by Mark Masterson | Oct 23, 2023 | Recent Posts
About 20 years ago, the Community Development Financial Institutions Fund (CDFI) announced that, for the first time, $2.5 billion worth of new markets tax credit (NMTC) allocations would go to various community development entities (CDE) across the country. Then under...
by Mark Masterson | Sep 19, 2023 | Recent Posts
As we speed through September and into the fall season, what better time to think about new beginnings? For some, it might be cleaning out your closet or recommitting to a fitness routine, but for us, it’s helping new businesses get started. We recently had the...
by Mark Masterson | Aug 28, 2023 | Recent Posts
August was National Black Business Month, and here at Neighborhood Community Development Fund, we recognized some of our favorite Black-owned small businesses all month long on our social feeds. From places like Wigenton Candle Co.- a custom-blended candle business in...
by Mark Masterson | Jul 28, 2023 | Recent Posts
The Western Pennsylvania Small Business Administration (SBA) recently released its microloan lending numbers through the first nine months of fiscal year 2023, and the data is extremely encouraging. Deputy District Director Angel Marschik said the SBA’s nonprofit...
by Mark Masterson | Jun 27, 2023 | Recent Posts
It’s no secret that Pittsburgh has an affordable housing problem. Habitat for Humanity of Greater Pittsburgh has estimated that our region currently faces a shortage of about 15,000 affordable homes. In addition, there’s estimated to be a shortage of 8,200 housing...
by Mark Masterson | May 15, 2023 | Recent Posts
In case you haven’t heard, May is National Small Business Month! At Neighborhood Community Development Fund, we’re passionate about helping small businesses. Why? Because these businesses help our communities – whether it’s a restaurant providing homemade meals to...