Tennessee Data and Stories

State Fact Sheet

Map of Selected Projects in Tennessee

Community Testimonials

The NMTC program has allowed our company to create and preserve jobs in rural areas that would have had high unemployment without our investments there.

-Shelly Butterfield, Tax Manager, Monogram Foods, Memphis, TN

Selected Projects in Tennessee

Quimby Plaza

Memphis,
TN
(2008)

Affordable Housing, Community, Healthcare, Housing, Mixed-use

CDE(s): MBS Urban Initiatives

A new mixed-use building at the southeastern boundary of the Legends Park HOPE VI Revitalization Plan area in Memphis, TN.

Smart Furniture

Chattanooga,
TN
(2006)

Business Development, Manufacturing

CDE(s): Southern Appalachian Fund

Smart Furniture, Inc. is a Chattanooga, Tennessee based furniture company that sells customizable home and office furniture through its Design on Demand platform via www.SmartFurniture.com.

Court Square Center

Memphis,
TN
(2006)

Community, Mixed-use, Schools

CDE(s): Enterprise Community Partners, Grow America

The renovation of two historically-significant buildings and the construction of the green, LEED gold certified “Court Annex 2” building to create an urban center that offers 74 live/work units, 40,500

McNeilus Steel

Morrison,
TN

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Pathway Lending, Waveland Community Development

McNeilus Steel Inc. will utilize NMTC allocation to finance equipment and working capital for a steel processing and distribution facility located in Morrison, TN.

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

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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