Community Development

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BofA Provides $3.2 Billion in Community Development Financing in 2014

Bank of America Merrill Lynch Community Development Banking provided more than $3.2 billion in loans, tax credit equity investments, and other financing in 2014. More

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Small Wonders

Though they aren't afford the economies of scale of larger projects, small developments are a crucial part of the local fabric in many communities. More

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Bill Seeks to Make NMTCs Permanent

Legislation to permanently extend the New Markets Tax Credit has been introduced by three members of the House Committee on Ways and Means. More

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HUD Announces Choice Neighborhood Planning Grants

$3.2 million will help communities in Alabama, Indiana, Kentucky, Michigan, Missouri, and Nevada revitalize neighborhoods. More

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What is the Capital Magnet Fund?

Four years after making its first and only awards, the Capital Magnet Fund (CMF) is poised to return. More

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Investment in Poor Communities Improves Family Income

LISC's review of 63 neighborhoods where the nonprofit has been investing found that employment and incomes each grew by 9 percent more than they did in similar communities that were not part of its long-term investment strategy. More

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Land Swap a Win-Win

Development team replaces original Charlesview Apartments with a mixed-use... More

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LISC Seeks to Spur Arts and Cultural Investments in Low-Income Communities

The Kresge Foundation is providing $3.5 million in seed funding for a new “creative placemaking” initiative, which will fund projects ranging from live/work space for artists to arts-related businesses. More

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Developer Helps to Transform Milwaukee Neighborhoods

Gorman & Co. purchases vacant lots and foreclosed homes from the city to create... More

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2024 Readers’ Choice Awards Open for Nominations

The deadline to enter your outstanding affordable housing developments is April 1. More

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