Our firm is pleased to announce the launch of a new affiliate focused on funding the creation and retention of high-quality jobs in low-income communities. Highland Ridge Community Funding (“HRCF”) will participate in debt and equity transactions involving New Markets Tax Credits, a federal program administered by a division of the U.S. Treasury Department.
The Treasury’s Community Development Financial Institutions Fund supports public-private partnerships through which limited federal resources are used to attract private sector investments into low-income communities. These resources provide needed economic incentives to overcome barriers to investments in economically underserved areas.
Highland Ridge welcomes the opportunity to apply its expertise in sourcing capital for operating companies to this new venture, supporting low-income communities nationwide. For more information, email us: Contact@HighlandRidge.Community.