State Fact Sheet
Community Testimonials​
CDFA has used 4 NMTC allocations over the last 10 years to fund 16 important community development projects in Utah. The NMTC equity helped close funding gaps, resulting in completed projects that bring health care, child care, education, small businesses, jobs, supportive services and affordable housing to distressed communities in both urban and rural areas in the state.
-Amy Rowland, Community Development Finance Alliance, Salt Lake City, UT
Without the NMTC program our organization would not have been able to raise the necessary funds to expand our services in the rural communities of Nicholas and Montgomery counties in Kentucky.
-Florence Mahoney, Sterling Health Solutions, Inc, Mt. Sterling, KY
With NMTC assistance, we doubled the size of our store. Our sales have almost doubled in 18 months. We have been able to increase employee compensation, hire more employees, increase our charitable giving and better serve our community.
-Tom Shellenberg, Butte’s Ace Hardware, Livingston, Montana
Massachusetts Project Profiles
Akron, (2015)
Lawrenceville, (2012)
- CDE(s): Midwest Renewable Capital
Chicago, (2011)
- CDE(s): Enterprise Financial CDE
Ronan, (2005)
- CDE(s): CRFUSA
Spokane, (2007)
- CDE(s): Grow America | Local Initiatives Support Corporation | USBCDE
Hot Springs, (2010)
- CDE(s): Heartland Renaissance Fund
Madison, (2004)
- CDE(s): WHEDA
Oceano, (2016)
- CDE(s): Low Income Investment Fund | USBCDE
Coushatta, (2014)
- CDE(s): Advantage Capital
Saint Paul, (2017)
- CDE(s): Chase | University Financial Corp.
Minneapolis, (2011)
Camden, (2012)
- CDE(s): Building America CDE | Dudley Ventures | PNC
Albany, (2020)
- CDE(s): Advantage Capital
Norfolk, (2008)
- CDE(s): Urban Research Park CDE | USBCDE
McComb, (2021)
Boston, (2013)
- CDE(s): Bank of America | Building America CDE | MHIC
Irving, (2014)
- CDE(s): Texas Mezzanine Fund
Holland, (2021)
- CDE(s): Cinnaire New Markets
Erie, (2020)
- CDE(s): Commonwealth Cornerstone Group
Memphis, (2014)