Neighborhood Community Development Fund

Overview

Size $2 Million
Equity Equivalent Investment (EQ2)

Summary

KeyBank Community Development Lending & Investment provided a $2 million equity equivalent investment (EQ2) to the Neighborhood Community Development Fund (NCDF), a nonprofit Community Development Financial Institution (CDFI) founded in Pittsburgh’s Northside more than 20 years ago. Proceeds from the KeyBank investment will help the organization support its “Color Me Business Initiative,” which focus on increasing access to capital, technical support, long-term resiliency for minority- and women-owned businesses (MWOB) and others who are facing the challenge of securing access to low-cost capital for business purposes. The initiative will especially target businesses that add to the vibrancy of their communities with amenities such as restaurants, childcare centers, barbershops/salons, food stores, and personal healthcare services. We want to thank the NCDF for its commitment and for making a difference in the communities we serve.

Recent Deals

October 2025

lightshiftenergy

$75 Million

Senior Secured Credit Facilities

Coordinating Lead Arranger
Depositary Agent
Collateral Agent
Administrative Agent

lightshift-energy
October 2025

warhorse

$300 Million

Senior Secured Credit Facilities

Joint Lead Arranger
Joint Bookrunner
Syndication Agent

warhorse-gaming
October 2025

avance

acquired

barchemy

Exclusive Buy-Side Advisor

avance-investment-management
September 2025

the heights

The Heights

$71.2 Million

Constuction Loan, LIHTC Equity, Permanent Loan & Public Sale of Bonds

the-heights

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