Community Development Council (CDC) - ULI Americas

The Mission of the Community Development Council (CDC) is to share best practices in the planning, financing and development of both traditional and non-traditional master-planned communities throughout the U.S. The CDC Councils work to provide programming that …

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The U.S. Department Of The Treasury Announces $5 Billion In New …

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Sep 19, 2024 · Awards will Spur Economic and Community Development in Low-Income Urban, Rural and Tribal Communities Nationwide. WASHINGTON – The U.S. Department of the …

cdfifund.gov

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TD Community Development Corporation Receives $65 Million …

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CHERRY HILL, N.J., Jan. 30, 2024 — The TD Community Development Corporation (TDCDC), a wholly-owned subsidiary of TD Bank, N.A., today announced that it received a $65 million New …

td.com

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CDFI Fund Announces $5 Billion In New Market Tax Credits

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Sep 27, 2023 · The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $5 billion in New Markets Tax Credits (NMTC) today …

housingonline.com

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ESSEX COUNTY EXECUTIVE DIVINCENZO PRESENTS $4.5 MILLION …

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Newark, NJ – Essex County Executive Joseph N. DiVincenzo, Jr. announced that about $4.5 million will be distributed to 16 Essex County municipalities and 39 non-profit community …

essexcountynj.org

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July 01, 2021 -DCA Announces Award Of $7.4 Million In …

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Jul 1, 2021 · FOR IMMEDIATE RELEASE: Thursday, July 01, 2021 . Grants to Fund Community Improvements in Small Cities throughout New Jersey . TRENTON, NJ – The New Jersey …

nj.gov

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Changing Capital Markets And Their Implications For Community ...

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Jul 1, 2001 · By comparison, the members of the National Association of Community Development Loan Funds in 1987 averaged around $200,000 in size and had raised about …

brookings.edu

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An Overview Of Community Development Financial Institutions

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May 10, 2022 · Prior to this appropriation, since its inception in 1994, the CDFI Fund had awarded nearly $3.9 billion to CDFIs through its CDFI Financial Assistance, Bank Enterprise Award, …

consumercomplianceoutlook.org

FAQs about Community Development Council (CDC) - ULI Americas Coupon?

What is the Community Development Council?

What is a community development investment?

Community development investments are designed to create new opportunities--primarily related to affordable housing, small businesses, and jobs--that specifically benefit lower-income neighborhoods and populations. ...

What is a Community Development Finance ecosystem?

CDFIs, CRA-motivated banks, philanthropies, and private investors help comprise what CDFI practitioners call the “community development finance ecosystem.” 13 Entities, community members, and other nonprofits and small businesses operate symbiotically within this community development finance ecosystem. ...

How often do CDEs apply to the CDFI Fund?

CDEs must apply annually to the CDFI Fund to compete for New Markets Tax Credit Program allocation authority. Since the inception of the NMTC Program, the CDFI Fund has completed 20 allocation rounds and has made 1,667 awards totaling $81 billion in tax allocation authority. ...

How did the NMTC program impact low-income communities and businesses?

Through the end of fiscal year 2023, NMTC Program award recipients deployed more than $63.6 billion in investments in low-income communities and businesses; with impacts such as the creation or retention of more than 894,000 jobs, and the construction or rehabilitation of nearly 259.5 million square feet of commercial real estate. ...

How many NMTC Awards has the CDFI Fund made?

Since the inception of the NMTC Program, the CDFI Fund has completed 20 allocation rounds and has made 1,667 awards totaling $81 billion in tax allocation authority. This includes $3 billion in Recovery Act Awards and $1 billion of special allocation authority used for the recovery and redevelopment of the Gulf Opportunity Zone. ...