Government Grants
Business Grants
Home Owner Programs
Federal Programs
About Us
USBCDE, LLC
St. Louis MOCDFI Awards for USBCDE, LLC
NMTC (2009) - $95,000,000
USBCDE will provide equity, equity-like debt and favorable loan rates and terms for real estate development and operating businesses. The target borrower will be a qualified business that will develop or rehabilitate commercial real estate as rental or owner occupied property. USBCDE offers complete financing packages from construction to permanent financing. All investments must satisfy an impact test to help ensure that the investment will: (i) trigger significant, material economic and social benefits; and (ii) would not be accomplished, or would be subject to material risks and indefinite delays, if not for the NMTC financing.
NMTC (2008) - $80,000,000
USBCDE, LLC will provide equity, equity-like debt and favorable loan rates and terms for real estate and non-real estate businesses nationwide. The predominant borrower type will be businesses whose primary focus is the development and rehabilitation of commercial real estate (including office, industrial, retail, mixed-use, and community facilities) in highly distressed areas. All NMTC investments made by USBCDE must satisfy their a€œImpact Fundamentals Test,a€ which targets investments that 1) trigger significant, material economic and social benefits; and 2) would not be accomplished, or would be subject to material risk and indefinite delays, without the NMTC financing.
NMTC (2007) - $125,000,000
USBCDE will provide equity, equity-like debt and favorable loan rates and terms for real estate and non-real estate businesses nationwide. The predominant borrower type will be those businesses whose primary focus is the development and rehabilitation of commercial real estate (including office, industrial, retail, mixed-use, and community facilities) in highly distressed areas. USBCDE will waive most fees and collect no residual interest, passing along as much benefits as possible to the borrowers. USBCDE will only finance projects that could not move forward, or would otherwise be subject to material risks and indefinite delays, if not for the NMTC financing.
NMTC (2006) - $135,000,000
With this award, USBCDE will provide equity, equity-like debt and favorable loan rates and terms to for-profit and non-profit developers for the development and rehabilitation of real estate, including office, industrial, retail, mixed-use, and community facilities. It will offer from construction to permanent financing, providing highly flexible capital products to maximize the NMTC benefit to the qualifying borrowers and investees. The NMTC allocation will finance activities that are expected to yield significant material, economic and social benefits such as commercial revitalization, products and services, and jobs to many of the country’s most distressed and underserved communities.
Other Community Development Financial Institutions in Missouri
Central Bank of Kansas City
Kansas City
Choices Federal Credit Union
St. Louis
Great Rivers Community Capital
St. Louis
HFHI-SA NMTC I, LLC
St. Louis
MBS Urban Initiatives CDE, LLC
St Louis
Missouri Family Credit Union
Independence
St. Louis Development Corporation
St. Louis
Travois New Markets, LLC
Kansas City
USBCDE, LLC
St. Louis
Featured Government Grant Resources
Getting Money to Start a New Business
Starting a new business can be an exciting venture -- unfortunately, it can also be quite expensive as well. In order to get the money that you need to get your business off of the ground, you might be...
Business Loans From GovLoans
The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.
Social Entrepreneurship
Spotlight
Building a Million Dollar Company Where Everyone Counts
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.
