A recent Religious News Service article profiled the SDS Supportive Housing Fund, highlighting the unique role of Black churches in the Fund model. The Fund is expected to finance 30 permanent supportive housing developments and house 1,800 individuals experiencing homelessness, and seven of the first 15 projects will be built on church land. Not only does this partnership allow churches to further their mission of serving community members in need of housing, but it also generates cash flow for churches themselves. To read the full article, click here.
National New Markets Fund Invests $20 Million in New Markets Tax Credit Financing to Support Upgrade of American Cast Iron Pipe Company Manufacturing Operations in Birmingham, AL
Allocation Helps Finance $285 Million Project to Replace Single Cupola Furnace with Four Electric Induction Furnaces, Cutting Emissions While Boosting Capacity
