Texas Data and Stories

State Fact Sheet

Map of Selected Projects in Texas

Community Testimonials

We support NMTCs because they incentivize private investors to invest in high-impact projects in low-income areas by offering a 39% federal tax credit over 7 years. This in turn often unlocks millions of dollars in equity for real estate, health clinics, food hubs, commercial corridors, and community facilities. For SAGE, this means access to gap financing for transformational development projects—like a public market complex or a cultural facility.

-James A Nortey, San Antonio for Growth on the Eastside, Inc.

Selected Projects in Texas

Central Texas Food Bank

Austin,
TX
(2015)

Community, Shelters and Community Food

CDE(s): Chase, Texas Mezzanine Fund, Urban Action Community Development

The expansion of the facility allowed the food bank to distribute an additional 36 million pounds of food, which is the equivalent of an additional 30 million meals for hungry

Monogram Foods

Schulenburg,
TX
(2014)

Business Development, Food Manufacturing, Manufacturing, Rural

CDE(s): The Valued Advisor Fund

Memphis-based Monogram Food Solutions is receiving an investment of more than $7.6M from U.S.

ABC Beverage Manufacturing

Irving,
TX
(2014)

Beverages, Business Development, Food Manufacturing, Manufacturing

CDE(s): Texas Mezzanine Fund

Financing for construction of a manufacturing facility for America's Beverage Company.

Tarrant Area Food Bank

Fort Worth,
TX
(2014)

Community, Shelters and Community Food

CDE(s): Brownfield Revitalization, Texas Community Development Corporation

Financing for an expansion of Tarrant Area Food Bank.

Vogel Alcove

Dallas,
TX
(2014)

Community, Daycare and Early Childhood, Shelters and Community Food, Youth and Families

CDE(s): Dallas Development Fund

Financing for a provider of a broad array of therapeutic services for children who are experiencing homelessness in the Dallas area.

Hatcher Station Health Center

Dallas,
TX
(2014)

Community, FQHCs, Healthcare

CDE(s): Dallas Development Fund

A $22M public health clinic was constructed in one of Dallas' poorest neighborhoods.

Aker BioMarine

Houston,
TX
(2013)

Business Development, Manufacturing

CDE(s): Chase, National New Markets Fund, Texas Mezzanine Fund

Aker BioMarine, a Norwegian biotechnology firm, is partnering with the French nutraceutical firm, Naturex Inc., to convert a vacant Dryer’s Grand Ice Cream facility into a biomarine manufacturing plant which

Port Arthur Savings Building

Port Arthur,
TX
(2013)

Community

CDE(s): Grow America

The restoration of the historic Port Arthur Savings Building will launch a revitalization effort to serve the community and increase the presence of downtown businesses.