by Allison Kelly | Aug 15, 2018 | Grow America News, New Markets Tax Credits
NDC Technical Assistance efforts in Spartanburg, SC assisted Northside Development Group (NDG) and partners close over $21.5M in NMTC Allocation. The Franklin School, an early childhood education center in the Northside community, received a $10 million allocation and...
by Allison Kelly | Aug 13, 2018 | Affordable Housing, Grow America News
The Belchertown assisted living facility, operated by Christopher Heights, is a 83-unit project located approximately 20 miles northeast of Springfield, MA. Built on land that formerly housed the Belchertown State School for the Feeble-Minded (the school was shut down...
by Allison Kelly | Aug 13, 2018 | Advocacy, Grow America News
After careful consideration, we have decided to close the National Development Council’s Washington, DC Office. The staff is winding down all current activities and closure will be completed by August 31, 2018. Although this was a difficult decision given NDC’s...
by Allison Kelly | Aug 10, 2018 | Grow America News, Small Business Lending, Technical Assistance
The City of East St. Louis and the National Development Council announce a new opportunity to create jobs and help expand small businesses. Facilitated by a $500,000 equity investment approved by City Council, the Grow East St. Louis Fund will make $2 million...
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...