State Fact Sheet
Community Testimonials​
This is one of the most important programs for NCIF as a CDFI and an Impact Investor. From our perspective, there are three key levels of impact:
1. Transactional Impact – the program helps creates and retains jobs, increases the availability of goods and services, healthy foods and financial and social services to underserved markets nationally. NCIF has invested about $275 million in these communities creating about 11,000 jobs. Many of our transactions are catalytic in nature i.e. they help spur other developments in housing, healthcare, education and small business development, all of which add jobs and create economic opportunities.
2. Institutional Impact – as part of NCIF’s strategy, we work with our large network of CDFI and Minority Banks (NCIF is the largest investor in the sector) that act as anchors in these communities. Thus the transactional impact is amplified and creates long term sustainable communities.
3. Knowledge Impact: We have tried to simplify the deployment of the NMTC to help organizations maximize the subsidy given to the borrowers. This helps in accelerating development in some of the most distressed markets nationally.
-Saurabh Narain, President and CEO, National Community Investment Fund, Chicago, Illinois
New Hampshire Project Profiles
2021
Memphis, TN | 8th District
2009
Salem, OR | 6th District
2005
Columbus, OH | 3rd District
2015
Chicago, IL | 7th District
2020
Seguin, TX | 15th District
2020
Saint Paul, MN | 4th District
2014
Pittsburgh, PA | 12th District
2021
East Moline, IL | 17th District
2018
Evansville, IN | 8th District
2013
Bristol, CT | 1st District