Fund profile
AMCREF Community Capital
New Orleans, United States
Leading
About
AMCREF Community Capital is an impact-driven finance firm based in New Orleans, specializing in providing flexible, below-market-rate financing to businesses that generate significant environmental, social, and economic benefits. Founded in 2005, AMCREF primarily supports companies in low-income and rural communities across the Southern U.S., with a focus on industries like clean energy, sustainable manufacturing, recycling, and green infrastructure. AMCREF has deployed over $650 million in New Markets Tax Credits (NMTC), a federal program aimed at stimulating economic growth in underserved areas. These funds are used to support startups and high-growth companies that align with AMCREF's mission of job creation, environmental sustainability, and community development. With a strong leadership team including co-founders Knox Clark and Clifford Kenwood, AMCREF brings over 25 years of expertise in specialty finance, tax credit programs, and community development. They target industries such as green manufacturing, sustainable forestry, and efficiency improvements, leveraging both federal and state tax credits to maximize impact.
Details
Highlights
$3M
Historical average check
$6.5M
Historical max check
August 2024
Last investment date
3
Investments
CleanTech & Sustainability
Hardware. Robotics & IoT
E-commerce & Retail
Energy & Utilities
Natural Resources
Agritech & Farming
Food & Beverage
Real Estate & Proptech
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Contacts
Website
amcref.comSocial
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