Abingdon, Virginia (July 31, 2024) – The Innovate Fund (TIF), a Community Development Entity, has announced a significant New Market Tax Credit (NMTC) investment of $5.5M in EO Companies (EO), a non-profit organization that focuses on education, workforce innovation, and wellness so that future generations can thrive in a rapidly evolving world. TIF’s Program Manager […]
SHELBYVILLE, TENNESSEE, JULY 31, 2024 – Cooper Steel, a family-run company specializing in steel fabrication and erection, has secured $40.7 million in New Markets Tax Credit (NMTC) financing from four lenders to support its expansion project in Shelbyville, TN. The lenders include The Innovate Fund ($13 million), Pathway Lending ($12 million), Heartland Renaissance Fund ($11.7 […]
SANTEE, SC (July 30, 2024) – Premium Peanut is pleased to announce the closing of a project finance transaction involving $42 million in New Markets Tax Credit (NMTC) allocation that will support the company’s expansion in Santee, South Carolina. This NMTC allocation will help finance construction of the Company’s new peanut shelling facility and was […]
