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 Brittani Coy | Aug 1, 2018 | Advocacy, Grow America News, New Markets Tax Credits, Real Estate Recycling, Renewable Energy Tax Credits, Small Business Lending, Social Infrastructure, Technical Assistance, Training
Thank you for your interest in Opportunity Zone implementation and your excellent questions. On behalf of Kenan Fikri, Research Director for the Economic Innovation Group, and Chuck Depew, NDC’s own West Team Leader, and myself we offer these answers to your...
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...
by Allison Kelly | Jul 31, 2018 | Affordable Housing, Grow America News
July 2018- NDC Corporate Equity Fund XIV announced a LIHTC closing for the $15.9M acquisition and rehabilitation of Pendleton Place Apartments Memphis, TN. The project is financed with FHA insured 221(d)(4) permanent first mortgage loans originated by PNC Bank, tax...
by Allison Kelly | Jul 31, 2018 | Affordable Housing, Grow America News
July 2018- NDC Corporate Equity Fund XIV announced a LIHTC closing for the $16.5M acquisition and rehabilitation of Keystone Landing in Memphis, TN. The project is financed with FHA insured 221(d)(4) permanent first mortgage loans originated by PNC Bank, tax exempt...
