Tennessee Data and Stories

State Fact Sheet

Map of Selected Projects in Tennessee

Community Testimonials

The NMTC program is a powerful tool for driving investment, fostering sustainable development, and enhancing the economic prospects in communities.

-Nigel Roberts, LISC Memphis

Selected Projects in Tennessee

Regional One Health’s Oncology Center

Memphis,
TN
(2021)

Healthcare

CDE(s): Community Hospitality Healthcare Services, Pathway Lending, Urban Action Community Development

NMTC financing supported the launching of a new, onsite full-service oncology program for a safety net hospital in Memphis, TN. The project will occupy two dedicated floors in the Regional

Ampro

Memphis,
TN
(2021)

Business Development, Manufacturing

CDE(s): Hampton Roads Ventures, Truist

NMTC financing supported the Ampro project.

Renewal House

Nashville,
TN
(2020)

Addiction Treatment, Behavioral Health, Community, Healthcare

CDE(s): Primary Care Development Corporation, USBCDE

Financing for a new facility for Renewal House, a long-term comprehensive addiction treatment center for both women and children in Nashville, TN.

McMinnville Hampton Inn

McMinnville,
TN
(2020)

Business Development, Retail, Rural

CDE(s): Enhanced Capital, River Gorge Capital

Development of a 74-room Hampton Inn hotel and a 20,000 sq. ft. retail center in the town of McMinnville, TN.

Anderson Meats and Processing

Hartsville,
TN
(2020)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Advantage Capital

Funds for the construction of the facility, equipment purchase, as well as providing working capital to cover the business's intial opening expenses.

Thomas B. Davis YMCA Expansion

Memphis,
TN
(2020)

Community, Daycare and Early Childhood, Recreation, YMCAs and YWCAs, Youth and Families

CDE(s): Nonprofit Finance Fund

Renovation and expansion of 32,921 sq. ft. of space for the YMCA, supporting new community goods and services.

Leadership Preparatory Charter School

Memphis,
TN
(2020)

Community, Schools

CDE(s): Nonprofit Finance Fund

Construction of a new middle school building to expand the current K-5 enrollment to K-8.

Loving Arms Home Care Agency

Memphis,
TN
(2020)

Adult Education, College or Vocational Training, Community, COVID-19, Disaster Recovery, Healthcare

CDE(s): TruFund, USBCDE

Finances working capital and expansion plans for Loving Arms, LLC, a business with locations in Jackson and Memphis, providing home healthcare services to seniors and individuals with intellectual and development

Robinson Manufacturing

Dayton,
TN
(2020)

Business Development, Manufacturing, Rural

CDE(s): River Gorge Capital

The expansion of a manufacturing facility, consiting of a more than 80,000 sq. ft. of new space.

Whitehaven YMCA

Memphis,
TN
(2020)

Daycare and Early Childhood, YMCAs and YWCAs

CDE(s): Nonprofit Finance Fund

Renovation and construction of a new facility establishes community resource hub and increases service capacity to Whitehaven residents

Jackson Schools/Healthy Community Education Partners

Jackson,
TN
(2020)

Community, Mixed-use, Nonprofit Hub, Public School, Schools

CDE(s): CAHEC, River Gorge Capital, Truist

A public-private partnership improves education in Jackson, TN.

Excel Boats Tennessee

Union City,
TN
(2019)

Auto Manufacturing

CDE(s): Dudley Ventures

Renovate and equip an approximately 81,000 sq. ft. manufacturing an expanded line of fishing and pleasure boats, boat trailers, wiring harnesses and other boat related products.

Site visits and recent news related to Tennessee NMTC Projects

Rep. Kustoff (R-TN) tours Williams Sausage in Union City

"It was great to visit with folks yesterday in Union City and hear how #TaxReform is working in Obion County. We started out with a tour of Williams Sausage Company..." -Rep. Kustoff

Learn more...

Apr-2018

Senator Blackburn Visits Model Mill

Summers-Taylor Inc. expects to make the Model MIll on West Walnut Street its new headquarters by the end of the year (2020).

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Jul-2019

Tivoli restoration project and new hall now fully funded after $9 million investment

September 11, 2024

After hiatus, there’s now a homeless shelter just for women and children in Nashville

January 4, 2024

Williams Sausage Company Breaks Ground on New Factory and Receives New Markets Tax Credits to Finance Major Expansion

July 27, 2017