Community Development Finance - Arkansas Capital Corporation

Heartland Renaissance Fund

Arkansas Capital's affiliate, Heartland Renaissance Fund, LLC (HRF) is a certified Community Development Entity (CDE) and a multi-round recipient of the U.S. Treasury’s New Markets Tax Credits (NMTCs). Since 2003, HRF has received $375 million in allocation. These NMTC credits have been invested into over 40 projects in low-income communities throughout our service area. HRF provides flexible, below-market rate financing to projects focusing on creating quality jobs and catalytic economic growth in underserved communities. HRF provides financing to projects with demonstrable community impacts and structures each investment to provide maximum benefit to the project.

Service Areas & Projects

Serving Arkansas, Kansas, Oklahoma, Louisiana, Mississippi, Texas and Tennessee.

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

Map Eligible NMTC Locations

NMTC Fact Sheet

NMTC Coalition

36

Number of projects funded in our service area

2,370+

students served annually

3,894+

jobs

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.