Advantage Capital New Markets Tax Credit financing of Modern Mill

Materials · United States · Undisclosed

Advantage Capital provided New Markets Tax Credit and growth capital to Modern Mill (legal entity Sustainable Lumber, Inc.) to support the build-out and expansion of its zero-waste ACRE manufacturing facility in Fernwood/McComb, Mississippi. A related NMTC project tracked separately by the New Markets Tax Credit Coalition recorded a $4,959,718 NMTC amount against a $25,993,052 total project cost, supporting 141 FTE jobs; the specific CDE name on that project page could not be confirmed and is not asserted here. This deal row captures the confirmed Advantage Capital relationship; exact dollar amount and date are undisclosed.