Arctaris Annual Impact Report: Building to Endure

Arctaris Impact Awarded $30M of New Markets Tax Credit Allocation by U.S. Treasury’s CDFI Fund for Diversity and Impact Investments

Date

BOSTON–(BUSINESS WIRE)–Arctaris Impact CDE, LLC was awarded $30M of New Markets Tax Credit Allocation (NMTC) by U.S. Treasury’s Community Development Financial Institution Fund to deploy capital into economically distressed communities and businesses. Arctaris will use its NMTC allocation to make flexible loans to minority-owned or controlled companies and other borrowers across real estate or operating businesses in the country.

Click here to learn more

Related News

HUD Secretary Scott Turner Joins Arctaris Impact Investors a...

U.S. Housing and Urban Development Secretary Scott Turner joined Detroit Mayor Mary Sheffield, Arctaris Impact Investors Founder and CEO Jonathan Tow...
Read More

Workforce Choke Point Ratio

What the Choke Point Index Measures The Workforce Choke Point Ratio measures how much the minimum cost to deliver a new code-compliant home in a ...
Read More

Getting Stuck in Massachusetts’ ‘Housing Purgatory’

Many residents make too little to buy at market rate but too much to qualify for subsidies.  Massachusetts is now the second most expensive state...
Read More