Tennessee

State Fact Sheet

Map of Selected Projects in Tennessee

Community Testimonials

NMTC provide much need capital for development in low-to-moderate income communities like Memphis.

-Darius Davis, Tri-State Bank of Memphis, Memphis, Tennessee

Selected Projects in Tennessee

2022

Mountain City, TN | 1st District

UHS Mountain Youth Academy

MuniStrategies Pathway Lending PNC

Universal Health Services, Inc. used NMTC financing to construct a 120‐bed trauma‐based residential treatment facility which will replace the…

2023

Morristown, TN | 1st and 3rd District

Lions Volunteer Blind Industries

Pathway Lending Petros

Lions’ mission is to assist visually impaired individuals in achieving personal and economic “independence through employment.” Its program hinges…

2023

Fayetteville, TN | 4th District

Ariens Company

Legacy Economic Growth Fund Rural Development Partners

New Markets Tax Credits to help Ariens Company revitalize an abandoned facility bringing 350 new quality jobs to the…

2022

Manchester, TN | 4th District

Dot Manchester 2022

Capital One Mascoma Community Development MuniStrategies

The construction of a 190,000 sq. ft. food product distribution center in a non-metropoletal low-income community in Manchester, Tennessee….

2019

Union City, TN | 8th District

Excel Boats Tennessee

Dudley Ventures

Renovate and equip an approximately 81,000 sq. ft. manufacturing an expanded line of fishing and pleasure boats, boat trailers,…

2021

Dyersburg, TN | 8th District

ERMCO

Midwest Renewable Capital National New Markets Fund Waveland Community Development

ERMCO is headquartered in Dyersburg, TN and is a wholly owned subsidiary of Arkansas Electric Cooperatives, Inc in Little…

2012

Antioch, TN | 5th District

Habitat for Humanity of Greater Nashville

CEI Capital Management

Funds the work of 21 Habitat for Humanity affiliates nationwide. Will result in the construction of 503 single-family homes…

2018

Nashville, TN | 7th District

Interfaith Dental Clinic 2

Raza Development Fund Truist

The clinic is undertaking an $8 million renovation of the 30,000 sq. ft. Aladdin Industries building on Murfreesboro Road,…

2017

Nashville, TN | 5th District

Valor College Prep

Self-Help

Construction of the new high school facility will create 750 new student seats in the South Nashville….

2021

Chattanooga, TN | 3rd District

Southern Champion Tray

AMCREF MuniStrategies National New Markets Fund Southern Community Capital Truist

In December 2021, AMCREF Community Capital provided $9 million of NMTC financing to Southern Champion Tray, a 94-year-old sustainable…

2021

South Pittsburg, TN | 4th District

Lodge Cast Iron

Chase Mid-City Community CDE Pathway Lending People Incorporated Financial Services

Project acquired and installed certain equipment and enhancements at the 3rd Street Foundry (collectively, the “New 3rd Street Equipment”)…

2017

Dayton, TN | 4th District

Coil Design Corporation

Advantage Capital

Financing for the expansion of a manufacturer of heat exchangers….

Senator Blackburn Visits Model Mill

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