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Inner City Ventures CDE, LLLP
Atlanta GACDFI Awards for Inner City Ventures CDE, LLLP
NMTC (2005) - $40,000,000
The NMTC allocation will allow Inner City Ventures CDE (ICV) to offer financing for the most difficult component of its community development strategy. A portion of the NMTC allocation will be used to reduce the burden to local merchants by providing low-interest loans for tenant improvements and build-out in the newly developed commercial and retail spaces, as well as to lower financing rates and fees for the space that they occupy.
NMTC (2003) - $17,000,000
The NMTC allocation effectively increases the rate-of-return on these loans and reduces the cash flow burden that conventional loans traditionally place on the borrower, thus enabling Zions Community Investment Corporation to finance transactions that the controlling entity otherwise couldn"t finance.
Other Community Development Financial Institutions in Georgia
Appalachian Community Enterprises
Cleveland
Atlanta Micro Fund
Atlanta
Imagine Downtown, Inc.
Atlanta
Unified Singers Federal Credit Union
Thomasville
Featured Government Grant Resources
Small Business Administration Background
The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.
Small Business Administration's Small Business Investment Companies
The Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.
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.
