Job-Creating Economic Development Project Announced for Grambling, Louisiana

February 5, 2016

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Today, the City of Grambling; Kimble Development; Enhanced Community Development LLC, a subsidiary of Enhanced Capital; Hamptons Roads Ventures LLC; and First NBC Bank announced a dynamic economic development project to provide residents of Grambling, Louisiana, with much-needed retail options, including the town’s only conventional grocery store and pharmacy. Called the Legends Square Retail Development, the project is being financed in part by $10 million of federal New Markets Tax Credit allocation. The development is projected to create 100 full-time, local jobs and will add significantly to the local tax base.