Month: August 2016

Midwest Minnesota CDC Grocery Store Project Visited by Treasury Secretary

On August 8th, 2016, U.S. Secretary of the Treasury Jack Lew visited Seward Community Cooperative Friendship Store, a grocery store in Minneapolis, Minnesota. The store, which is located in a low-income census tract and provides access to healthy, fresh foods, was financed in part by the New Markets Tax Credit (NMTC) and federal Community Economic Development …

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Kentucky Project Saves Over 300 Jobs and Facilitates Critical Health Services

The Pineville Community Hospital has provides healthcare services to southeastern Kentucky residents since 1938. The nonprofit hospital, which was in need of modernization and expansion to serve the needs of the community, received a $3.1 million USDA  Business and Industry (B&I) Guarantee Loan through veteran Community Development Corporation, Kentucky Highlands Investment Corporation (KHIC). Through the …

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