SBK New Markets Fund, Inc., a subsidiary of ShoreBank Corporation, will provide flexibly structured senior and subordinated debt to support the development of mixed-use, commercial/retail, and community facility projects; as well as new for-sale housing and the adaptive reuse and renovation of neglected buildings. SBK will support energy efficiency and alternative energy projects that ensure utility costs can be redirected towards critical community services. SBK’s investments will be targeted towards the economically distressed and disinvested urban neighborhoods in ShoreBank Corporation’s service area of Chicago, Cleveland, and Detroit.