News / Events | Dudley Ventures

Oct 18 2024

“The Ribbon” Unveiled: $8M Affordable Housing Development Opens in East English Village

With the cost of living continuing to rise, in a significant boost to affordable housing in Detroit, city officials, including LISC Detroit, Invest Detroit, and members of the City Council, celebrated the grand opening of “The Ribbon,” a groundbreaking multi-use development by local developer Edward Carrington of Flux City Development. This $8.2 million project, the largest along the E. Warren Ave. corridor in decades, adds 18 new affordable housing units to the city’s growing inventory, marking a pivotal step in addressing the community’s housing needs.

Sep 29 2024

EO opens workforce development hub in Abingdon

A former Kmart in Abingdon is now home to a workforce development and child care hub launched by EO, a nonprofit that spun off from the United Way of Southwest Virginia to oversee workforce development programs. EO received the certificate of occupancy for the 87,000-square-foot Regional Workforce and Child Development Hub and began moving employees into the center at the end of August, a week earlier than anticipated, says Mary Anne Holbrook, EO’s vice president of development. By mid-September, all 44 EO employees had moved in. A grand opening celebration is set for the week of Oct. 21.

Sep 19 2024

Treasury’s CDFI Fund announced $5 billion in New Markets Tax Credits

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund announced $5 billion in New Markets Tax Credits today that will spur investment and economic growth in low-income urban and rural communities nationwide. A total of 104 Community Development Entities were awarded tax credit allocations, made through the 2023 round of the New Markets Tax Credit Program.

Aug 28 2024

Green Era Campus Aims To Provide Solution To Food Access On South Side

An urban agriculture campus that will help build economic development and manufacturing that will improve the quality of life for residents in Auburn Gresham and the surrounding communities launched recently.

Jul 7 2024

More affordable housing is being developed in San Antonio

SAN ANTONIO — San Antonio is getting hundreds of new affordable homes. City Council approved four new projects to increase options across the city. They are spread out in different parts of the city; in districts two, three, four and five. In all, the four projects will mean more than 700 affordable homes for families who qualify.

Jul 5 2024

DV Community Investment Releases 2023 Annual Report

We are pleased to share our 2023 activities as a CDE under the CDFI Fund’s #NMTC Program. Last year, our projects served over 30,000 low-income individuals residing in distressed communities. We look forward to continuing to make the NMTC Program the most effective tool for creating quality jobs, and bringing community services, healthcare, education, and needed development capital to impoverished communities across America.

Jul 2 2024

Cohocton, NY Facility in Cohocton Generates Biogas from Dairy Manure and Food Waste

COHOCTON, NY - State and local leaders cut the ribbon on a new renewable energy facility at Lent Hill Dairy Farm in Steuben County. The new plant will make clean power from cow manure and discarded food waste from nearby cheese and yogurt-making plants. The manure and food scraps will be anaerobically digested to create biogas, then converted to electricity in a high-efficiency generator at the Lent Hill farm and added to the NYSEG grid.

May 23 2024

Make the New Markets Tax Credit Permanent

The New Markets Tax Credit helps provide jobs, economic development and food security, says Dr. Chris Freeman, CFO of Bongards Creameries. He says it should be a permanent federal policy.

May 9 2024

Brownsville Mayor Touts Job Growth in State of the City Address

Brownsville Mayor John Cowen held his first state of the city address yesterday and highlighted the Rich Products Corporation facility expansion which will create more than 130 new jobs. The expansion was financed with $17.5M in NMTC allocation from National New Markets Fund & $8M in NMTC allocation from DV Community Investment.

< Back12 3 4 5...20 Next >