Community
Development Municipal Bonds (CDMB)
CD Muni bonds are securities issued by states, cities, towns, counties
and special districts that have community development as their primary
purpose and the interest on them is generally exempt from federal
income taxation and, in some cases, state income taxation.
Community
Development Venture Capital (CDVC)
CDVC funds invest equity in businesses that create jobs, wealth and
entrepreneurial capacity to benefit low-income people and distressed
communities.
Equity
Equivalent Investments (EQ2)
The EQ2 product is a long-term deeply subordinated loan to a non-profit
community development organization with features that make it function
like equity.
Low-income
Housing Tax Credits (LIHTC)
These tax credits provide investors in low-income rental housing with
a dollar-for-dollar reduction in their federal tax liability.
New
Markets Tax Credits (NMTC)
NMTCs provide taxpayers with a credit against federal income taxes
for making qualified equity investments in community development entities.
Small
Business Investment Companies (SBIC)
SBICs, which are licensed and regulated by the US Small Business Administration,
are privately owned and managed investment firms that provide venture
capital and start-up financing to small businesses.