Dec. Conference

Cong. Districts

Texas

State Fact Sheet

Map of Selected Projects in Texas

Community Testimonials

The NMTC program saves us valuable dollars so that we can put more money in the classroom for our predominantly minority, high poverty students. The program is vital and I respectfully request that you extend this wonderful program.

-Randy Shaffer, CEO/Superintendent, Trinity Basin Preparatory, Grand Prairie, Texas

Selected Projects in Texas

2012

Pharr, TX | 15th District

Food Bank Of Rio Grande Valley

Raza Development Fund

To help meet the increasing demand for its food services, the Food Bank of the Rio Grande Valley, Inc….

2022

Dallas, TX | 32nd District

Southwest Transplant Alliance Legacy Center

CCG Community Partners Pacesetter CDE

In September 2020, STA opened its corporate headquarters and state-of-the-art, in-house recovery center in Dallas….

2022

Fort Worth, TX | 25th District

Rhino Health USA

MBS Urban Initiatives Pacesetter CDE Prestamos Stonehenge Community Development Texas Mezzanine Fund

The mixed-use home and headquarters for Kone Company….

2007

Cleburne, TX | 25th District

Concrete Related Products

Lone Star New Markets

Working capital for a rebar manufacturer in Cleburne, TX, …

2011

Houston, TX | 7th District

PlazAmericas

Texas Mezzanine Fund Urban Development Fund (Aries Capital)

Rehabilitation of the former Sharpstown Mall….

2006

Gainesville, | 26th District

Reliant Worldwide Plastics

Lone Star New Markets

NMTC financing to support a manufacturer of plastics through plastic injection molding. Established in 1968, Reliant Worldwide Plastics is…

2019

Conroe, | 8th District

Heat Transfer Tubular Products, LLC

Greenline Ventures

Financing for a manufacturer of heat transfer tubular products. Heat Transfer Tubular Products has been evolving to improve their…

2022

Corpus Christi, | 27th District

Coastal Bend Food Bank

Capital Impact Partners Raza Development Fund Texas Mezzanine Fund USBCDE

Coastal Bend Food Bank, a nonprofit providing emergency food assistance across an eleven-county service area in South Texas, constructed…

2009

Houston, | 29th District

The Rhodes School

Self-Help provided NMTC financing for the Rhodes School, which expanded parents’ educational choices in the North Channel area…

2013

Houston, TX | 18th District

Interfaith Ministries for Greater Houston

Consortium America PeopleFund NMTC

NMTC financing helped Interfaith Ministries for Greater Houston develop 53,500 sq. ft. Meals on Wheels Distribution Center….

2010

Dallas, TX | 30th District

Old Parkland Hospital Campus Phase 2

Bank of America

NMTC financing supported renovation of vacant hospital campus into boutique office space, dinning hall and coffee shop. Details: The…

2013

Fort Worth, TX | 12th District

One Safe Place

Chase Lone Star New Markets PeopleFund NMTC

NMTC financing supported 67,000 sq. ft. redevelopment where 16 victim advocacy groups agreed to relocate new full time staff…

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. We were joined by Christopher Giblin, President of TWG Supply. Located in Texas’ 24th Congressional District, TWG Supply supplies aftermarket parts for airport maintenance. After facing challenges in obtaining traditional financing, the business utilized the #NMTC Program to overcome the financing gap. The investment provided the Grapevine, TX based company the working capital to grow its business and workforce throughout the COVID-19 pandemic. Congresswoman Van Duyne’s leadership in supporting permanence for the #NMTC Program will ensure that