Our Partners in the Press : The Community Builders CDE Awarded $50M for Neighborhood Investments / by Paul Castrucci

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On February 13, 2018 the U.S. Department of the Treasury’s Community Development Financial Institutions Fund awarded The Community Builders CDE LLC a $50 million New Markets Tax Credit allocation. This is their fourth NMTC award, which now total $140 million. They have deployed previous awards to support 16 projects of various types across eight states and Washington, D.C.

This allocation advances The Community Builders’ mission to build and sustain strong communities for people of all incomes. They plan to target this allocation to support neighborhood business and amenity projects that create jobs and economic activity while addressing needs of communities where TCB families live.  We enjoy working with The Community Builders and share many core values with them. 

You can read more about the Treasury announcement here.
 

Source: http://nmtccoalition.org/2018/02/13/treasu...