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Synovus/CB&T Community Reinvestment, LLC
Columbus GACDFI Awards for Synovus/CB&T Community Reinvestment, LLC
NMTC (2008) - $50,000,000
Synovus/CB&T Community Reinvestment, LLC (“Synovus”) will offer below market financing products to borrowers and investees developing high impact community redevelopment projects and for-sale workforce housing. Synovus is targeting 75% of its financing activity to high impact community redevelopment projects, and 25% to for-sale workforce housing. Financing products will include senior loans, subordinated or mezzanine debt, and equity investments, and will contain flexible underwriting criteria, including below-market rates of interest, no origination fees, and equity investments with below-market rates of return. Borrowers and investees will also receive technical support throughout all phases of their developments.
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
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