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MHIC NE New Markets CDE I LLC
Boston MACDFI Awards for MHIC NE New Markets CDE I LLC
NMTC (2008) - $105,000,000
MHIC NE New Markets CDE I, LLC (MHIC CDE) will be targeting business and real estate projects in six New England states that will maximize job creation, encourage private investment, initiate or accelerate community revitalization, and increase economic opportunity for low-income persons and low-income community residents. MHIC CDE will provide a package of financing (debt, subordinate debt and/or equity) to fill feasibility gaps of 22 percent to 40 percent of project costs with patient capital. The NMTC allocation will allow it to expand its product offerings to include a new business loan program to finance the start up and expansion needs of businesses located in distressed communities.
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
Common Bean Productivity Research for Global Food Security Competitive Grants Program
In keeping with this mission, the National Institute of Food and Agriculture has recently established the Common Bean Productivity Research for Global Food Security Competitive Grants Program in an attempt to develop approaches and methods that can efficiently address the various challenges facing common bean (Phaseolus vulgaris) production among small holder producers in food insecure countries.
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Social Entrepreneurship
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