Arkansas Data and Stories

State Fact Sheet

Map of Selected Projects in Arkansas

Community Testimonials

New Markets Tax Credits play a vital role in attracting investments to low-income communities in Arkansas and would not receive investments without them.

-Arlo Washington, People Trust Loan Fund, Little Rock, Arkansas

Selected Projects in Arkansas

Scenic Hill Solar

Paris,
AR
(2024)

Manufacturing

CDE(s): Heartland Renaissance Fund

A major investment project is driving industrial growth and employment in Paris, AR

Go Textbooks

Little Rock,
AR
(2024)

Manufacturing

CDE(s): Legacy Economic Growth Fund, PB Community Impact Fund

A new facility in Little Rock, AR is helping train local workers for stable careers in manufacturing

Sierra Group

Blytheville,
AR
(2022)

Business Development, Loan Fund

CDE(s): Heartland Renaissance Fund

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

Spring Grove Missionary Baptist Church

Haynes,
AR
(2022)

Loan Fund, Religious Organizations

CDE(s): Heartland Renaissance Fund

Redeployment of a small dollar loan fund payment to construct a community facility for a nonprofit, Spring Grove Missionary Baptist Church.

UAMS Child Development Center

Little Rock,
AR
(2022)

Youth and Families

CDE(s): Southern Bancorp

The University of Arkansas for Medical Sciences constructed a new Child Development Center on a four-acre property in Little Rock.

Our House

Little Rock,
AR
(2022)

Behavioral Health, Community, Nonprofit Hub, Youth Program

CDE(s): Heartland Renaissance Fund

Building a Uniquely Effective Pathway Out of Homelessness in Central Arkansas

Matthews International Searcy

Searcy,
AR
(2021)

Manufacturing

CDE(s): MuniStrategies, Truist

Matthews International Corp. announced recently that it is expanding its operations in Searcy. The expansion will add approximately 15,000 sq. ft. to Matthews existing Searcy facility, while growing its manufacturing

University of the Ozarks Thomas and Frances Wilson Science Center

Clarksville,
AR
(2021)

CDE(s): Heartland Renaissance Fund, Southern Bancorp

Finances the renovation and expansion of the Science Center at University of Ozarks

Walnut Ridge Nursing & Rehab

Walnut Ridge,
AR
(2021)

Healthcare

CDE(s): Legacy Economic Growth Fund, Southern Bancorp Bank

LEGF’s NMTC allocation financed the redevelopment of a 58,975 square foot skilled nursing and elder care facility located in a severely distressed, non-metropolitan census tract in Walnut Ridge, AR. The

Delta Peanut

Jonesboro,
AR
(2020)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Heartland Renaissance Fund, Truist

Construction and equipment purchases at peanut shelling plant and buying point warehouse in Jonesboro, AR.

Saint Jean Industries WL

Heber Springs,
AR
(2020)

Auto Manufacturing, Business Development, Manufacturing, Rural

CDE(s): Heartland Renaissance Fund

Expansion of an existing facility and the purchase of new equipment for an automobile parts manufacturer in Heber Springs, AR.

Oasis Trading

Warren,
AR
(2020)

Business Development, Manufacturing, Rural

CDE(s): Advantage Capital

Oasis Trading is a small lumber manufacturer. The project provided the Company with funds for inventory purchases, working capital, and debt consolidation to provide better cash flow for the company.