City First Bank is an eight-time awardee of New Markets Tax Credit (NMTC) authority totaling $543 million. We’ve financed more than 50 high-impact catalytic projects with direct NMTC investments of up to $24 million per transaction and leveraged over $1.6 billion in total development costs through our affiliate, City First New Markets Fund ll, LLC.

Our NMTC customers include nonprofit organizations, such as education, healthcare, and social service providers; for-profit businesses; and housing developers and investors across the country ready to build or enhance facilities that enable the expansion of goods and services in low-income communities. We specialize in connecting historically excluded communities with the foundational capital and resources required for success.

We walk with you, step by step. Your City First team assists you in analyzing your companies’ management experience, relevant technical expertise, projected community impacts, credit worthiness, current project funding, and ability to repay based on projected cash flow.