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Above:
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NDC, January 2008 |
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The National Development
Council is one of the oldest national non-profit community and
economic development organizations in the U.S. It was founded
in 1969 with one purpose: increasing the flow of capital for investment,
jobs and community development to under served urban and rural
areas across the country.
Since that time, NDC has worked with thousands of communities in every one of the 50 states and Puerto Rico, providing technical assistance, professional training, investment in affordable housing, small business credit and direct developer services. Click here to view map of our geographic reach.
Our work has taken many forms, but we have kept pace with the needs of our constituents, adding new programs and services or updating old ones.
Recently, NDC has
- loaned more than $80 million to small businesses for projects
with total investments of $130 million
- invested nearly $320 million in equity for affordable housing
or historic preservation projects (leveraging an additional
$280 million)
- financed and developed nearly $1.1 billion in public facilities
- financed New Markets Tax Credit projects totaling $360 million
- each year trained more than 3,000 economic development and
housing development practitioners
And through Technical
Assistance, our client communities brought in hundreds of millions
of dollars of additional private and public investment for their
community and economic development projects and programs.
NDC’s staff of former bankers, developers, entrepreneurs, community and economic development officials and government agency lenders understands the needs and concerns of both the private and public sectors, so we help our client communities bridge the differences.
- Like private investment bankers, we match the best sources of capital with project needs. But we do it for Main Street, not Wall Street.
- Like private developers, we organize all that’s needed to build high quality projects, efficiently and at the lowest possible cost, and then we build them. But we do it for public and community benefit.
- Like private lenders, we provide SBA-backed credit for small businesses. But we lend for community development purposes.
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