A recent $1.3 million award from the U.S. Treasury’s Community Development Financial Institution (CDFI) Fund will allow Montana CDC to offer financing to additional small businesses across Montana like Gluten Free Mama.
New award will help Montana CDC finance nearly a dozen small businesses Read More »
With assistance from CAP Services’ Business Development program, Nancy started her own business, Whimsical Walls by Nancy, in the fall of 2012.
CAP Services Boosts Whimsical Walls Read More »
New Markets Tax Credits helped finance the new Otis Booth Campus, a community facility in Los Angeles.
Children’s Institute Otis Booth Campus Read More »
A report issued today by a coalition of community development organizations and financial institutions details how the New Markets Tax Credit (NMTC) transformed private sector capital into patient, flexible capital for credit-starved businesses in low income communities across the country during the previous year.
The Payans moved to Minnesota from Chicago in 1993, and they soon noticed there were no fresh tortillas in Minneapolis. With a growing Latino community in the Twin Cities, they saw a need and decided to open up their own tortilla factory.
Twin Cities Entrepreneurs Realize Their Vision Read More »
Sister and brother partners, Tammy Remter and Ray Buman decided to combine their expertise and open their own business in the summer of 2009. Identifying the commercial need to reduce energy use, they began offering Ultrasonic Leak Detection along with other energy saving audits to medium/large sized businesses throughout the Fox Valley. Vibracon Plus, LLC,
CAP Services Loan to Vibracon Plus Read More »
Last week, the Bipartisan Policy Center released a new report with recommendations on federal housing finance policy.
New Housing Report from Bipartisan Policy Center Read More »
Transformation of the Ford Center from dilapidated warehouse-style building to upscale office complex was a significant community development feat in Minnesota. It combined two federal tax credits –New Markets and Historic – with other financing to reinvigorate the old Ford Motor assembly plant for its next 95 years of service.
MMCDC Helps Transform the Ford Center in Detroit Lakes Read More »
Beth Millner has been working with jewelry crafts for nearly her entire life. Living in Michigan’s Upper Peninsula for the past several years, she finds herself constantly inspired by nature and the change of seasons. Specializing in sterling silver, copper, brass and gold jewelry with a nature theme, she’s designed more than 1000 pieces of jewelry, showing her work at art and craft fairs and music festivals around Michigan for the past 5 years.
Northern Initiatives helps Marquette Jeweler Expand Business, Double Sales Read More »
The project entails the expansion of a major Superior area employer—Exodus Machines, Inc. Exodus Machines produces wheeled material handlers for the scrap and recycling industry. Exodus began operations in 2008 and was funded with equity from an ownership group and financing which included New Markets Tax Credits through a transaction Impact Seven brokered.
NMTC Investment Creates 350+ Manufacturing Jobs In Hard Hit Wisconsin Town Read More »
