Louisiana

State Fact Sheet

Map of Selected Projects in Louisiana

Community Testimonials

The desire to create employee owned industries in disadvantaged communities has NMTC as its best funding option. The opportunity to marry NMarkets to Opportunity zones can change the trajectory of poor communities with a cascading effect.

-Vaughn Fauria, NewCorp, Inc. Funding Entrepreneurs. Building Communities, New Orleans, Louisiana

Selected Projects in Louisiana

2017

New Orleans, LA | 2nd District

New Orleans Culinary and Hospitality Institute (NOCHI)

Enhanced Capital United Fund Advisors

The transformation of a failed arts center in New Orleans’ Warehouse District into a world-class culinary institute….

2007

New Orleans, LA | 2nd District

National World War II Museum

Capital One Enhanced Capital First NBC Community Development Fund National New Markets Fund Stonehenge Community Development Whitney New Markets Fund

NMTC financing supported the construction of the National World War II Museum…

2015

New Orleans, LA | 2nd District

Kingsley House

Chase Low Income Investment Fund

NMTC financing for the Kingsley House, a United Way Community Impact Partner and nationally renowned as the oldest Settlement…

2003

New Orleans, LA | 2nd District

HCI Construction

Advantage Capital

NMTC financing supported the HCI Construction project….

2010

New Orleans, LA | 2nd District

Daughters of Charity Services of New Orleans

Innovate Fund

The DCSNO Carrollton project is an expansion of an existing community healthcare center….

2011

New Orleans, LA | 2nd District

Central City Office and Retail

Local Initiatives Support Corporation

The development of a 17,801 sq. ft. commercial space in a four-story building that houses the New Orleans Redevelopment…

2017

New Orleans, LA | 2nd District

Booker T. Washington

Civic Builders

As part of the post-Katrina overhaul of all New Orleans’ school facilities, the Recovery School District is preserving…

2014

Natchitoches, LA | 4th District

Ashlar Medical

Advantage Capital

Financing for a manufacturer and wholesaler of medical testing equipment…

2010

Napoleonville, LA | 6th District

GAME Equipment

Advantage Capital

$2 million NMTC investment enabled the company’s owner to realize manufacturing and exporting vision. An additional $3.16 million private…

2018

Marrero, LA | 2nd District

Rouse’s Grocery Store

Hancock Whitney New Markets Fund

A roughly 40,000 sq. ft. full service grocery store which provides access to healthy fresh food in a highly…

2013

Lacassine, LA | 3rd District

Zagis

Hampton Roads Ventures

Financing for a manufacturer of carded and combed open-end and core spun greige yarns for knitting and weaving applications….

2018

Ferriday, LA | 5th District

Riverland Medical Center

Hope Enterprises The Reinvestment Fund USBCDE

Riverland Medical Center serves rural Concordia Parish in eastern central Louisiana, about 180 miles north of New Orleans along…

Senator Cassidy Praises Economic Development and Research in Lafayette

FlyGuys benefitted from a $2 million investment enabled by the New Markets Tax Credit, and Cassidy has co-sponsored bi-partisan legislation to make that tax credit permanent.

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