Marcus Weiss
Marcus Weiss, Esq. is president of the Boston-based Economic Development Assistance Consortium and is a consultant to federal agencies, financial entities, foundations, CDFIs and CDCs.
Filling the Lending Vacuum
As credit tightens and higher and higher numbers of commercial real estate loans enter default, CDCs are stepping up to fill the financing gap in economic development deals from which conventional lenders have been retreating.
Linked Deposits
In 2009, in Pittsburgh, a city much admired for its bank/CDC collaborations, the lender for a prominent mixed commercial/residential project was requiring new appraisals...