| Spring 2008
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Two Firsts With One Deal
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New Markets Tax Credit Loan FundsNCIF established a formal working partnership with Coastal Enterprises, Inc. to provide access to New Markets Tax Credit based loan funds in our four state service area. This partnership represents a unique opportunity to accelerate the development and implementation of triple bottom line projects in rural Appalachia and the Southeast. |
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NCIF Partners to Offer New Markets Tax Credit Products
In 2008, NCIF established a formal working partnership with CEI Capital Management, LLC to provide access to New Markets Tax Credit-based loan funds in our four state service area. This partnership represents a unique opportunity to accelerate the development and implementation of triple bottom line projects in rural Appalachia and the Southeast. Read more>
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Shepherdstown, WV 25443
Phone: 304-876-2815
Fax: 304-870-2205
NCIF made its first investment in North Carolina and its first investment in a renewable energy company early in 2008. Piedmont Biofuels, Inc. -- a biofuels cooperative based in Moncure, NC - used NCIF and Self-Help Ventures Fund financing to purchase a vacuum pump-equipped tanker truck to collect waste grease from restaurants and institutional food service facilities. The coop will use the grease to produce biodiesel for its 450 + members and supply affordable feedstock to its manufacturing arm, which produces 1,000,000 gallons of B100 biodiesel annually.