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Community Development Tax Credits
Working to improve communities for the people who work and live in them.
We provided $2.6 billion to low- to moderate-income communities through our community development lending and equity investments.
We have committed more than $14.1 billion over the last decade to support financing for the construction or rehabilitation of affordable housing.
Our financing of more than 81,800 housing units for renters and homeowners is one of the largest commitments by a financial institution.
We brought together 26 local and regional CDFIs in 20 states to form 7 collaboratives, each focused on addressing a specific challenge.
Leverage our community development experience to each project’s advantage. Whether that involves access to New Markets Tax Credit financing for projects like charter schools, grocery stores, federally qualified health care facilities and commercial facilities, or for-profit or not-for-profit organizations seeking to preserve and restore historically significant buildings and landmarks using tax credits, we have the expertise to get the project done.
Succeed With the Right Solutions
We bring the full depth of the bank to bear in helping you achieve your goals. Whether it’s delivering tax credit equity, bridge lending, liquidity for leverage loans, cash management, construction management, and other banking services to facilitate your project’s financing and Community Development Entity (CDE) operations or working through HTC syndicators with the Direct Federal (and State) HTC equity investments needed for your preservation projects, we can help.
Find and Fund the Right NMTC Projects
We bring decades of experience and knowledge in community development to the NMTC program. Our established team of professionals is dedicated to structuring, closing and managing NMTC transactions across the US. You can also access a robust pipeline of eligible and high-impact projects that can be matched with CDE partner priorities. Our NMTC activities are focused on transactions that have the potential to make a strong impact and will clearly benefit an area’s low-income community.>
When It Comes to Preservation, Work With Someone Who Gets It
Many of our team members are former developers and non-profit professionals who’ve encountered the same challenges in putting their passion to work as you have. We understand what it takes to get a project done. Our HTC platform focuses on the following property types: multifamily market-rate housing, mixed use, office, retail, community facilities, some hospitality and other special uses.
Community Development Banking has 101 team members in 13 locations across the US. Our Community Development Real Estate-Affordable Housing Projects tend to be concentrated in states where we have a presence, but we are able and eager to work on projects anywhere in the country.
Get In Touch & Stay Informed
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