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CNC Development Corporation, Inc.
Paintsbille KYThe entirety of organizationa€™s activities will be concentrated within the state of Kentucky, primarily in the counties of Floyd, Johnson, and Magoffin. An estimated 50% of its activities will be targeted to urban areas and 50% of its activities will be targeted to rural areas.
CDFI Awards for CNC Development Corporation, Inc.
NMTC (2002) - $2,000,000
The Allocatee will utilize its NMTC allocation to offer commercial and real estate loans and financial counseling to qualified businesses located within low-income communities operating in its identified service area. The Allocatee believes the NMTC Program will allow it to offer more favorable terms and conditions for its loan products to meet the specific needs of the borrowers of its service area.
Other Community Development Financial Institutions in Kentucky
CNC Development Corporation, Inc.
Paintsbille
Community Ventures Corporation, Inc.
Lexington
Louisville Development Bancorp, Inc.
Louisville
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