Structuring $24 million in financing for two rural development projects, including a twinned NMTC / Historic Tax Credit project and an addiction treatment related project in West Virginia. More here and here.
Support for the formation of a new rural Angel Investment Fund in Pennsylvania. More here and here
Obtain $150 million of New Markets Tax Credit allocation for CDFI CDE in Texas. Raised $400M in total NMTC allocation for 10 CDEs, including four first-time allocations for CDFI CDE recipients. More here.
Technical assistance provision and oversight for 17 Opportunity Zone projects and businesses in Central Appalachia seeking to raise $235 million in financing. Opportunity Appalachia is a three-state Opportunity Zone partnership targeting parts of Ohio, Virginia, and West Virginia. More here.
Receipt of four consecutive CDFI Fund FA awards for client CDFI in Delaware, including new product and program development, and community impact projections. More here and here.