Louisiana Data and Stories

State Fact Sheet

Map of Selected Projects in Louisiana

Community Testimonials

The NMTC Program has a proven track record of success in spurring investment in low-income communities. These investments catalyze job creation and community services that directly increase tax revenue in much-needed areas. As such, it fosters essential economic growth with minimal government funding (on average $1 of tax credits generates $7 of private investment). In the spirit of government efficiency, this program provides the tools necessary to help both low-income communities and individuals become self-sufficient and rely less on government aid while simultaneously promoting development in the private sector.

-Ethan Gilberti, Cherry Bekaert

Selected Projects in Louisiana

ExxonMobil YMCA

Baton Rouge,
LA
(2010)

Community, Daycare and Early Childhood, Recreation, Restaurants and Catering, Retail and Commercial, YMCAs and YWCAs, Youth and Families

CDE(s): East Baton Rouge Community Development Entity

In September 2010 the ExxonMobil YMCA began construction on a 12,000 sq. ft. facility located on 2.8 acres of land at Howell Place in North Baton Rouge, LA.

Sweet Potato Processing Facility

Delhi,
LA
(2010)

Business Development, Food Manufacturing, Manufacturing, Rural

CDE(s): Bluehub

NMTC project provides area residents a place to work and 275 jobs.

GAME Equipment

Napoleonville,
LA
(2010)

Business Development, Manufacturing, Rural

CDE(s): Advantage Capital

$2 million NMTC investment enabled the company's owner to realize manufacturing and exporting vision. An additional $3.16 million private capital invested in the company. Both allowed GAME to expand its

Daughters of Charity Services of New Orleans

New Orleans,
LA
(2010)

Behavioral Health, Community, Dental Services, FQHCs, Healthcare

CDE(s): Innovate Fund

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

Northgate Retail Center

Baton Rouge,
LA
(2009)

Community, Healthcare, Retail

CDE(s): CCG Community Partners

Campus-Northgate has successfully completed a new retail center consisting of four single-story concrete buildings totaling 31,085 sq. ft. of retail space plus a surface parking lot consisting of 209 parking

Harrison Fresh Market

New Orleans,
LA
(2009)

Disaster Recovery, Grocery and Fresh Food, Katrina, Retail, Retail and Commercial

CDE(s): CCG Community Partners

Rehabilitation of a vacant 21,000 sq. ft. building into a new full-service grocery store.

YMCA Belle Chasse

Belle Chasse,
LA
(2009)

Community, Daycare and Early Childhood, Disaster Recovery, Katrina, Recreation, YMCAs and YWCAs, Youth and Families

CDE(s): AMCREF Community Capital

New YMCA in an areas severely damaged by Hurricane Katrina.

Christian Brothers School

New Orleans,
LA
(2009)

Community, Disaster Recovery, Katrina, Schools, Youth and Families

CDE(s): Advantage Capital

The Christian Brothers School new multi-purpose facility constitutes the first new building constructed in the New Orleans institution’s fifty-year history.

Louisiana Forestlands

Port Barre,
LA
(2008)

Katrina, Manufacturing, Rural, Timber and Agriculture

CDE(s): Rural Development Partners

The Forestland Group utilized NMTCs to complete the purchase of 82,000 acres of hardwood forests in Louisiana, in addition to a hardwood sawmill and processing plant near LeMoyen, LA; 200

Ochsner Baptist Medical Center

New Orleans,
LA
(2007)

Adult Daycare, Community, Disaster Recovery, Healthcare, Hospitals and Emergency Services, Katrina, Nursing Homes and Hospice

CDE(s): Capital One, Enhanced Capital, National New Markets Fund

NMTC financing was structured as operational capacity to expand and re-open more than one million sq. ft. of medical services space including: 100-bed surgical hospital, a senior living facility for

Kress at Third and Main

Baton Rouge,
LA
(2007)

Historic Rehabilitation, Housing, Mixed-use, Office, Retail, Retail and Commercial, Targeted Populations

CDE(s): Chase

The Kress at Third and Main Project involved the rehab of three buildings on the National Register of Historic Places.

200 Carondelet

New Orleans,
LA
(2005)

Business Development

CDE(s): Advantage Capital

Convesion of the abandoned American Bank Building into a hotel

Site visits and recent news related to Louisiana NMTC Projects

Rep. Garrett Graves (R-LA) Tours Westport Linen

Congressman Garrett Graves (R-LA) visited NMTC-financed Westport Linen Services

Learn more...

Aug-2017

Senator Cassidy (R-LA) Visits NMTC-Financed Trucking Innovation

U.S. Senator Bill Cassidy, M.D. (R-LA) visited Trucking Innovation, a thriving minority-owned business that supports local construction projects via trucking, hauling and contracting services.

Learn more...

Aug-2023

New Nursing Facility Financed with NMTC Brings Advanced Care Options Jobs and Increased Revenue to Louisiana Community

November 1, 2018

Myrtle Banks Redevelopment Honored by Novogradac

August 1, 2015

The St. Rose de Lima Church Celebrates Grand Re-Opening as the Rose Collaborative

October 14, 2018