New markets, new capital solutions: Unleashing the power of nmtcs
Partnering with communities and businesses to forge pathways to lasting economic prosperity.
Partnering with communities and businesses to forge pathways to lasting economic prosperity.
Forked Pine is an economic development incentives firm focusing on small businesses and non-profits seeking to begin or expand operations in economically distressed areas. We utilize the full range of local, state, and federal incentives to increase access to capital for our clients. We were involved with the first New Markets Tax Credits transaction in Oklahoma in 2003 and have used USDA programs, TIF, CPACE, Historic Tax Credits, Opportunity Zones and have negotiated various types of sales, use, and property tax exemptions for clients. With over 35 years combined experience and more than $1 billion in incentives obtained through dozens of successful transactions, we are uniquely qualified to find creative solutions to capital needs.
Assisted Dr. Arjumand Hashmi and investor group to secure financing fora new 33,000 square foot heart specialty hospital in rural Clarksville, Texas. The financing included $16.4 million in NMTC allocation, a $12 million loan with a USDA B&I loan guaranty, and a $5.5 million C-PACE loan. Closed November 2023 with net benefit to client from NMTC financing of approximately $3.5 million in upfront funding.
Assisted nonprofit in Oklahoma City to secure financing to construct new headquarters and educational facility. The financing included $10 million in NMTC allocation and $7.9 million loan from local bank. Closed May 2023 with net benefit to client from NMTC financing of approximately $2 million in upfront funding.
Assisted family-owned trailer manufacturing company to secure financing for a new 500,000 square foot manufacturing facility in Paris, Texas. The financing included $29 million in NMTC allocation and an $18 million loan with a USDA B&I loan guaranty. Closed October 2021 with net benefit to the client from NMTC financing of approximately $5 million in upfront funding.
We collaborate with you, drawing on our deep knowledge of financing tools, tax incentives, and community development best practices to craft tailor-made solutions for your unique needs.
We partner to unlock a wide range of economic development tools for you. From established programs like New Markets Tax Credits and Historic Tax Credits, along with USDA guaranteed loan programs, to cutting-edge incentives like PACE financing, we help you identify the right levers to maximize your project’s impact.
We don’t just secure funding; we empower communities and businesses to thrive. We help you create jobs, revitalize neighborhoods, and build a sustainable future for generations to come.
We uphold the highest ethical standards, building trust through transparency and open communication.
Clients benefit from strong closing funds and flexible financing with better rates and terms.
Our success is measured by the positive changes we create in communities and the lives we touch.
With more than 40 years of combined experience, the team at Forked Pine Consulting is a trusted leader in partnering with communities and businesses at every level to create wealth and sustainability
principal consultant & founder
NMTC consultant
PRINCIPAL CONSULTANT & FOUNDER