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Causes: Economic Development, Urban & Community Economic Development
Mission: To alleviate poverty and combat community deterioration through serving or providing investment capital for qualified low-income communities through community development entities in accordance with internal revenue code section 45d and the treasury regulations thereunder.
Programs: New markets tax credit loan program - to attract and provide funds for projects that will improve the quality of life of those individuals who live and work in underserved areas of the community.
non-new markets small business loans to businesses that would not qualify for traditional lending, designed to assist in those communities that we serve.
the organization awards grants to nmtc eligible youth pursuing post-secondary education by providing assistance for tuition, books, supplies and other necessary, qualified items. Additionally, grants are awarded to provide assistance to the lmi community, by assisting them in providing new and improved programs and services.