Yesterday, NDC held its last Washington Update Webinar of 2017 and discussed the latest hot topics in Washington D.C.: Tax Reform efforts, government funding, year-end legislative deadlines, and an outlook for 2018. View the live recording and download the presentation below.
Economic development finance exists due to market failures that limit capital access for small businesses. A lack of collateral, bank regulations limiting long-term lending, and rate risk can stymie much-needed private finance even to profitable businesses. As a result, small business owners often resort to poorly structured, expensive loans to meet their needs. A single bad loan can prove disastrous to a small enterprise and its owners.
Monon Lofts is a 142 unit mixed income development. The property will offer tenants a direct link to the Monon Trail, with permanent bike racks to safely store bicycles and encourage green transit. While Indianapolis is seeing a surge of market rate housing in the luxury class, there remains a need for affordable and market […]
Florence Fay School Senior Apartments is the renovation of an iconic school building to meet a need for senior housing in an aging neighborhood. Located in the Twin Aire neighborhood in Indianapolis, the development will serve area seniors through the creation of 73 units of quality affordable housing in a centralized location. The rehabilitation […]
Fifth Third Bank, National Development Council Host Courses to Increase Access to Affordable HousingDecember 4, 2017
Fifth Third Bank partnered with the National Development Council to offer Rental Housing Development Finance, a class in NDC’s Housing Development Finance Professional Certification series, to nearly 40 emerging community leaders from eight states. The participants were identified as high performing real estate professionals who are dedicated to helping low- to moderate-income families get into affordable rental housing.
NDC Small Business Lending Borrower, Riverfront Pets Celebrates Grand Opening in Wilmington, DelawareDecember 4, 2017
A $150,000 loan from NDC GAF assisted with buildout of the new space. The motto of Riverfront Pets is “Healthy Pets, Happy Humans”, the locally owned and operated storefront in Wilmington DE provides the most natural foods and highest quality toys and supplies available. The business also offers professional grooming, training and sitting services. NDC […]
Did you miss NDC's webinar, GOP Tax Reform Efforts and Other Year-End Priorities? View the live recording and download the presentation to get the latest on tax reform.