City of Everett CDE LLC

Everett WA


City of Everett CDE will use its NMTC allocation to make below-market subordinate loans to high impact mixed-use projects that support community facilities, retail, and businesses in the City of Everett, Washington. With a NMTC allocation, City of Everett CDE will make loans with features such as interest rates that are up to 50 percent below market rates, no origination fees and debt service coverage ratios as low as 1.00. City of Everett CDE’s investments will provide significant job training and jobs in a variety of fields, including construction, retail, community services and business operations.

CDFI Awards for City of Everett CDE LLC


NMTC (2009) - $25,000,000

City of Everett CDE will use its NMTC allocation to make below-market subordinate loans to high impact mixed-use projects that support community facilities, retail, and businesses in the City of Everett, Washington. With a NMTC allocation, City of Everett CDE will make loans with features such as interest rates that are up to 50 percent below market rates, no origination fees and debt service coverage ratios as low as 1.00. City of Everett CDE’s investments will provide significant job training and jobs in a variety of fields, including construction, retail, community services and business operations.



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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.









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