Brownfield Revitalization, LLC

Raleigh NC


Brownfield Revitalization, LLC will invest 100% of its capital in the remediation and redevelopment of environmentally contaminated properties in particularly distressed NMTC-eligible census tracts. These contaminated properties will be redeveloped into a full range of commercial properties, including industrial, commercial, office, retail, for-sale housing, mixed-use and community facilities. Given the capital costs and risks of remediation and developing environmentally contaminated properties in low income communities, NMTCs will provide key subsidy that will enable Brownfield Revitalization, LLC to undertake projects that would otherwise be economic, environmental and social drains on their neighborhoods. This subsidy will be delivered to QALICBs by providing debt financing with flexible terms, most importantly partial debt forgiveness after seven years. Brownfield Revitalization, LLC"s products will also include equity, subordinate debt and high loan-to-value loans with below-market interest rates and seven years of interest-only payments.

CDFI Awards for Brownfield Revitalization, LLC


NMTC (2007) - $92,000,000

Brownfield Revitalization, LLC will invest 100% of its capital in the remediation and redevelopment of environmentally contaminated properties in particularly distressed NMTC-eligible census tracts. These contaminated properties will be redeveloped into a full range of commercial properties, including industrial, commercial, office, retail, for-sale housing, mixed-use and community facilities. Given the capital costs and risks of remediation and developing environmentally contaminated properties in low income communities, NMTCs will provide key subsidy that will enable Brownfield Revitalization, LLC to undertake projects that would otherwise be economic, environmental and social drains on their neighborhoods. This subsidy will be delivered to QALICBs by providing debt financing with flexible terms, most importantly partial debt forgiveness after seven years. Brownfield Revitalization, LLC"s products will also include equity, subordinate debt and high loan-to-value loans with below-market interest rates and seven years of interest-only payments.



Other Community Development Financial Institutions in North Carolina





Featured Government Grant Resources


Small Business Administration Background

The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.







How The Government Can Help Your Small Business

The United States Small Business Administration, otherwise known as SBA, is a United States government agency that was established on the 30th day of July, 1953.




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.









More Federal Domestic Assistance Programs


Agricultural Management Assistance | Employment Discrimination-Title II of the Genetic Information Nondiscrimination Act of 2008 | School Breakfast Program | Bureau of Indian Affairs Facilities_Operations and Maintenance | Reclamation States Emergency Drought Relief |  Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy


Edited by: Michael Saunders

© 2004-2024 Copyright Michael Saunders