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AI Wainwright LLC
Boston MACDFI Awards for AI Wainwright LLC
NMTC (2008) - $25,000,000
AI Wainwright, LLC will focus its investments in four highly distressed Boston neighborhoods: Hyde Park, Mattapan, Dorchester and Roxbury. It will partner with local community development corporations to finance projects that support transit-oriented development. The NMTC allocation will greatly expand the range of products and terms that AI Wainwright, LLC can offer, in comparison to Wainwright Bank, including loans up to 300 basis points below market, up to 40-year amortization periods, seven year interest-only periods, loan to value ratios up to 90 percent, more flexible borrower credit standards and non-traditional forms of collateral such as capital campaign pledges. AI Wainwright, LLC will also offer technical assistance to groups working at the street-level, to build projects that will spur growth and stimulate other investments.
Other Community Development Financial Institutions in Massachusetts
ACCION USA
Boston
AI Wainwright LLC
Boston
BCLF Ventures II, LLC
Boston
Institute for Community Economics
Springfield
Jobs for Fall River, Inc.
Fall River
Local Enterprise Assistance Fund
Brookline
MHIC, LLC
Boston
NOAH Community Development Fund, Inc.
East Boston
UECDF Corporation
Roxbury
WCHR Securities, Inc.
Worcester
YouthBuild Loan Fund
Somerville
Featured Government Grant Resources
Minority Business Enterprise Centers for Minority-Owned Businesses
The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.
How The Government Can Help Your Small Business
The United States Small Business Administration, otherwise known as SBA, is a United States government agency that was established on the 30th day of July, 1953.
Social Entrepreneurship
Spotlight
The U.S. Government on Cultivating Impact Investing And Social Enterprise
According to a Private Capital, Public Good report recently released at the White House from a group of A-list impact investing and social enterprise specialists, the U.S. government can do a lot to spur the growth among the impact investing and social enterprise sectors.
