As a Community Development Entity (CDE), PB Community Impact Fund is able to utilize New Markets Tax Credits to incentivize private equity to invest in economically underserved and disadvantaged communities throughout our service area.
PBCIF’s service area includes:
By partnering with qualified businesses, investors, economic development professionals, as well as other CDEs, PBCIF is able to create maximum impact with the NMTC allocations it receives. Our number one goal is to create opportunities for quality, sustainable jobs for the citizens of the areas we serve. Strong jobs, we believe, are the catalyst for economic strength and stability.
Our focus is to create meaningful impact by allocating NMTCs, through the use of flexible financing features, to industrial, manufacturing, mixed-use, healthy food, and community facility projects in our service area. NMTCs are a wonderful and creative vehicle to bring outside investment dollars into the distressed areas that need it the most. PBCIF is excited to add to the already extensive lending activities of its parent, Peoples Bank.
Learn more by visting our PBCIF site.