West Virginia Data and Stories

Map of Selected Projects in West Virginia

Community Testimonials

The NMTC is a pivotal tool that seriously assists in economic development. From a creditors standpoint it reduces the risk in the investment of financing the project. From a developers standpoint the NMTC can be the triggering factor to make the overall a project move forward. The NMTC projects create growth in the economy, especially in distressed and underserved markets that are in dire need to investments. This types of economic development tools are critical to allow for future growth. MVB Community Development Corporation is fully supportive of the NMTC and has seen firsthand of how these types of credits can and will continue to foster growth.

-Martin Howe, President, MVB Bank Community Development Corporation, Clarksburg, West Virginia

Selected Projects in West Virginia

Rural Development Partners and the National Development Council used the NMTC to help West Virginia Great Barrel Company (WVGBC) construct a new barrel manufacturing facility in White Sulphur Springs, WV.
Financing for Allegheny Wood Products, Inc. an operator of six sawmills in three states.
Schoenbaum Family Enrichment Center, Inc provides versatile space to be shared by a community.
Rehab of the Wheeling Stamping Building in Wheeling, West Virginia, a 94,000 sq. ft. brick warehouse.

Site visits and recent news related to West Virginia NMTC Projects

Sen. Capito (R-WV) tours Robinson Grand Theater in Clarksburg

Capito took a tour through the building, learning more about the future of the renovated facility. It was part of a tour through the state highlighting economic development opportunities in many different industries.
Feb-2018