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$226
- National Community Investment Fund (NCIF; ) national nonprofit Community Development Financial Institution (CDFI) formed in 1996 with a mission to increase access to responsible financial products and services in underserved communities.
- NCIF achieves its mission via three complementary business lines:Equity Investing in mission-oriented Certified Development Financial Institutions (CDFI), Minority Depository Institutions (MDIs), and Mission-Oriented Financial Institutions (MOFIs) as agents of change across the US and its territories.
- NCIF is the largest investor in the CDFI banking industry, with investments in ~10% of all certified CDFI Banks.
- New Markets Tax Credits: Since 2003, NCIF has received over $401 million in NMTC allocations that are being deployed into real estate, operating companies, health care facilities, schools, other nonprofit, and for-profit impact-oriented businesses in partnership with local CDFI institutions; andLending: NCIF makes loans in partnership with CDFIs, MDIs, and MOFIs to enhance the impact of projects that benefit underserved communities.
- Experience in commercial real estate, investing, accounting, asset management, non-profit, and lending departments would be a plus.
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