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NYCB Community Development Corp
Westbury NYCDFI Awards for NYCB Community Development Corp
NMTC (2005) - $42,000,000
NYCB Community Development Corp (NYCB-CDC) will use its NMTC allocation to provide loans to support businesses and real estate developments in low-income communities in the greater New York metropolitan area. As a result of the NMTC allocation, NYCB-CDC will be able to finance difficult to fund projects by offering flexible lending terms such as below market interest rates, lower than standard origination fees, longer than standard periods of interest-only loan payments, higher then standard loan to value ratios, longer than standard amortization periods, more flexible borrower credit standards, nontraditional forms of collateral, and lower then standard debt service coverage ratios.
Other Community Development Financial Institutions in New York
AAFE Community Development Fund
New York
ACCION New York
New York
Adirondack Economic Development Corporation
Saranac Lake
Akwesasne Indian Housing Authority
Hogansburg
BOC Capital Corp.
Brooklyn
Carver Federal Savings Bank
New York
CDCLI Funding Corporation, Inc.
Centereach
Citibank NMTC Corporation
New York
Commercial and Industrial Capital Corporation
Staten Island
Credit, Inc.
Bronx
GS New Markets Fund
New York
HEDC New Markets, Inc
New York
Home Headquarters, Inc.
Syracuse
Iroquois Venture Corporation
Hogansburg
JobStart Chautauqua, Inc.
Mayville
MSD New Markets, Inc
New York
Nos Quedamos
Bronx
NYCB Community Development Corp
Westbury
Progressive Neighborhood FCU
Rochester
Project Enterprise
New York
Seedco
New York
Seedco Financial Services
New York
Seneca Nation of indians
Salamanca
Sephardic Angel Fund
Brooklyn
St. Charles Borromeo Church FCU
New York
The Disability Fund, Inc.
Albertson
UA, LLC
New York
Westchester Housing Fund, Inc.
Hawthorne
Women"s Venture Fund, Inc.
New York
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