Lending

Coastal Enterprises, Inc. (CEI) is a Maine-based CDC that has made loans and investments, and provided business advisory services to people and businesses in Maine and New England since 1977.[1] CEI is unique in its holistic approach to addressing the multifaceted challenges of poverty alleviation, rural development and environmental sustainability. Little River…

VEDC, a long-standing member of the CDC community, announced that it is joining forces with JPMorgan Chaise to create a new lending program for African American-owned small businesses in New York City, Chicago and Los Angeles. VEDC released the following information on the program: The National African American Small Business Loan Fund will…

On May 15,  The National Journal highlighted the work of National Development Center (NDC), a nonprofit  community development corporation headquartered in St. Paul, Minnesota that works in low-income, minority and immigrant communities around the Twin Cities. Established in 1993, NDC ‘s work hinges on the belief that residents, small businesses and neighborhood groups in…

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.

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….

Last week, the Bipartisan Policy Center released a new report with recommendations on federal housing finance policy.

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…

The Northwest Side Community Development Corporation (NWSCDC) will use CED funding to expand a new, emerging green industry company known as Helios Solar Works in Milwaukee, Wisconsin. NWSCDC will assist Helios Solar works with capital equipment purchases and working capital to facilitate its rapid growth as the company expands its production line…

Nestled on 60 acres of pristine forest land, with nearby access to spectacular Lake Superior and the beautiful Porcupine Mountains State Park, sits Sunshine Motel. This family-owned and operated business found its way into the hearts of Bruce and Kay Perkins in 2010.