Texas

State Fact Sheet

Map of Selected Projects in Texas

Community Testimonials

The New Markets Tax Credit program is a vital resource in supporting small business resiliency. It will help move from paycheck protection to long-term self sufficiency for these vital economic resources for our national economic recovery efforts.

-Micheal Ross, The Business Valued Advisor Fund, Austin, Texas

Selected Projects in Texas

2022

Conroe, TX | 8th District

Heat Transfer Tubular Products (2022)

Greenline Ventures

Heat Transfer Tubular Products, LLC is a leading value-added distributor of niche products to OEM’s of heat exchangers, condensers,…

2022

Mesquite, TX | 32nd District

Tubelite, Inc.

CEI Capital Management

NMTC financing was used to provide for working capital needs, plus reimbursement for capital improvements at Tubelite’s facility in…

2012

Carrizo Springs, TX | 23rd District

H-E-B Grocery

TransPecos Development Corp

Carrizo Springs, Texas, is a historically distressed, rural area with a high poverty rate and an unemployment rate almost…

2017

El Paso, TX | 15th District

Center Against Sexual & Family Violence

Northern CDE

NMTC financing supporetd a nonprofit focused on crisis intervention and advocacy for victims of sexual and family violence….

2017

El Paso, TX | 15th District

Rayito De Sol Daycare & Learning Center

Texas Mezzanine Fund

NMTC financing supported a provider of top-quality Spanish immersion classes and daycare for children in El Paso, TX….

2016

Midland, TX | 11th District

West Texas Food Bank

MBS Urban Initiatives USBCDE

NMTC financing supported new construction of a 11,150 sq. ft. facility for food bank education and programming, food storage,…

2022

Breckenridge, TX | 25th District

EZPack Bridgeport

Advantage Capital

EZPack Bridgeport is a manufacturer of refuse trucks. This project facilitated a business asset purchase of Bridgeport Manufacturing’s assets…

2021

Austin, TX | 35th District

Mobile Loaves and Fishes – Community First Village Phase II

Urban Development Fund (Aries Capital)

Mobile Loaves will use UDF’s investment to finance the new construction of a campus providing affordable housing and supportive…

2018

Tyler, TX | 1st District

Texas College

Greenline Ventures

Construction of a student academic center at a historically black college located in Tyler, Texas….

2021

McKinney, TX | 3rd District

Petoskey Plastics

AMCREF PNC Texas Mezzanine Fund

Acquisition, renovation and equipping of an environmentally focused plastics extrusion facility in McKinney, TX….

2018

Houston, TX | 18th District

Hope Harbor

Capital One PeopleFund NMTC Urban Action Community Development

NMTC financing supported a nonprofit organization providing transitional housing for Houston’s homeless population…

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….

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

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