Urban Development Fund
Finance · Alabama, United States · 1-10 Employees
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Overview
Headquarters
105 Delong Rd, Nauvoo, Alabama, 35578, U...Phone Number
(212) 612-9100Website
www.urbandevfund.comRevenue
<$5 MillionIndustry
ZI Rank: 1
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About Urban Development Fund
Urban Development Fund was formed by Aries Capital to provide capital to developers of real estate projects that have a catalytic impact on community revitalization in underserved urban markets. UDF utilizes the subsidy afforded by the New Market Tax Credit to offer more favorable rates and terms that would not have been available to projects in the marketplace, and is committed to investing all of its NMTC equity in communities designated as areas of higher distress by the CDFI Fund. Examples of past UDF projects include Goodwill-Big Bend in Florida, University of Chicago Medical Center in Illinois, and Camp McDowell in Alabama.Explore more
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Urban Development Fund was formed by Aries Capital to provide capital to developers of real estate projects that have a catalytic impact on community revitalization in underserved urban markets. UDF utilizes the subsidy afforded by the New Market Tax Credit to offer more favorable rates and terms that would not have been available to projects in th... Read More
