State Fact Sheet
Community Testimonials​
The NMTC is a significant tool for community developers, as it allows the stakeholders and developers to make change in low income communities on a greater scale. It stimulates additional investment in distressed communities that otherwise would not be made. Finally, it creates Jobs, increases community ownership, and hope for lower income residents.
-Gerald Chester, President & CEO, Central Florida CDC, Daytona Beach, Florida
Virginia Project Profiles
2023
Fayetteville, TN | 4th District
New Markets Tax Credits to help Ariens Company revitalize an abandoned facility bringing 350 new quality jobs to the…
2014
Pittsburgh, PA | 12th District
BVRS outgrew its previous space and renovated an 87,000 sq. ft. five-story building to suit the needs of the…
2017
Memphis, TN | 9th District
Development of a 188,740 sq. ft. facility for sale, service, training and parts distribution for diesel trucks….
2020
North Las Vegas, NV | 1st District
Three Square food bank now has three locations as part of its mission of helping those who are hungry…
2021
Omaha, NE | 2nd District
CEI Capital Management provided $1.9 million in NMTC financing to Habitat for Humanity of Omaha for the construction of…
2019
Boston, MA | 7th District
The renovation of a historic building in Boston’s Mission Hill/Roxbury neighborhood, in which it has been operating for 35…
2020
Camden, NJ | 1st District
NMTC allocation for the renovation and equipment purchase to transform a vacant commercial building into an industrial laundry processing…
2020
Springfield, MA | 1st District
Finances the renovation and expansion of a vacant 43,515-sq. ft., single-story office building on 4.31 acres, repurposed into a…
2006
Seattle, WA | 7th District
The Jim Wiley Community Center involved the acquisition and rehabilitation of a 22,000 sq. ft. community center located in…
2020
Oklahoma City, OK | 5th District
Financing for the construction of a new 30,000 sq. ft. full-service grocery store located in a designated food desert…