South Carolina Data and Stories

State Fact Sheet

Map of Selected Projects in South Carolina

Community Testimonials

NMTCs have helped to deliver projects that otherwise would not have been financed and which contribute greatly economic prospects of the state

-Nathaniel A Barber, South Carolina Community Loan Fund

Selected Projects in South Carolina

Premium Peanut Santee

Santee,
SC
(2024)

Manufacturing

CDE(s): CEI Capital Management, Hampton Roads Ventures, Innovate Fund, Mascoma Community Development, Truist

Construction of a new 125,000 ton peanut shelling facility in a non-metropolitan, severely distressed census tract in Santee, SC.

Safe Harbor

Greenville,
SC
(2024)

Shelters and Community Food

CDE(s): Innovate Fund, South Carolina Community Loan Fund, TD Community Development Corporation

Investment in non-profit expands critical access to shelter and care for victims of domestic violence.

Highland Baking Company (2023)

Spartenburg,
SC
(2023)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Chase, Local Initiatives Support Corporation, National New Markets Fund, Urban Action Community Development

NMTC financing helped expand the Highland Baking Company plant in Spartanburg, South Carolina.

MycoWorks SC, LLC

Union,
SC
(2023)

Manufacturing

CDE(s): AMCREF Community Capital, CEI Capital Management, Hampton Roads Ventures

MycoWorks is a cleantech company developing, manufacturing and selling alternative, sustainable and high-end biomaterials, using an array of proprietary, patented technologies stemming from mycology, agricultural, and engineering R&D and expertise.

Red Bullet Anderson

Anderson,
SC
(2022)

Manufacturing

CDE(s): Innovate Fund

To bring additional quality manufacturing jobs into Anderson County, the Innovate Fund supported the 150,000 sq. ft. expansion of an exisiting 168,000 sq. ft. manufactuirng, warehouse, and office facility for

Claflin Student Activity and Community Center

Orangeburg,
SC
(2022)

College or Vocational Training, Community

CDE(s): Innovate Fund, South Carolina Community Loan Fund

The construction of an 82,000 sq. ft. center featuring classrooms, student life/ learning space at an HBCU.

Pinckney Center – Waverly Hospital at Allen University

Columbia,
SC
(2021)

Community, Healthcare, Historic Rehabilitation, Housing, Mixed-use

CDE(s): South Carolina Community Loan Fund, The Reinvestment Fund

NMTC financing supported the adaptive reuse of a 50 year abandoned African American hospital which will be converted by Allen University, an HBCU, into a multi-use facility.

Allied Air Enterprises

Orangeburg,
SC
(2021)

Auto Manufacturing

CDE(s): CCG Community Partners, PNC, South Carolina Community Loan Fund

Construction of a distribution facility for Allied Air, an HVAC equipment manufacturer in Orangeburg, SC.

Maximum Entertainment (2018 and 2020)

Orangeburg,
SC
(2020)

CDE(s): Advantage Capital

The project included the ground up construction of the facility, including the necessary equipment and working capital to get a recreation business started.

Arris Manufacturing

Clio,
SC
(2020)

Business Development, Manufacturing, Rural

CDE(s): Capital One, Innovate Fund

A new manufacturing facility brings a halt to more than a century of economic decline.

Judson Mill

Greenville,
SC
(2020)

Community, Healthcare, Mixed-use, Retail

CDE(s): Innovate Fund

NMTC financing for Judson Mill, a mixed-use project.

Mount Zion Redevelopment

Winnsboro,
SC
(2020)

Community, Daycare and Early Childhood, Historic Rehabilitation, Mixed-use, Nonprofit Hub, Youth and Families

CDE(s): South Carolina Community Loan Fund, The Reinvestment Fund

Adaptive re-use of a historic school building in Winnsboro, South Carolina.

Site visits and recent news related to South Carolina NMTC Projects

Rep. Ralph Norman (R-SC) tours Associated Hardwoods in Gaffney

Associated Hardwoods utilized NMTC funding to build and operate a sawmill in Gaffney, S.C., with an economic impact of $14.7 million estimated during the first four years of the project.

Learn more...

Dec-2018

Sen. Tim Scott (R-SC) tours Franklin School in Spartanburg

U.S. Sen. Tim Scott, R-S.C., called the Northside’s new Franklin School “a national model that everybody can follow” on Tuesday.

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Apr-2019

Rep. Clyburn (D-SC) on Hand as Orangeburg breaks ground on Railroad Corner redevelopment project

June 19, 2024

In Charleston, a Museum Honors a Journey of Grief and Grace

June 23, 2023

Bakery Near Hearon Circle is Getting Big Upgrade

April 9, 2019