Impact Marketplace: 2025 Year in Review

In 2025, Impact Marketplace helped deploy $257MM+ in NMTC financing to projects creating jobs, expanding healthcare access, and strengthening communities nationwide.

In 2025, Impact Marketplace supported the closing or assistance of $257MM+ in New Markets Tax Credits (NMTC) across 14 projects nationwide, advancing critical investments in manufacturing, healthcare, food systems, nonprofit facilities, and other job-creating businesses located in underserved communities.

As demand for NMTC capital remained strong, our team worked closely with Community Development Entities (CDEs), investors, and project sponsors to help move complex transactions from allocation matching through compliant closings. These projects reflect a wide range of community needs and geographies, while sharing a common goal: using flexible, long-term NMTC financing to close funding gaps and accelerate place-based economic development.

Together, the projects highlighted in this Year in Review demonstrate how New Markets Tax Credits continue to translate federal policy into tangible outcomes—supporting quality job creation, expanding access to essential services, and strengthening local economies across urban, rural, and non-metro communities.

Together, these projects reflect the geographic and sector diversity of NMTC activity in 2025, spanning manufacturing, healthcare, food systems, nonprofit facilities, and other job-creating businesses. Across urban, rural, and non-metro communities, each investment demonstrates how New Markets Tax Credits can be deployed flexibly to address local needs, support quality jobs, and advance long-term economic development nationwide.

New Markets Tax Credits Impact in 2025

1,321 FTEs Created

In the past year, Impact Marketplace has created over 1,300 employment opportunities across the U.S.

639 FTEs Retained

New Markets Tax Credit allocation has reinforced 639 jobs, along with enhancing benefits, retirement plans, and training.

73% Accessible Jobs

Out of over 2,000 permanent positions Impact has touched, almost three quarters of those roles are accessible to low-income individuals and/or people with less than a four-year degree.

Average Wage $26.03

Jobs enhanced by Impact Marketplace pay an average wage of $26.03 per hour, which is 3.6x the national minimum wage.

NMTC Capital Deployed in 2025

In 2025, Impact Marketplace supported the closing or assistance of $257MM+ in New Markets Tax Credits (NMTC) across 14 projects nationwide, deploying flexible, long-term capital to communities where conventional financing alone was insufficient.

These NMTC investments supported a diverse range of projects—including manufacturing facilities, healthcare and behavioral health centers, food systems infrastructure, nonprofit facilities, and other job-creating businesses—each designed to meet local economic and community needs. Across urban, rural, and non-metro geographies, NMTC financing helped close funding gaps, accelerate development timelines, and enable projects to move forward at scale.

Collectively, these transactions demonstrate the continued role of New Markets Tax Credits as a critical tool for catalyzing private investment, supporting quality job creation, and strengthening local economies in underserved communities.

Total NMTC Allocation Secured and Closed

In 2025, Impact Marketplace secured and assisted in closing over $257MM in Federal New Markets Tax Credit Allocation, benefitting small-to-medium sized businesses and non-profits across the United States. This funding has been used to renovate abandoned facilities, create quality jobs, provide access to healthcare, and prioritize community spaces. Through the New Markets Tax Credit Program, Impact Marketplace is able to support country-wide initiatives to revitalize communities and catalyze local economic growth.

Projects Closed in 2025

Below is a snapshot of each project closed in 2025. Each project reflects the diversity of NMTC-eligible development and the range of communities supported through the program. Each project below illustrates how New Markets Tax Credits translate federal policy into tangible, place-based outcomes.

Standard Meat Company Expansion – Fort Worth, TX

This project closed using New Markets Tax Credit (NMTC) financing to support the acquisition and redevelopment of a former cold storage facility into Standard Meat Company’s fifth manufacturing and processing plant in the Dallas–Fort Worth region. The NMTC investment supports expanded protein processing operations serving national and international foodservice clients while strengthening a key industrial employer in the Fort Worth Stockyards area.

The project is expected to create 200 full-time equivalent jobs, all designated as quality jobs with comprehensive benefits and wages exceeding the local living wage. By expanding production capacity and activating an underutilized facility, the investment contributes to local economic growth, supply-chain activity, and ongoing revitalization efforts in Fort Worth.

Read full NMTC closing announcement →

Standard Meat’s Expansion Revitalizes Fort Worth with New Jobs

Two Rivers Lumber Company Sawmill – Kellyton, AL

This project closed using New Markets Tax Credit (NMTC) financing to support the construction of a new, state-of-the-art sawmill in Coosa County, Alabama. The facility will produce southern yellow pine lumber using advanced, energy-efficient technology, helping meet growing domestic and international demand while supporting sustainable forestry practices.

The NMTC-financed investment is expected to create 130 full-time equivalent jobs with wages significantly exceeding the local living wage, along with approximately 150 temporary construction jobs. Located in a state-designated impact zone, the project is also projected to generate substantial indirect employment across trucking, raw material supply, and related industries, contributing to long-term economic growth in a non-metro, high-poverty region.

Read full NMTC closing announcement →

Electrical Accessories Unlimited Expansion – St. Louis, MO

This project closed using New Markets Tax Credit (NMTC) financing to support the acquisition, expansion, and renovation of Electrical Accessories Unlimited, an electrical manufacturing company located in South St. Louis. The NMTC investment enables the company to remain and grow within the City of St. Louis while expanding production capacity and strengthening a minority-owned business.

Through NMTC financing, the project will retain 33 full-time jobs and create 31 new full-time positions, with a majority of new roles accessible to workers without a four-year degree. The expansion supports a diverse, multicultural workforce—including employees recruited through local shelters and refugee support organizations—while contributing to economic stability in an Opportunity Zone and HubZone community.

Read full NMTC closing announcement →

EAU Ignites Bold Growth and Opportunity in St. Louis

Premium Brands Warehouse Expansion – Springdale, AR

This project closed using New Markets Tax Credit (NMTC) financing to support the construction of a new 117,500-square-foot warehouse in Springdale, Arkansas, expanding Premium Brands’ distribution operations in Northwest Arkansas. Located less than 20 miles from the company’s Fayetteville headquarters, the facility is designed to meet growing regional demand while strengthening logistics and supply-chain capacity.

The NMTC-financed expansion will retain 93 full-time jobs and create 14 new positions, all accessible to local workers and offering wages above the county living wage. By supporting workforce retention, job creation, and operational growth in an area with elevated unemployment, the project contributes to long-term economic stability and employment opportunities in the Springdale community.

Read full NMTC closing announcement →

Premium Brands Launches New Distribution Hub in Springdale

80 Acres Farms Vertical Farming Expansion – Boone County, KY

This project closed using New Markets Tax Credit (NMTC) financing to support the expansion of 80 Acres Farms’ indoor vertical farming facility in Boone County, Kentucky. The NMTC-financed investment supports increased production capacity at the existing facility, helping meet growing regional demand for locally grown, sustainably produced fresh food.

The expansion is expected to create 145 full-time equivalent jobs, all offering comprehensive benefits and wages well above the county living wage. By combining advanced agricultural technology, renewable energy, and workforce-accessible employment, the project strengthens local food systems while supporting economic opportunity in a severely distressed community.

Read full NMTC closing announcement →

80 Acres Opens New Kentucky Facility, Driving Job Growth

Tillamook Ice Cream Manufacturing Facility – Decatur, IL

This project closed using New Markets Tax Credit (NMTC) financing to support the acquisition and redevelopment of a shuttered dairy facility in Decatur, Illinois, repositioning the campus as a dedicated ice cream manufacturing plant serving the growing Eastern U.S. market. The NMTC investment enables Tillamook County Creamery Association’s first owned and operated manufacturing facility outside of Oregon and supports the company’s national expansion strategy.

The project is expected to create 69 full-time equivalent jobs with wages well above the local living wage, along with approximately 90 temporary construction jobs. By revitalizing a long-vacant industrial site and expanding high-quality food manufacturing in a severely distressed community, the project contributes to workforce accessibility, neighborhood revitalization, and long-term economic stability in Decatur.

Read full NMTC closing announcement →

SIHF Healthcare Facility Expansion – Belleville, IL

This project closed using New Markets Tax Credit (NMTC) financing to support the acquisition and renovation of a downtown Belleville facility, expanding access to comprehensive outpatient healthcare services in a medically underserved community. The NMTC investment enables Southern Illinois Healthcare Foundation (SIHF) to reconfigure and modernize the facility into an integrated care hub offering primary care, specialty services, diagnostics, and population health support.

The project will create and retain approximately 113 full-time equivalent jobs, with a majority classified as quality jobs offering wages well above the county living wage and comprehensive benefits. By expanding access to primary care, specialty services, and pharmacy operations, the project strengthens healthcare delivery for low-income residents while contributing to broader downtown revitalization efforts in Belleville.

Read full NMTC closing announcement →

Southland Steel Facility Expansion – Greensburg, LA

This project closed using New Markets Tax Credit (NMTC) financing to support a 50,000-square-foot expansion and major equipment upgrades at Southland Steel’s structural steel fabrication facility in Greensburg, Louisiana. The NMTC investment enables the company to modernize operations, increase automation, and significantly expand fabrication capacity to meet growing demand in industrial and energy markets.

The expansion will create 80 full-time equivalent jobs and retain 199 existing positions, with wages exceeding the parish living wage and a high percentage of roles accessible to workers without a four-year degree. By enhancing manufacturing efficiency, improving workplace safety, and strengthening workforce development in a severely distressed community, the project supports long-term industrial growth and economic stability in St. Helena Parish.

Read full NMTC closing announcement →

Southland Steel Expansion Drives New Jobs in Louisiana with NMTC

Mixed-Up Cocktail Expansion – Deming, NM

This project closed using New Markets Tax Credit (NMTC) financing to support the completion and expansion of a new production facility in Deming, New Mexico, dedicated to the manufacture of distilled spirits and canned cocktails under the Mixed-Up Cocktail Co. brand. The NMTC investment supports facility upgrades, specialized production equipment, cold storage, and working capital needed to scale national and international distribution.

The project is expected to create approximately 15–20 full-time equivalent jobs, with a majority accessible to workers without a four-year degree and a significant portion filled by minority and Native American employees. Located in a rural, non-metro community, the expansion strengthens local manufacturing, supports agricultural development through a planned on-site agave farm, and contributes to economic revitalization in a low-income area of southwest New Mexico.

Read full NMTC closing announcement →

NMTC Support Propels Little Toad Creek’s Growth in Rural New Mexico

Harris House Foundation Behavioral Health Facility – St. Louis, MO

This project closed using New Markets Tax Credit (NMTC) financing to support the construction of a new 25,920-square-foot behavioral health facility in south St. Louis, expanding access to substance use disorder treatment in a high-poverty community. The NMTC investment enables Harris House Foundation to increase its residential treatment capacity, improve facility accessibility, and enhance safety for clients and staff.

The project is expected to create up to 15 new full-time equivalent jobs and retain 22 existing positions, all offering benefits and opportunities for advancement. By expanding treatment capacity from 240 to 300 individuals annually and improving access via public transit, the project strengthens critical behavioral health infrastructure while addressing a significant unmet need among low-income and medically vulnerable populations.

Read full NMTC closing announcement →

New Markets Tax Credits Support Behavioral Health Expansion in South St. Louis: Harris House South Broadway

Northside Center for Power & Transformation – St. Louis, MO

This project closed using New Markets Tax Credit (NMTC) financing to support the acquisition and rehabilitation of a 36,000-square-foot community facility in North St. Louis, creating the Northside Center for Power & Transformation. Led by ArchCity Defenders and Action St. Louis, the NMTC-financed investment brings multiple legal, social, and community services together under one roof in a historically disinvested neighborhood.

The project will create and retain approximately 83.5 full-time equivalent jobs, all classified as quality jobs with wages exceeding the local living wage and comprehensive benefits. By expanding access to legal aid, social services, and community organizing space, the Center is expected to serve thousands of low-income and BIPOC residents annually while contributing to workforce opportunity and long-term revitalization in North St. Louis.

Read full NMTC closing announcement →

Roswell Modular Housing Facility – Roswell, NM

This project closed using New Markets Tax Credit (NMTC) financing to support the acquisition and renovation of the former Roswell International Air Center, a 420,000-square-foot industrial facility in Roswell, New Mexico. The NMTC investment enables Millennium Holdings to reposition the site for advanced manufacturing and aviation-related uses, anchored by BiltWise Structures’ modular housing production operations.

The project is expected to create approximately 330 full-time equivalent jobs, with a high percentage classified as quality, living-wage positions accessible to local residents without a four-year degree. By supporting large-scale manufacturing of system-built homes intended for affordable housing markets, the project strengthens workforce opportunities, reactivates a long-vacant facility, and contributes to economic revitalization in a rural, high-poverty community.

Read full NMTC closing announcement →

$16M NMTC Investment Revitalizes Jobs and Housing in Roswell, NM

Stakes Manufacturing Modernization and Automation Project – Eastlake, OH

This project closed using New Markets Tax Credit (NMTC) financing to support a comprehensive modernization and automation upgrade at Stakes Manufacturing’s production facility in Eastlake, Ohio. The NMTC investment enables the acquisition of advanced printing, cutting, robotics, and warehouse automation systems designed to significantly increase production efficiency and scalability in the print-on-demand apparel sector.

The project will create approximately 95 full-time equivalent jobs and retain 219 existing positions, all classified as quality, living-wage jobs accessible to workers without a four-year degree. By investing in advanced manufacturing technology, workforce training, and inclusive hiring practices, the project strengthens local employment opportunities while reinforcing long-term economic stability in a low-income community.

Read full NMTC closing announcement →

Module Building Systems Modular Manufacturing Facility – St. Louis, MO

This project closed using New Markets Tax Credit (NMTC) financing to support the establishment of a new modular manufacturing facility for Module Building Systems (MBS) in St. Louis, Missouri. The NMTC investment enables MBS to lease and equip industrial space to produce advanced, panelized building systems using a patent-pending post-tensioning technology designed for commercial, residential, and affordable housing construction.

The project will create and retain approximately 86 full-time equivalent jobs, all classified as quality positions with wages well above the local living wage and a high percentage accessible to workers without a four-year degree. By introducing a new modular construction manufacturing industry to the St. Louis region and partnering with Ranken Technical College for workforce training, the project supports local job creation while expanding the supply of cost-effective building solutions for underserved communities.

Read full NMTC closing announcement →

Nationwide Reach, Local Impact

Impact Marketplace supported NMTC projects in communities across multiple regions in 2025, reflecting the nationwide demand for flexible financing in underserved areas. While each project addressed a unique local need, together they demonstrate the NMTC program’s ability to catalyze economic growth at scale—while remaining grounded in community outcomes.

Our role throughout the year focused on coordination, clarity, and execution—helping partners navigate NMTC requirements while keeping transactions moving toward closing.

Strengthening Communities Through NMTC

The New Markets Tax Credit program continues to be a critical tool for financing projects that might otherwise struggle to secure conventional capital. In 2025, Impact Marketplace remained committed to ensuring NMTC investments translated into tangible outcomes—whether through new jobs, expanded services, or revitalized community spaces.

By pairing experienced execution with a streamlined platform, we helped project sponsors and CDEs focus on what matters most: delivering lasting impact in the communities they serve.

Looking Ahead to 2026

As NMTC demand continues to exceed available allocation, Impact Marketplace remains focused on execution, transparency, and outcomes—ensuring capital reaches the communities where it can create lasting impact.

We are grateful to our partners—CDEs, investors, and project sponsors—who made 2025 a year of meaningful progress and measurable impact.

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team@impactmarketplace.com

Feb 17 2026

Closed Projects

SIHF Healthcare Begins Renovating Downtown Belleville Facility