WebJan 1, 2016 · 3CDC manages the Cincinnati New Markets Fund, which provided the $780,000 federal NMTC allocation and the $1 million state NMTC allocation. “Preserving the historic nature of the building also adds to the costs. Additionally, the facility is located in one of the most economically distressed neighborhoods in the country, creating further ... WebAdditionally, she provided underwriting, analyses and recommendations to The Cincinnati Equity Fund and the Cincinnati New Markets Fund for downtown and Over-the-Rhine investments. From 2007 to 2009, Kelly performed financial feasibility analysis and due diligence land developments for a $70 million private equity fund of Phillips Edison & …
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WebCincinnati Development Fund. This project brings a healthy foods grocery to the Central Business Distract and Over-the-Rhine neighborhoods of Cincinnati…. View Details. 2008. ... The New Markets Tax Credit Coalition 1155 15th Street NW, Suite 400 Washington, DC 20005 202-393-5225. Webporation, Cincinnati Central City Development Corporation (3CDC) brought to Cincinnati what every community needs for its future: money, land control, and sophisticated deal-making capacity. The creation of the $50 million Cincinnati New Markets Fund allowed 3CDC to buy property within an area defined by a strategic vision software mda
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WebThe NMTC Program attracts private capital to low-income communities by permitting individual and corporate investors to receive a tax credit against their federal income tax in exchange for making investments in specialized financial intermediaries like Dayton … WebFeb 4, 2013 · What sets 3CDC apart from traditional developers are the unique financing mechanisms available due to the close collaboration with corporate leaders and local officials. 3CDC manages two operating funds – The Cincinnati Equity Fund and The Cincinnati New Markets Fund (CNMF) – the latter a result of the federal New Markets … WebThe organization’s NMTC lending arm, the Cincinnati New Markets Fund (CNMF) has utilized $198 million in allocation across five NMTC awards to invest in projects focused on positively impacting neglected low-income residents in Cincinnati’s center city. Over 50 … slowing down musically abbr