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About Us
MHIC, LLC
70 Federal Street, 6th FloorBoston MA, 02110
CDFI Awards for MHIC, LLC
NMTC (2002) - $25,000,000
MHIC will utilize its NMTC allocation to provide low-interest loans to and equity investments in businesses engaged in: 1) the acquisition and development of commercial real estate; 2) construction contracting and property management; 3) community and economic development through the various business lines of community development corporations; 4) support of commercial tenants who wish to purchase and, if needed, renovate the buildings in which they operate; and 5) property acquisition and development of for-sale housing. MHIC believes the NMTC Program will allow it to subsidize interest rates to achieve sufficient debt service coverage to meet underwriting standards of previously difficult to finance projects.
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
Small Business Administration's Portable Assistance Program
The Small Business Administration has established the Portable Assistance Program wherein they seek to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.
Small Business Administration Background
The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.
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.
