Development Finance Programs

As the oldest national non-profit economic and community development organization, we make it our business to not only know what resources are available for job creation, affordable housing and community development in general, but to know the most effective ways to secure and use them.  Many of the financial tools that are used today were shaped and refined by NDC as we worked with successive Federal administrations to increase the effectiveness of these resources; NDC played a role in the development of the HUD 108 program, Community Development Block Grant Float, and SBA’s 504 loan program.

But those are only a few of the funding and financial resources that we help bring to the programs and projects in our client communities.  Here are some of the programs that NDC works with, day in and day out, to bring successful financing to communities across the country:  HUD 108, New Markets Tax Credits, Non-profit Tax-Exempt Financing for Public and Community Facilities, Economic Development Administration, Historic Rehabilitation Tax Credits, Renewable Energy Tax Credits, Low-Income Housing Tax Credits, U.S. Department of Agriculture, and Rural Development state and local programs.  We like to say that we are like investment bankers for community development, knowing where and how to find just the right financing and structure it to achieve the best results.  And one more very important point:  much of this financing is structured to attract and make optimum use of private investment – leverage.  NDC pioneered in bringing this concept to community development, and it continues to be one of the defining characteristics of the work we do with our community partners throughout the U.S.  NDC’s finance professionals, who live and work throughout the country, know and understand individual state and local financing incentives and funding. You’ll find information about all of these here on our website.