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
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
Legislation to permanently extend the New Markets Tax Credit has been introduced by three members of the House Committee on Ways and Means. More
$3.2 million will help communities in Alabama, Indiana, Kentucky, Michigan, Missouri, and Nevada revitalize neighborhoods. More
Four years after making its first and only awards, the Capital Magnet Fund (CMF) is poised to return. More
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
Development team replaces original Charlesview Apartments with a mixed-use... More
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
Gorman & Co. purchases vacant lots and foreclosed homes from the city to create... More
More than 90 tribal communities benefit from $60 million in Indian Community Development Block Grants. More
