Great Lakes Region Sustainability Funds, LLC

Chicago IL


Great Lakes Region Sustainability Funds LLC will make loans and take equity positions in businesses and real estate projects in low-income communities in Illinois, Indiana and Wisconsin. These investments will focus on remediating and redeveloping brownfields for: (1) development of community-based shopping centers that include full-service supermarkets, and loans to community businesses that are tenants in those centers; (2) development of commercial and industrial properties, as well as for sale housing and community facilities; and (3) investments in businesses that contract and finance lead abatement services for low-income homeowners.

CDFI Awards for Great Lakes Region Sustainability Funds, LLC


NMTC (2003) - $15,000,000

The NMTC allocation will enable Great Lakes to offer new products including tenant loans, subordinated debt and equity financing for brownfield projects, financing for lead abatement, and technical assistance to low-income municipalities and not-forprofit organizations.



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