by Allison Kelly | Feb 2, 2010 | Affordable Housing
Fifth Third, Key are First to Invest NDC Corporate Equity Fund IX launched in March, and in the third quarter, received its first commitment, from Fifth Third Bank for $8.0 million, announced Ann Vogt, CEF managing director. A second investor, Key Bank, has committed...
by Allison Kelly | Feb 2, 2010 | Small Business Lending
Nassau County, NY – Ground was broken in Hempstead (Nassau County, Long Island), NY for the future home of the Law Office of Frederick K. Brewington. The purchase and renovation of an existing building in Hempstead was financed with a $1.2 million loan from the Grow...
by Allison Kelly | Feb 2, 2010 | Renewable Energy Tax Credits
San Bernardino, CA – The San Bernardino Redevelopment Agency (RDA) has been an NDC client for 25 years, with NDC Field Director Scott Rodde providing a full range of NDC development assistance services, including evaluating credit, negotiating transaction terms,...
by Allison Kelly | Feb 2, 2010 | Affordable Housing
Seattle, WA – Construction has begun on Claremont Apartments, a mixed-use development in Seattle’s low-income southeast community. Claremont Apartments is a project of SouthEast Effective Development (SEED), a not-for-profit community development organization...
by Allison Kelly | Feb 2, 2010 | Affordable Housing
Gastonia, NC – The North Carolina Housing Finance Agency (NCHFA) named our Corporate Equity Fund (CEF) project, Gateway Village their November 2009 “development of the month.” Gastonia Mayor Jennie Stultz attended a ribbon-cutting barbecue with tenants on August 14,...
