Cases & Deals

Capital One finances Tarrant Area Food Bank's construction of new administrative building in Fort Worth, Texas, generates new markets tax credits, and invests in two community development entities

Clients Capital One Bank, N.A.

Jones Day represented Capital One Bank, N.A., as investor and lender, in the financing of the Tarrant Area Food Bank's construction of a new 29,000-square-foot administrative building in Fort Worth, Texas, generating new markets tax credits. The transactions also involved investments by Capital One in two community development entities (CDEs) and loans totaling $5,920,000 by those CDEs to an affiliate of the Tarrant Area Food Bank.

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