COMMUNITY DEVELOPMENT FINANCE

HEARTLAND RENAISSANCE FUND

Our subsidiary, Heartland Renaissance Fund, LLC (HRF) is one of the largest Arkansas-focused community development entities (CDE) and multi-round recipient of the U.S. Treasury’s New Market Tax Credit Allocation. Having received $265 million in federal allocation since 2003, these NMTC credits have been monetized and invested in a variety of operating businesses as well as educational and commercial real estate projects in low-income communities. HRF provides flexible, below-market rate financing to projects focusing on operating businesses, health care and education-related projects that create quality jobs and increase economic opportunities in their communities. HRF provides financing to projects with demonstrable community impacts and structures each investment to provide maximum benefit to the project.

ADVISORY SERVICES

HRF’s team members are highly experienced in structuring investment capital for innovative, early stage, and high growth companies in a variety of industries. Combined team member transaction experience exceeds $1.1 billion with over 75 years of collective knowledge.

  • Tax Credit Syndication / Tax Credit Finance
  • Public Private Partnership Opportunities
  • Alternative Financing Solutions
VALUABLE LINKS

Meet Our Team
NMTC Project Intake Form
NMTC Eligible Tracts
NMTC Mapping Tool
NMTC Fact Sheet
CDFI Fund
NMTC Coalition

35+
PROJECTS FUNDED
$200m
NMTC CAPITAL DEPLOYED
3,538
FULL TIME JOBS CREATED/RETAINED

INCREASED INVESTMENT

We strive to stimulate economic development in communities underserved by traditional lending sources.

FEDERAL NEW MARKETS TAX CREDITS

The New Markets Tax Credits (NMTCs) was enacted by Congress in 2000 as part of the Community Renewal Tax Relief Act. The goal of the program is to spur revitalization efforts in economically distressed communities across the United States.

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OUR AFFILIATE COMPANIES