NHBFA CDE LLC

Concord NH


NHBFA CDE will finance commercial real estate projects located in distressed communities throughout the state of New Hampshire. NHBFA CDE will develop or rehabilitate vacant and/or under-utilized properties in rural communities for retail, industrial, office or medical uses that: (1) create or retain employment opportunities, (2) expand the local tax base in New Hampshire’s most distressed communities, or (3) provide needed community services such as health care. NHBFA CDE will use its NMTC allocation to offer more favorable rates and terms on its loan products, including interest rates of up to 300 basis points lower than its current products, and to offer new equity products.

CDFI Awards for NHBFA CDE LLC


NMTC (2008) - $65,000,000

NHBFA CDE, LLC will finance commercial real estate projects located in distressed communities throughout the state of New Hampshire. NHBFA CDE will develop or rehabilitate vacant and/or under-utilized properties in rural communities for retail, industrial, office or medical uses that (1) create or retain employment opportunities; (2) expand the local tax base in New Hampshire"s most distressed communities; or (3) provide needed community services such as health care. NHBFA CDE will use its NMTC allocation to offer more favorable rates and terms on its loan products, including interest rates of up to 300 basis points lower than its current products, and to offer new equity products.



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