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Broadstreet Impact Services has deployed $35 million in the Thriving Communities Fund to support local businesses and job creation, leveraging NMTCs with TD Community Development Corporation as a lead investor.
PRIVATEJul 29, 2025•11 months ago
Amount Raised
$35 Million
ChicagoNon Profit
Investors
Td Community Development Corporation
Description
Broadstreet Impact Services announced that it has fully deployed the $35 million Thriving Communities Fund, aimed at supporting investment in low-income communities. The fund utilizes NMTCs to provide capital for developmental projects that improve local businesses and services. It targets commercial renovations to revitalize blighted properties and enhance community well-being. This initiative seeks to create jobs while improving access to education, health, and social services.
Company Information
Company
Broadstreet Impact Services
Location
Chicago, Illinois, United States
About
Broadstreet Impact Services is an organization focused on impact investment that supports business investment, community facilities, and job creation in low-income communities through innovative financing tools like the New Markets Tax Credits. The company aims to restore shuttered facilities and enhance community well-being by providing affordable capital resources. Their initiatives contribute to economic opportunities while addressing critical issues such as food insecurity and job training.
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ChicagoNon Profit