by andrew@hfnelson.com | Jul 24, 2024
Indy CDE contributed $400,000 to the GAP (Growth through Accelerated Payment) program through Indy Chamber’s Business Ownership Initiative. This interest-free, short-term loan will allow certified XBE businesses to gain access to capital, enabling them to more easily... 
by andrew@hfnelson.com | Jul 24, 2024
Indy CDE financed Damien Center’s new three-story, 56,000 square-foot building through $7.95 million in NMTC. Damien Center received an additional $19.75 million in NMTCs from two other CDEs. The new facility will enable Damien Center, the County’s principal... 
by andrew@hfnelson.com | Jul 24, 2024
Indy CDE financed Big Car’s rehabilitation of a once-blighted 46,000 square-foot industrial factory with a $7.5 million NMTC investment. The Big Tube will house 18 long-term affordable artist studios, five retail storefronts, an exhibition space, an event area, office... 
by andrew@hfnelson.com | Jul 24, 2024
Indy CDE financed Indianapolis Neighborhood Housing Partnership’s for-sale affordable housing development with $8 million in NMTC. The City of Indianapolis also contributed $1.8 million of American Rescue Plan Act dollars to this project. With this investment, INHP... 
by andrew@hfnelson.com | Jun 1, 2023
Indy CDE financed the construction of RecycleForce’s new recycling facility with $13 million in NMTCs. Since 2006, RecycleForce has employed over 2000 men and women with justice system involvement, providing industry-recognized training and certification,...
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