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  5. NDC COMMUNITY IMPACT LOAN FUND

NDC COMMUNITY IMPACT LOAN FUND

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Company Details

Name: NDC COMMUNITY IMPACT LOAN FUND
Jurisdiction: New York
Legal type: FOREIGN NOT-FOR-PROFIT CORPORATION
Status: Active
Date of registration: 05 Oct 2020 (5 years ago)
Entity Number: 5850868
ZIP code: 10004
County: New York
Place of Formation: Delaware
Address: ONE BATTERY PARK PLAZA, SUITE 710, NEW YORK, NY, United States, 10004

DOS Process Agent

Name Role Address
C/O NATIONAL DEVELOPMENT COUNCIL DOS Process Agent ONE BATTERY PARK PLAZA, SUITE 710, NEW YORK, NY, United States, 10004

Filings

Filing Number Date Filed Type Effective Date
201005000623 2020-10-05 APPLICATION OF AUTHORITY 2020-10-05

USAspending Awards / Financial Assistance

Date:
2024-09-26
Link:
View on USAspending
Awarding Agency Name:
Department of the Treasury
Transaction Description:
THE CDFI PROGRAM USES MONETARY AWARDS AND TRAINING OPPORTUNITIES TO INVEST IN AND BUILD THE CAPACITY OF CDFIS, EMPOWERING THEM TO GROW, ACHIEVE ORGANIZATIONAL SUSTAINABILITY, AND DRIVE COMMUNITY REVITALIZATION. THROUGH THE USE OF MONETARY AWARDS AND TRAINING OPPORTUNITIES FOR NATIVE CDFIS, THE CDFI FUND’S NACA PROGRAM CREATES JOBS, BUILDS BUSINESSES, AND FOSTERS ECONOMIC SELF-DETERMINATION IN NATIVE COMMUNITIES NATIONWIDE.
Obligated Amount:
625000.00
Face Value Of Loan:
0.00
Total Face Value Of Loan:
0.00
Date:
2023-04-10
Link:
View on USAspending
Awarding Agency Name:
Department of the Treasury
Transaction Description:
THE CDFI ERP PROVIDES GRANTS TO CDFIS TO RESPOND TO THE ECONOMIC IMPACTS OF THE COVID-19 PANDEMIC. AWARDS PROVIDED TO CDFIS ARE TO EXPAND LENDING, GRANT MAKING, AND INVESTMENT ACTIVITY IN LOW- OR MODERATE-INCOME COMMUNITIES AND TO BORROWERS, INCLUDING MINORITIES, THAT HAVE SIGNIFICANT UNMET CAPITAL OR FINANCIAL SERVICE NEEDS AND WERE DISPROPORTIONATELY IMPACTED BY THE COVID-19 PANDEMIC AND TO ENABLE CDFIS TO BUILD ORGANIZATIONAL CAPACITY AND ACQUIRE TECHNOLOGY, STAFF AND OTHER TOOLS NECESSARY TO ACCOMPLISH THE ACTIVITIES UNDER A CDFI ERP AWARD.
Obligated Amount:
3532345.00
Face Value Of Loan:
0.00
Total Face Value Of Loan:
0.00
Date:
2021-06-15
Link:
View on USAspending
Awarding Agency Name:
Department of the Treasury
Transaction Description:
CDFI RAPID RESPONSE PROGRAM AWARD
Obligated Amount:
1826265.00
Face Value Of Loan:
0.00
Total Face Value Of Loan:
0.00

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Date of last update: 22 Mar 2025

Sources: New York Secretary of State

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