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Monthly Archives: February 2022

The Innovate Fund Provides $15 Million Financing for HBCU Claflin University

The Innovate Fund Provides $15 Million Financing for HBCU Claflin University

ORANGEBURG, S.C. (FEB. 27, 2022) — Claflin University will soon break ground on construction of a three-story activity center, which will be made available to the greater Orangeburg County community, because of investment from The Innovate Fund. The Innovate Fund, a New Markets Tax Credits (NMTC) Community Development Entity, provided $15 million, part of a […]

The Innovate Fund Provides $12.5 Million Financing for Renovation of Most Comprehensive HIV/AIDS Facility in the US

The Innovate Fund Provides $12.5 Million Financing for Renovation of Most Comprehensive HIV/AIDS Facility in the US

ATLANTA, Ga. (FEB. 21, 2022) — Renovation will soon be underway at the Grady Ponce De Leon center, an HIV/AIDS clinic providing various medical and support services for people living with HIV/AIDS, due to investment from The Innovate Fund. The Innovate Fund, a New Markets Tax Credits (NMTC) Community Development Entity, provided $12.5 million to […]

The Innovate Fund Provides Necessary Financing for Container Technologies Industries

The Innovate Fund Provides Necessary Financing for Container Technologies Industries

HELENWOOD, TENNESSEE (FEBRUARY 1, 2022) — The Innovate Fund, a New Markets Tax Credits (NMTC) Community Development Entity, provided necessary financing to Container Technologies Industries in Helenwood, Tenn., in order to complete a major expansion project. The project is located in an Appalachian Regional Commission (ARC) Distressed Area with a poverty rate of 35.9 percent […]