GS New Markets Fund

New York NY


GSNMF will serve a nationwide market but anticipates targeting most of its activities in California, Florida, Washington, D.C., Georgia, New Jersey, New York, and Texas. The organization will target the entirety of its activities to urban areas.

CDFI Awards for GS New Markets Fund


NMTC (2002) - $75,000,000

GSNMF will use its NMTC allocation to provide equity and mezzanine debt for: 1) commercial, retail, mixed-use, and for-sale housing development projects; and 2) companies seeking investment capital to expand their businesses. GSNMF believes that its NMTC allocation will allow it to increase the volume of its investment activity in lower-income urban areas that have traditionally been underserved by conventional sources of private equity capital investment because of insufficient economic returns.



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