The City of Seattle created the Seattle Investment Fund LLC to help revitalize Seattle’s Low Income Communities. The CDE will use NMTCs to help achieve three primary goals: (1) to support catalytic projects that leverage other public investments; (2) to fill financing gaps caused by the contraction of credit in the real estate and business financing markets; and (3) to promote the development of small businesses. The City will structure NMTC financing as a leveraged debt/equity product providing end-users with permanent equity or a reduced interest rate debt product in which the end-user will receive loans with rates as low as 50 percent below-market rate. Products will be provided with terms more favorable than conventional financing.