FCLF & NMTC Financing help YMCA of South Florida

Florida Community Loan Fund has finalized the closing on New Markets Tax Credit (NMTC) financing for the YMCA of South Florida. FCLF provided $17 million in NMTC allocation for the new LA Lee / Mizell Community Center in Fort Lauderdale. Replacing an aging building that had increasing repair expenses and no room for expansion, the…