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.