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CapFund New Markets LLC
Lansing MICDFI Awards for CapFund New Markets LLC
NMTC (2009) - $28,000,000
CapFund New Markets LLC (CapFund) will finance mixed use and commercial real estate projects that achieve job creation and retention, especially those that support the creation of new viable regional industries to reduce the heavy reliance on the declining manufacturing/auto industry. CapFund will prioritize projects focused on the emerging sustainable energy industry and other ‘new economy’ jobs. To facilitate job creation, CapFund will offer products that are highly flexible and that provide beneficial terms to borrowers along with expertise and technical assistance. Additionally, CapFund will establish a Rural Revolving Loan Fund to offer below-market loans and/or equity investments to small but high-impact projects in rural areas.
Other Community Development Financial Institutions in Michigan
Bay Mills Housing Authority
Brimley
CapFund New Markets LLC
Lansing
Capital Fund Services, Inc.
Lansing
Communicating Arts CU
Detroit
Invest Detroit CDE
Detroit
Little Traverse Bay Bands of Odawa Indians
Harbor Springs
Michigan Housing Trust Fund
Lansing
Michigan Magnet Fund
Huntington Woods
Neighborhoods Inc. of Battle Creek
Battle Creek
Northern Shores Loan Fund, Inc.
Harbor Springs
Port Huron CDE, LLC
Port Huron
Shorebank BIDCO, Inc.
Marquette
Shorebank, Detroit
Detroit
Wayne County - Detroit CDE
Detroit
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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.
