Arkansas Capital Corporation Awarded $35 Million in Federal New Markets Tax Credits Allocation
The U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI) announced this week that Arkansas Capital Corporation, a CDFI Community Development Entity, is one of 73 applicants selected nationwide to share a total of $3.5 billion in New Markets... Read More →
Heartland Renaissance Q & A with Christa Clark
Arkansas Capital is proud to announce that its CDE, Heartland Renaissance Fund, LLC, has been awarded a $65 million allocation in New Markets Tax Credits to foster investment in businesses and economic activities in low income and underserved communities throughout... Read More →
E-Waste Mining Center Digs Up NMTCs
Download pdf: E-Waste Mining Center Digs Up NMTCs A new electronic waste (e-waste) recycling center under construction in Osceola, Ark., has project partners calling it “the place where the Silicon Valley meets the Mississippi Delta.” Developed by California-based BlueOak Resources Inc. using federal new markets... Read More →
CDFI Fund Launches New Mapping System, Helps CDEs Transition
The Community Development Financial Institutions (CDFI) Fund today launched the latest version of its CDFI Information Mapping System (CIMS3). The web-based tool allows organizations interested in getting certified as a CDFI or community development entity (CDE), or those interested in... Read More →
Mann on Main Project Opens Today
Doyle Rogers Company and Moses Tucker Real Estate will be officially opening the doors of its Mann on Main mixed use (office/residential/retail) asset, the fully restored and redeveloped former Blass Department Store at Main & 4th Streets, Downtown Little Rock,... Read More →
$22 million Main Street redevelopment project dedicated
A $22 million redevelopment of a historic structure on Little Rock’s Main Street was formally dedicated Thursday, the latest effort in an ongoing process to revitalize the once active downtown stretch. The Mann on Main project in the former Blass... Read More →
Developers Mark Opening of Mann on Main in Little Rock
Doyle Rogers Co. and Moses Tucker Real Estate on Thursday marked the grand opening of its Mann on Main mixed-use building, the fully restored and redeveloped former Blass Department Store at Main and 4th streets in downtown Little Rock. The... Read More →
Heartland Renaissance Fund Names Becka Webb Vice President
Heartland Renaissance Fund, an affiliate of The Arkansas Capital Corporation Group, is pleased to name Becka Webb as vice president. Webb will focus on implementing state and federal New Markets Tax Credit (NMTC) allocations through Heartland. Heartland has $200 million... Read More →
Heartland Fund of Little Rock Invests $10M in SGL’s Ozark Plant
Heartland Renaissance Fund of Little Rock announced Tuesday that it will invest $10 million in a new SGL Group facility in Ozark. SGL manufactures graphite and carbon electrodes and other carbon-based products. Its Ozark operation, opened in 1981, employs roughly 90. Heartland’s... Read More →