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Cong. Districts

2023 Annual Report

Arkansas

State Fact Sheet

Map of Selected Projects in Arkansas

Community Testimonials

[The NMTC expands] access to opportunity for low income communities and disadvantaged small businesses

-Arlo Washington, Devine Intervention Investment Fund, Little Rock, Arkansas

Selected Projects in Arkansas

2022

Haynes, AR | 1st District

Spring Grove Missionary Baptist Church

Heartland Renaissance Fund

Redeployment of a small dollar loan fund payment to construct a community facility for a minority controlled non-profit, Spring…

2022

Blytheville, AR | 1st District

Sierra Group

Heartland Renaissance Fund

Redeployment of small dollar loan fund payments to minority owned roofing company to purchase new equipment….

2022

Little Rock, AR | 2nd District

UAMS Child Development Center

Southern Bancorp

The approximately 20,000-square-foot Child Development Center will be built at the intersection of 11th and Monroe streets, just south…

2021

Little Rock, AR | 2nd District

Arkansas Arts Center

Heartland Renaissance Fund

Renovation, construction and equipping of Central Arkansas’s premier visual and performing arts institution…

2021

Clarksville, AR | 4th District

University of the Ozarks Thomas and Frances Wilson Science Center

Heartland Renaissance Fund Southern Bancorp

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

2022

Little Rock, AR | 2nd District

Our House

Heartland Renaissance Fund

Our House announced on Aug. 17 that it has closed on a $10 million NMTC (New Markets Tax Credit)…

2020

Heber Springs, AR | 2nd District

Saint Jean Industries WL

Heartland Renaissance Fund

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

2020

Jonesboro, AR | 1st District

Delta Peanut

Heartland Renaissance Fund Truist

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

2020

Warren, AR | 4th District

Oasis Trading

Advantage Capital

Oasis Trading is a small lumber manufacturer. The project provided the Company with funds for inventory purchases, working capital,…

2020

Magnolia, AR | 4th District

LB Amfuel

Advantage Capital

Working capital to allow a company to expand and grow….

2016

Springdale, AR | 3rd District

American Tubing Arkansas

National New Markets Fund

New building/equipment for an existing manufacturer of air conditioning components….

2011

Rogers, AR | 3rd District

Open Avenues

Heartland Renaissance Fund

Open Avenues, a 501(c) that fosters independent living and work skills for disabled adults, used a $6.5 million New…

Congressman Westerman Tours Highland Pellets

Congressman Bruce Westerman (R-AR) and Senator John Boozman (R-AR) toured the new Highland Pellets plant in Pine Bluff, AR.