City of Everett CDE will use its NMTC allocation to make below-market subordinate loans to high impact mixed-use projects that support community facilities, retail, and businesses in the City of Everett, Washington. With a NMTC allocation, City of Everett CDE will make loans with features such as interest rates that are up to 50 percent below market rates, no origination fees and debt service coverage ratios as low as 1.00. City of Everett CDE’s investments will provide significant job training and jobs in a variety of fields, including construction, retail, community services and business operations.