Government Grants
Business Grants
Home Owner Programs
Federal Programs
About Us
Capmark Community Development Fund, LLC
Denver COCDFI Awards for Capmark Community Development Fund, LLC
NMTC (2008) - $85,000,000
Capmark Community Development Fund, LLC (“Capmark CDF”) offers a range of financial products and services with a mission to improve the availability and cost of capital in low-income communities throughout the country. Capmark CDF will use its NMTC allocation to support three key programs: 1) a Rural Community Access Program, to support the financing of businesses located in low-income rural communities; 2) an Early Stage Capital Access Program, to provide pre-development loans, early stage equity and subordinated debt products to small businesses; and 3) a High Level Capital Access Program, to provide high-risk subordinate and senior loan products at substantially better than market rates.
NMTC (2007) - $60,000,000
Capmark Community Development Fund, LLC (Capmark CDF) will focus its NMTC activities on providing subordinate loans at below market interest rates to finance businesses, commercial real estate and housing projects in low-income communities. Capmark CDF will provide short-term loans (2-4 years) that can be recycled and re-deployed into other low-income community projects. Capmark CDF will use a portion of its allocation to invest in other CDEs and/or purchase loans from other CDEs, and will also support job training initiatives, hiring outreach programs, and daycare and healthcare initiatives in low-income communities.
NMTC (2006) - $62,000,000
Structured Products Group CDE LLC (SPG CDE) will focus its NMTC activities on providing short-term subordinate loans at below market interest rates, above market leverage, and/or otherwise non-traditional terms to real estate businesses. Additionally, SPG CDE will provide financial products to non-real estate businesses, other CDEs, as well as purchase loan portfolios and provide financial counseling. The NMTC allocation will enable SPG CDE to offer an array of flexible products, including equity, equity equivalents, and senior and subordinated debt with non-traditional terms.
NMTC (2005) - $90,000,000
The Structured Products Group CDE LLC (SPG) will provide below-market, subordinated loans for commercial redevelopment in low-income communities throughout the nation. These loans accept significantly more risk than senior loans, and the subordinated debt will be combined with non-NMTC market rate debt to deliver an average term of two to three years. With short term loans, SPG can further leverage the value of the NMTCs by reinvesting returned capital into other qualifying projects in low-income communities multiple times during the course of the seven-year investment period.
Other Community Development Financial Institutions in Colorado
Colorado Housing Enterprises, LLC
Westminster
Funding Partners for Housing Solutions
Fort Collins
Hospitality Fund I
Denver
Hospitality Fund II, LLC
Denver
La Plata Homes Fund, Inc.
Durango
Featured Government Grant Resources
Small Business Grants - Free or Low Cost Consulting for Your Small Business
Did you know that it is possible for you to receive free or low cost consulting for your small business? If it sounds too good to be true, rest assured it is actually possible. Not only does it make sense economically, but you would be receiving advice from professionals who have extensive business experience.
Historically Underutilized Business Zones - HUBZone Empowerment Contracting Program
The Small Business Administration has established the Historically Underutilized Business Zones (HUBZone) Empowerment Contracting Program wherein they aim to provide federal contracting assistance to eligible small business corporations which are located in underutilized business zones so as to improve their employment opportunities, investments, and their area's economic development.
Social Entrepreneurship
Spotlight
Why People Buy from Social Enterprises?
The Guardian has compiled a list of responses to its latest open thread, and has announced the winner of the social enterprise gift hamper packed with presents.
