CBAI Community Development, Inc.

Indianapolis IN


The allocatee is an affiliate of the Community Bankers Association of Indiana, Inc. (CBAI), a nonprofit organization dedicated to improving the financial products offered by its 115 member banks to businesses located in low-income communities.

CDFI Awards for CBAI Community Development, Inc.


NMTC (2003) - $50,000,000

CBAI Community Development will raise both equity and debt capital in support of its NMTC strategy, with the member banks funding the a€œloan-sidea€ of the transaction. The allocatee will offer below-market loans, subordinated debt and equity investments to businesses in need of financing for manufacturing facilities, distribution facilities, community facilities, office space, retail space, mixed-use facilities, and other types of industrial facilities.



Other Community Development Financial Institutions in Indiana





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