Community First Fund provides financing through the New Markets Tax Credit Program. This federal program provides tax credits to banks that provide financing to large scale commercial real estate or mixed use projects located in targeted low income neighborhoods. The New Markets Tax Credit Program was designed by Congress to increase the supply of capital to businesses that operate in low income neighborhoods and to help transform these neighborhoods by providing new jobs for community residents and helping to revitalize neighborhoods.
- Open to All Industries
- Established (3 years +)
Type of Service
Other Services Offered by Community First Fund
Affordable & Market Rate Housing Development Loans
View Affordable & Market Rate Housing Development Loans
We provide loans to both for profit and nonprofit developers of housing for low and moderate income families. Our financing options can be support housing that is for re-sale or for rental housing projects.... Read More