by Allison Kelly | Aug 10, 2018 | Grow America News, New Markets Tax Credits
NDC is proud to support the largest auto supplier investment in the City of Detroit in more than two decades. By providing $8.1 million of New Markets Tax Credits, NDC is assisting Flex‐N‐Gate (FNG) with the construction of a new 494,000 SF manufacturing plant that...
by Allison Kelly | Aug 8, 2018 | Grow America News, Small Business Lending, Technical Assistance
NDC’s Capital Access Fund is highlighted in a recent episode of Morgan Stanley’s Podcast- Access & Opportunity. Carla Harris talks with Morial about common misconceptions around the risks of investing in women and multiculturally-owned businesses, and...
by Allison Kelly | Aug 6, 2018 | Grow America News, Small Business Lending, Technical Assistance
Minority-owned businesses in Broward County now have access to a new pool of capital. The Capital Access Fund (CAF) is a lending initiative which provides capital and business education for minority entrepreneurs. It’s available through a partnership between Morgan...
by Allison Kelly | Aug 2, 2018 | Grow America News, New Markets Tax Credits
NDC announces today a critical New Markets Tax Credit investment in Puerto Rico of $6.5 Million to convert a warehouse into a pharmaceutical manufacturing plant and laboratory. This investment will close a funding gap that has prevented Romark Laboratories (“Romark US...
by Allison Kelly | Jul 31, 2018 | Affordable Housing, Grow America News
July 2018- NDC Corporate Equity Fund XIV announced a LIHTC closing for the $19.8 new construction of McGregor Senior Assisted Living. This Project is part of an overall strategic initiative by the McGregor Foundation to create a senior living campus, located on a...
