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CapFund New Markets LLC
Lansing MICDFI Awards for CapFund New Markets LLC
NMTC (2009) - $28,000,000
CapFund New Markets LLC (CapFund) will finance mixed use and commercial real estate projects that achieve job creation and retention, especially those that support the creation of new viable regional industries to reduce the heavy reliance on the declining manufacturing/auto industry. CapFund will prioritize projects focused on the emerging sustainable energy industry and other ‘new economy’ jobs. To facilitate job creation, CapFund will offer products that are highly flexible and that provide beneficial terms to borrowers along with expertise and technical assistance. Additionally, CapFund will establish a Rural Revolving Loan Fund to offer below-market loans and/or equity investments to small but high-impact projects in rural areas.
Other Community Development Financial Institutions in Michigan
Bay Mills Housing Authority
Brimley
CapFund New Markets LLC
Lansing
Capital Fund Services, Inc.
Lansing
Communicating Arts CU
Detroit
Invest Detroit CDE
Detroit
Little Traverse Bay Bands of Odawa Indians
Harbor Springs
Michigan Housing Trust Fund
Lansing
Michigan Magnet Fund
Huntington Woods
Neighborhoods Inc. of Battle Creek
Battle Creek
Northern Shores Loan Fund, Inc.
Harbor Springs
Port Huron CDE, LLC
Port Huron
Shorebank BIDCO, Inc.
Marquette
Shorebank, Detroit
Detroit
Wayne County - Detroit CDE
Detroit
Featured Government Grant Resources
National Endowment for the Humanities: National Digital Newspaper Program
The goal of the National Digital Newspaper Program is to crate a national digital resource of historically significant newspapers published between the years 1836 and 1922, from all of the States and its territories.
Business Loans From GovLoans
The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.
Social Entrepreneurship
Spotlight
Social Enterprises Create ‘Buy Social’ Campaign
Research finds that a great number of social enterprises, businesses with social or environmental goals which reinvest their profits, are trading more with consumers all year round, not just during the holidays.
