modern business and technology park designed to attract major manufacturers with the potential to add value to the local economy and create thousands ...
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Advantage Dental

Advantage Dental
Project City:
Brookings,
Project State:
OR
Project Year:
(2013)
Advantage Dental is one of Oregon's largest dental health care providers for low-income persons within the state serving over 200,000 patients, the majority of whom qualify for public health care ...
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University of Cumberland Health and Science Building

University of Cumberland Health and Science Building
Project City:
Williamsburg,
Project State:
KY
Project Year:
(2008)
The University of the Cumberlands is located in a rural area in Williamsburg, Kentucky nestled in the foothills of the Appalachian Mountains. Williamsburg is known as the Gateway to the ...
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Beadles & Balfour

Beadles & Balfour
Project City:
Moultrie,
Project State:
GA
Project Year:
(2017)
Since 1990 (and the compounded effects of the global financial crisis), the Southern United States’ wood supply chain has lost 30% of its sawmills and nearly 20% of its pulp ...
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Vidalia Denim

Vidalia Denim
Project City:
Vidalia,
Project State:
LA
Project Year:
(2018)
Vidalia Mills (VM) is a startup denim manufacturer producing high-quality fabrics using sustainable and eco-friendly processes. VM is located in a Persistent Poverty County in a rural, low-income community with ...
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Maniilaq Nursing Home

Maniilaq Nursing Home
Project City:
Kotzebue,
Project State:
AK
Project Year:
(2010)
For Inupiat Eskimo families in Northwest Alaska, access to a nursing home for elders required boarding a flight to Anchorage, 549 miles southeast of Kotzebue, and leaving behind traditional foods, ...
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