Duquesne, PA – Since the decline of the steel industry in 1980, the Greater Pittsburgh Community Food Bank (GPCFB) has actively strived to feed the hungry. They serve an 11-county area with over 400 partner agencies (including smaller regional and rural food banks, food pantries, homeless shelters) and seven Partner Distribution Organizations (PDOs), which made it possible to distribute 35 …
Westervelt Lumber
Thomasville, AL – The $191.6 million facility will produce approximately 250 million board feet of pine lumber annually, taking advantage of the company’s nearby timberland and other facilities. The new mill created 125 permanent full-time jobs in a census tract with an unemployment rate of 21.8% and poverty rate of 20.5%. Workers earn over 207% of the average living wage …
Super-Pufft Snacks, USA
Perry, FL – Super-Pufft Snacks USA, a private label snack manufacturer/distributor in Perry, Florida, revitalized the community in 2017 when they purchased a vacated manufacturing facility that had recently left 250 full-time employees without a job. The loss of a major employer led the City of Perry to reduce their budget by 6% and increase taxes; a devastating blow to …
West Virginia Great Barrel Company
White Sulphur Springs, WV – RDP invested $15 Million of its New Markets Tax Credits allocation for WVGBC to construct a new barrel manufacturing facility in White Sulphur Springs, WV. White Sulphur Springs and the region surrounding the new cooperage has a substantial population of unemployed, underemployed and low-income citizens, in large part to due disappearing industries such as forestry …
Atlanta Community Food Bank
East Point, GA – RDP partnered with The Reinvestment Fund, Kroger, and PNC Bank to provide the Food Bank $46MM in New Markets Tax Credit Financing to construct and operate a new 345,000 SF warehouse and distribution facility in East Point, GA. The new facility will allow the Food Bank to double its distribution of food to those in need. The …
Sherwood Forest Camp
Lesterville, MO – Located on 478 acres in rural Missouri, Sherwood Forest Camp provides comprehensive, year-round enrichment programs for children in low income communities, aged 6-18 from St. Louis City and County (over 100,000 youth served since its inception). One of only two month-long residential camps in the U.S. serving this population, Sherwood Forest delivers exceptional outcomes for its campers: …
Bongards Creameries
Humboldt, Tennessee may be best known for 80 years of hosting the annual West Tennessee Strawberry Festival. Like many towns in rural America, Humboldt’s greatest resource is its people, which is why a 13% population decline since the 2000 census hurt so much (9467 residents in 2000 to 8235 in 2016). The Great Recession saw the loss of factories and …
Lopiwa
Pepe’ekeo, HI – This project involves the transformation of former sugar plantation land into a eucalyptus plantation, the construction of a new, state-of-the-art veneer mill and the conversion to biomass fuel of two oil-fired electric generation plants. This project realizes economic goals of the state of Hawaii to revitalize the economy and environment. The Tradewinds Veneer Mill constructed will create …
American Processing Inc.
Alpena, MI – American Process, Inc., utilized New Market Tax Credits to create 20 new jobs for a biorefinery project at its Alpena, Michigan plant site. The project included the new construction of a biorefinery where API employed a modified version of its Green Power+ process whereby an extraction and ethanol production modules were added to the front of a …
New England Forestry
Jackman, ME – In 2005, a small group of investors recognized the importance of the lumber industry in Maine. The wood industry is one of the largest employers in the state, accounting for approximately 19,000 jobs. The group of investors utilized New Markets Tax Credits to enhance the credit terms of their forested land purchase, which accounts for 2.25% of …
