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Puerto Rico Community Development Fund, LLC
San Juan PRCDFI Awards for Puerto Rico Community Development Fund, LLC
NMTC (2009) - $45,000,000
Puerto Rico Community Development Fund (PRCDF) will serve the Commonwealth of Puerto Rico by providing construction financing for affordable for-sale housing, as well as financing for mixed-use and commercial projects where affordable housing can drive demand. PRCDF will utilize its NMTC allocation to offer loans through a revolving loan fund as well as equity-like loan products. The NMTC allocation will enable PRCDF to offer loans with nontraditional features and more flexible underwriting standards than are available from conventional sources.
Other Community Development Financial Institutions in Puerto Rico
Proyecto Matria, Inc.
Caguas
Pueblo Coop
San Juan
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