North Carolina Data and Stories

State Fact Sheet

Map of Selected Projects in North Carolina

Community Testimonials

The NMTC program creates jobs, strengthens communities and provide life-changing opportunities to people which would not exist if it was not for the NMTC program. It makes a difference!

-Amy Mallory, Manager, Fund Management, CAHEC, Raleigh, North Carolina

Selected Projects in North Carolina

Dole Foods Bessemer Expansion

Bessemer City,
NC
(2007)

Business Development, Food Manufacturing, Manufacturing

CDE(s): TruFund, USBCDE

NMTC financing supported 900 jobs in Bessemer City.

Hill Building Rehab

Durham,
NC
(2007)

Business Development, Historic Rehabilitation, Mixed-use

CDE(s): National Trust Community Investment Corporation, Urban America

NMTC financing to rehab the Morgens Brothers building, constructed in 1910.

Capitol Building

Fayetteville,
NC
(2006)

Historic Rehabilitation, Restaurants and Catering, Retail and Commercial

CDE(s): CCG Community Partners

Conversion of a building into approximately 45,000 square feet of restaurant, retail and office space, of which Dock's restaurant and entertainment complex comprises over 35,000 square feet.

Golden Belt Complex

Durham,
NC
(2003)

Business Development, Community, Historic Rehabilitation, Housing, Incubator, Manufacturing, Mixed-use, Mixed-use and Commercial, Research, Retail

CDE(s): National Trust Community Investment Corporation

The $12 million in total NMTC financing enabled Scientific Properties, LLC to rehabilitate a deteriorating factory; generate 140 construction related jobs and 400 permanent jobs; put six warehouses back into

Site visits and recent news related to North Carolina NMTC Projects

Smith NMTC Announces Closing of $24M Housing Partnership Network Allocation

July 13, 2023

Albemarle mill gets new life with mixed-use plan

September 29, 2008

U.S. Bank to provide $16.5 million in tax credits for CORTEX Heritage Building

March 1, 2013