CNC Development Corporation, Inc.

Paintsbille KY


The entirety of organizationa€™s activities will be concentrated within the state of Kentucky, primarily in the counties of Floyd, Johnson, and Magoffin. An estimated 50% of its activities will be targeted to urban areas and 50% of its activities will be targeted to rural areas.

CDFI Awards for CNC Development Corporation, Inc.


NMTC (2002) - $2,000,000

The Allocatee will utilize its NMTC allocation to offer commercial and real estate loans and financial counseling to qualified businesses located within low-income communities operating in its identified service area. The Allocatee believes the NMTC Program will allow it to offer more favorable terms and conditions for its loan products to meet the specific needs of the borrowers of its service area.



Other Community Development Financial Institutions in Kentucky





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Community Development Financial Institutions

Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.







Small Business Administration's Recovery Capital Loans

The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.




Employers For Childcare Charitable Group (EFCG), a Lisburn-based charity, has been crowned top Social Enterprise at the Ulster Final of 2014’s Ulster Bank Business Achievers Awards. EFCG seeks to “make it easier for parents with dependent children to get into work and to stay in work.”









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