CAHEC New Markets, LLC (CNM) will support the development and redevelopment of commercial and mixed-use real estate primarily through the rehabilitation of historic buildings in distressed communities and in areas that have difficulty attracting revitalization investment capital. CNM’s investments will offer a range of real estate financing, combining NMTC with historical rehabilitation credits to render feasible otherwise uneconomical projects. Both senior debt and subordinated debt will have lower interest rates and more flexible underwriting terms, including higher loan-to-value ratios, lower debt coverage ratios and non-traditional forms of collateral.