NDC NMTC Project to be Honored with Best-in-Industry Award

October 11, 2019

We are proud to announce a Novogradac 2019 Community Development QLICIs of the Year Award for Flex-N-Gate (FNG) in Detroit. NDC provided a $8.1M New Markets Tax Credit allocation for this transformative project--the first auto parts manufacturing facility to open in Detroit in 20 years.

NDC Corporate Equity Fund Announces the Financial Closing of Pythian Manor

October 10, 2019

  Dallas, TX Pythian Manor is a 76-unit rehabilitation of an existing senior rental project located in the southern part of Dallas, TX.  The project was originally constructed in 1968 and consists of one, two story building.  All of the units will be rented to households whose income does not exceed 60% AMI and 75 […]

NDC Corporate Equity Fund Announces the Financial Closing of West Birch

October 7, 2019

Princeton, MN West Birch is the rehabilitation of twenty-four existing affordable LIHTC townhome units and the construction of 16 additional units.  The project will include a range of one, two, three, and four bedroom units for households at 50%-60% AMI.  As the original developer of the townhomes, CMHP wants to preserve the condition of the […]