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Pinnacle Community Development, Inc.
Nashville TNCDFI Awards for Pinnacle Community Development, Inc.
NMTC (2003) - $6,000,000
Pinnacle Community Development will use its NMTC allocation to make loans in commercial real estate projects to finance land development, including office, industrial and commercial development projects. Pinnacle will offer significantly more favorable rates, including loans of up to 200 basis points lower than the controlling entity"s current rates. The allocatee will also use more flexible underwriting criteria, such as loan-to-value ratios as high as 95 percent. Pinnacle intends to hold seminars and provide financial counseling to small business within its low-income areas.
Other Community Development Financial Institutions in Tennessee
Affordable Housing Resources, Inc.
Nashville
Appalachian Fund for Growth II, LLC
Chattanooga
Chattanooga Neighborhood Enterprise, Inc.
Chattanooga
Church Koinonia Federal Credit Union
CHATTANOOGA
D.C.C.D. Corporation
Decaturville
Nashville Housing Fund, Inc.
Nashville
Pinnacle Community Development, Inc.
Nashville
United Housing, Inc.
Memphis
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Small Business Grants - Free or Low Cost Consulting for Your Small Business
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The SBA is dedicated to lend a hand to the service people in America and directly links with the Patriot Express Loan for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during the process, which is an indispensable part to support economic prosperity.
Social Entrepreneurship
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This Social Innovation Helps Prevent Bed Sores in Wheelchair Users
Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.
