Virginia Stories, and Impact

State Fact Sheet

Community Testimonials​

It’s almost like it was waiting for us. It was meant for us. We will have the leadership team under one roof for the first time ever, which will be amazing.

Karen Stanley, CEO, CARITAS, VA

Virginia NMTC Videos

Monogram Food Solutions

Virginia Project Profiles

Emory & Henry Health Sciences Building

Emory & Henry Health Sciences Building
Project City:
Emory,
Project Year:
(2019)
Emory and Henry College’s Health Sciences program is expanding and providing more resources to its curriculum and associated Mel Leaman Free Clinic located next door. The project is the second …
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The CARITAS Center

The CARITAS Center
Project City:
Richmond,
Project Year:
(2019)
NTCIC is pleased to announce the successful financial closing for the rehabilitation of the vacant Philip Morris Blended Leaf Complex in downtown Richmond, Virginia into a new headquarters for Congregations …
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Phoenix Packaging

Phoenix Packaging
Project City:
Dublin,
Project Year:
(2018)

Sessions Hotel

Sessions Hotel
Project City:
Bristol,
Project Year:
(2018)
Adaptive reuse of local landmark as a boutique hotel and centerpiece of downtown revitalization efforts. “We’re excited about it,” said Kimberly Christner, president and CEO of Cornerstone and a partner …
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Church Hill North Retail Center

Church Hill North Retail Center
Project City:
Richmond,
Project Year:
(2018)
Construction loan for mixed-use development with grocery store, pharmacy, credit union, community space. The Church Hill North area is designated as a food desert. Affordable, healthy, nutritional food choices are …
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Martinsville Clean Energy Plant

Martinsville Clean Energy Plant
Project City:
Martinsville,
Project Year:
(2017)
The Martinsville Clean Energy project successfully combined Investment Tax Credits and New Markets Tax Credits for the design, construction and installation of state-of-the-art clean energy generation technology into an anaerobic …
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Commonwealth Crossing Business Centre

Commonwealth Crossing Business Centre
Project City:
Ridgeway,
Project Year:
(2017)
Commonwealth Crossing Business Centre (CCBC) is a modern business and technology park designed to attract major manufacturers with the potential to add value to the local economy and create thousands …
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River District Tower

River District Tower
Project City:
DANVILLE,
Project Year:
(2016)
The City of Danville, Virginia was founded in 1793 and chartered in 1830. Like so many other manufacturing areas that have lost their traditional industries, the area has its challenges …
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Monogram Food Solutions

Monogram Food Solutions
Project City:
Martinsville,
Project Year:
(2015)
NMTCs enabled Monogram Snacks to expand their facility in Martinsville, VA by 56,000 sq. ft. and renovate space in the original production plant. This facility serves as a distribution center …
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Altria Theater

Altria Theater
Project City:
Richmond,
Project Year:
(2013)
The Carpenter Theatre first opened its doors in 1928 as a Loew’s Theater for moving pictures. It was shuttered in 1979 due to competition from suburban mul-tiplexes and changing demographics, …
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Petersburg Library

Petersburg Library
Project City:
Petersburg,
Project Year:
(2013)
Petersburg Library Foundation (PLF), was formed as a nonprofit in 2002 to fundraise capital for a new 42,160 sq. ft. library in Petersburg, VA. PLF raised $10 million in cash …
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Tiger Fibers

Tiger Fibers
Project City:
Lawrenceville,
Project Year:
(2012)
Bio-fuels producer from post recycled municipal solid waste: MRC provided equity like loans to Fiberight for the acquisition and installation of equipment at its facility in rural Lawrenceville, Virginia, a …
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Roanoke City Market Building

Roanoke City Market Building
Project City:
Roanoke,
Project Year:
(2011)
In July 2011, Hampton Roads Ventures invested $9,730,000 in the Roanoke City Market Building, a Certified Historic Structure and former center of commerce and social interaction for downtown Roanoke.Built in …
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Blue Ridge Medical Center

Blue Ridge Medical Center
Project City:
Arrington,
Project Year:
(2011)
In 2011, the use of NMTCs combined with a Health Resources and Services Administration (HRSA) grant enabled the construction of a $7.2 million medical center and dental clinic which provide …
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Waters Place

Waters Place
Project City:
Culpepper,
Project Year:
(2011)
In 2007, Octagon Partners, a national real estate investment firm, purchased two historic buildings in downtown Culpeper, Virginia and announced plans to revitalize the commercial center in this distressed community …
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