Southern Community Capital, LLC, (SCC) is a Community Development Entity (CDE) as certified through the CDFI Fund, a division of the Department of the Treasury. A subsidiary of Trustmark National Bank, SCC focuses its New Markets Tax Credit (NMTC) allocation deployment into the following types of projects: Industrial Expansions, Catalytic Neighborhood Developments, Start-up Manufacturers, and Community Facilities within its specified service area of Mississippi and Alabama.
Through a variety of investment vehicles, including NMTC's and Historic Tax Credits, SCC is able to provide below-market cost capital to projects in underserved low-income communities that have deep and significant community impact. SCC places an emphasis on projects that facilitate substantial job creation, which, in turn increases individual wealth for low-income individuals.
Hub City Lofts, Hattiesburg
Resinall Mississippi, Hattiesburg
Iron Horse Grill, Jackson
University Park, Jackson State