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Urban Revitalization & Brownfield Redevelopment Fund
Madison WICDFI Awards for Urban Revitalization & Brownfield Redevelopment Fund
NMTC (2009) - $15,000,000
The Urban Revitalization and Brownfield Redevelopment Fund will invest in distressed urban communities in Wisconsin to facilitate the redevelopment of brownfields, including urban infill, new construction, and the adaptive reuse of obsolete buildings consistent with a smart growth model of urban renewal. The NMTC allocation will allow the Urban Revitalization and Brownfield Redevelopment Fund to offer senior debt with lower than market interest rates, subordinate debt providing higher overall loan to value ratios, and equity. The NMTC allocation will be deployed to reduce the cost of capital and to increase the availability of capital to projects that are not likely to be financed with conventional sources of capital.
Other Community Development Financial Institutions in Wisconsin
Community Assets for People
Stevens Point
Dane Fund, Inc., The
Madison
First American Capital Corporation
West Allis
Lac du Flambeau Chippewa Housing Authority
Lac du Flambeau
Legacy Bancorp, Inc.
Milwaukee
Legacy Bank
Milwaukee
Legacy Redevelopment Corporation
Milwaukee
M&I New Markets Fund, LLC
Milwaukee
NiiJii Small Business Loan Fund, Inc.
Lac du Flambeau
SCI-TECH DEVELOPMENT
Milwaukee
Waveland Community Development, LLC
Milwaukee
Ways to Work
Milwaukee
Wigamig Owners Loan Fund
Lac du Flambeau
Featured Government Grant Resources
Department of Agriculture: Value Added Producer Grants
The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.
Secondary Market Lending Authority Program
The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.
Social Entrepreneurship
Spotlight
Building a Million Dollar Company Where Everyone Counts
Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.
