CDE: Urban Development Fund (Aries Capital)

To all NMTC Coalition Members: If you would like to add projects, a description of your CDE, or anything else to this page, contact Paul Anderson.

Project Profiles


Huntsville, AL (2016)

Downtown Rescue Mission began in 1975 and has always exemplified itself as a place with “a heart for the homeless” by daily providing meals,…

Houston, TX (2020)

The proceeds were used to acquire, develop, construct and lease certain improvements on a campus providing services for persons with intellectual and developmental disabilities….

Chicago, IL (2020)

SCORE allocated $7.0MM of federal NMTC allocation to Friend Health Woodlawn HQ for construction of a 38,000 square foot new medical clinic and corporate…

San Antonio, TX (2011)

The Briscoe Western Art Museum, named in honor of the late Texas Governor, Dolph Briscoe,Jr. and his wife, Janey Slaughter Briscoe, preserves and interprets…

Pensacola, FL (2014)

The NMTC financed the construction of a brand new YMCA….

Nauvoo, AL (2013)

An expansion of Camp McDowell, a private retreat and camp that primarily serves people with disabilities and low-income persons….

Mobile, AL (2013)

Goodwill Easter Seals of the Gulf Coast (GESGC) is a non-profit agency serving 12 counties in the Alabama-Florida Gulf Coast area. The agency provides…

Miami, FL (2015)

After 57 years of serving Miami in rental facilities, the Big Brothers Big Sisters Miami Foundation, Inc. secured a pledge to gain site control…

Houston, TX (2016)

The Houston Food Bank (HFB) utilized their investment from UDF to rehabilitate and add space to their current properties and to move the location…

Chicago, IL (2011)

Roseland used $19.7 NMTC million investment to fund two critical projects: (1) the creation of the Adolescent Behavioral Health Unit, a 28-bed inpatient psychiatric…

Chicago, IL (2017)

UDF provided financing to the University of Chicago Medical Center for completion of multiple projects….