Texas Data and Stories

Map of Selected Projects in Texas

Community Testimonials

The NMTC has allowed the Texas Mezzanine Fund to assist in financing significant business development and job creation within the State of Texas through receiving $468 million in allocation in eleven awards. In addition, fees earned through the NMTC program has greatly assisted in TMF’s organic growth of its CDFI loan fund which has assisted in providing financing to for-profit and non-profit entities, including affordable housing development. A permanent NMTC program would greatly expand and assist in continuing our economic development finance efforts in the State of Texas.

-Victor Elmore, Texas Mezzanine Fund, Dallas, TX

Selected Projects in Texas

The NMTC supported Rich Products’ new state-of-the-art frozen dessert processing center is located in Missouri City, Texas.
A food manufacturing facility increased local production and added jobs in El Campo, TX
A specialized equipment manufacturer grew its footprint and added jobs in Paris, TX
A renovated community space in Dallas, TX is now home to youth and education programs

The construction, rehabilitation, and development of a new gastrointestinal and endoscopy center in Abilene, Texas, located within a federally designated Health Professional Shortage Area. The center is adjacent to Hendrick

A warehouse and logistics company expanded distribution capacity and added jobs in Wimberley, TX
A food manufacturing facility increased local production and added jobs in Garland, TX
A food manufacturing facility increased local production and added jobs in Dallas, TX
A new facility in Longview, TX is helping train local workers for stable careers in manufacturing
A specialized equipment manufacturer grew its footprint and added jobs in Sulfur Springs, TX
$117 million expansion project will add production capacity for branded appetizer business and bring more than 130 jobs to the community.
The NMTC helps finance Austin Habitat’s new 126-unit affordable homeownership development and spur local investment in a highly distressed community.

Site visits and recent news related to Texas NMTC Projects

Rep. Jodey Arrington (R-TX) tours Hotel Settles in Big Spring

Brint Ryan ,who grew up in Big Spring, was determined to revitalize this aging landmark, and invested $30 million in its renovation
Jul-2018

Beth Van Duyne (R-TX) visits with Stonehenge and TWG Supply

Stonehenge Capital was honored to recently host Congresswoman Beth Van Duyne (TX-24) to discuss the bipartisan New Markets Tax Credit (NMTC) Program.
Oct-2022