NFF announced today that it has been awarded $50 Million in New Markets Tax Credits to support community development projects in low-income areas.
Nonprofit Finance Fund (NFF) is a national leader in nonprofit, philanthropic and social enterprise finance. Founded in 1980, NFF (http://www.nonprofitfinancefund.org) provides loan financing, access to capital and direct advisory services that build the capacity and the financial health of nonprofits. A leading community development financial institution with over $80 million in assets, NFF has provided over $175 million in loans and access to additional financing via grants, tax credits and capital in support of over $1 billion in projects for thousands of nonprofit clients nationwide. NFF has a staff of more than 75 serving nonprofits nationally from offices in Philadelphia, New York City, Newark , New Jersey, Boston, Detroit, Washington, D.C., and San Francisco.
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