Innovative Financing that
Creates Good Jobs,
Strengthens Families and
Builds Resilient Communities
One Investment at a Time
Volumod Modular Housing Factory (Indianapolis, IN)
Who We Are
New Market Opportunity Fund CDE LLC and its affiliates (the "OppFund") represent a collaboration among pre-eminent community and economic development entities to forge innovative financing tools to identify and address the most pressing challenges facing low-income communities and their residents.
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What We Do
New Market Tax Credit Financing
The OppFund CDE is a Community Development Entity certified by the U.S. Department of Treasury to participate in the New Markets Tax Credit (NMTC) program. The Opportunity Fund CDE has been awarded $95 million in NMTC allocations and provided more than $90 million of NMTC financing to 12 projects with development activity in excess of $125 million. The Opportunity Fund CDE is currently using a $40 million NMTC award that it received in 2023 to support some of this NMTC financing.
The OppFund's CDEs are managed by Strategus. The Strategus team has closed and fund nationwide over $1 billion of complex economic development incentive transactions with NMTC financing and over $400 million of Indiana investment tax credit projects.
State Tax Credit Financing
The OppFund has facilitated state tax credit financing for projects exceeding $3 billion in development costs.
Incentive Financing Consulting
The Opportunity Fund identifies and structures packages of federal, state and local incentives to start or expand businesses that improve the economies of disadvantaged communities and the lives of their residents.
Contact Us
4181 E 96th St Ste 200, Suite 200
Indianapolis, IN 46240
(917)-653-5178