Since its inception in 1999, CBO Financial Inc. has carved a niche as a pivotal financial consulting firm dedicated to revitalizing economically distressed communities across the United States and its territories. With a mission centered on facilitating funding for high-impact community development projects, CBO Financial bridges the gap between vision and reality for both nonprofit organizations and for-profit developers tackling initiatives ranging from $7 million to $150 million.
At the heart of CBO Financial’s offerings is its ability to provide gap financing and technical assistance, ensuring that projects in low-income areas can secure the necessary resources to thrive. The firm excels in navigating complex federal financing programs, delivering affordable, below-market loans and subsidies that breathe life into developments that might otherwise remain stalled due to funding shortages. Whether it’s a community center, an educational facility, or a commercial hub, CBO Financial’s involvement often translates into measurable outcomes like job creation and neighborhood revitalization.
A standout feature of CBO Financial’s expertise is its deep involvement with the New Markets Tax Credit (NMTC) program. Through its subsidiary, Community Development Funding, LLC, the firm has secured $150 million across six awards, while also aiding clients in obtaining over $400 million through 18 additional awards. This program exemplifies CBO Financial’s knack for unlocking capital for transformative projects in underserved regions.
Beyond NMTC, CBO Financial taps into a diverse array of federal and state programs to fuel community progress. These include Property Assessed Clean Energy (PACE) financing, Federal Historic Tax Credits, Opportunity Zones, USDA programs, and Puerto Rico’s Tourism Development Act. Each tool is strategically deployed to support initiatives that enhance economic opportunities and improve community infrastructure, aligning with the firm’s overarching goal of fostering sustainable growth.
CBO Financial’s service suite is as robust as its mission. From project planning and financial modeling to assistance with financing applications, the firm provides end-to-end support tailored to the unique needs of its clients. Its portfolio boasts an impressive array of completed projects—community centers, schools, and commercial developments—that stand as testaments to its efficacy. These successes underscore CBO Financial’s role in not just funding projects, but in catalyzing long-term economic and social benefits.
The CBO Financial website serves as a gateway to its expertise, offering detailed insights into specific programs like the North Carolina and Connecticut NMTC initiatives, along with comprehensive FAQs. For organizations eager to explore their options, the site provides a straightforward contact avenue for free project analysis, reinforcing CBO Financial’s commitment to partnership and accessibility.
More than just a financial consultant, CBO Financial positions itself as a vital ally for those striving to uplift underserved communities. With over two decades of experience and a track record of tangible impact, the firm continues to empower developers and nonprofits alike, turning ambitious blueprints into thriving realities that reshape neighborhoods and lives.