CAPITALIZATION FUNDING
● Great investment opportunity to invest in the revitalization Community Project located Baltimore, Maryland. Nehemiah Developers, LLC is seeking accredited investors to raise:
● $35,000,000.00 in Class A Units of Membership Interest
● Investment per Class A Unit: $10,000.00
● Minimum Investment: $200,000.00 (20 Class A Unit)
● Nehemiah Developers, LLC capitalization is to contribute under the 1st round Private Placement (Assembly Packages Phase I &II) is to raise $35,000,000 (Thirty-Five Million dollars) to offset some of the Site Acquisition and Pre-Developments Costs to accomplish the following:
● Purpose for these funds is to acquire site control of Two -Thousand Four-Hundred Ninety-One (2,491) Residential Properties by downpayment deposit of 15% for each property
● Purpose for these funds is to acquire site control of One-Hundred Forty-Two (!142) Commercial Properties by downpayment deposits of 20% for each commercial property
● To offset some of the Pre-Development Costs such as :
○ Environmental Phase I
○ Environmental Phase II
State of Maryland Grant, Loan, and Tax Credit Programs; the Department offers several programs to encourage economic growth within disadvantaged communities to reduce Real Estate Development Costs dramatically. These programs shall be pursued during the Pre-development stage:
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Community Development Block Grant Program
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Community Investment Tax Credits (Multi-Family) Program
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Maryland Housing Counseling Fund Program
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Neighborhood Housing Services Program
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Operating Assistance Grant Program
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State Revitalization Programs
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Community Legacy Program
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Strategic Demolition Fund-Statewide Program
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Strategic Demolition Fund-Project C.O.R.E Program
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Baltimore Regional Neighborhood Initiative Program
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National Capital Strategic Economic Development Program
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SEED Community Development Anchor Institution Program
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Sustainable Communitiy Program
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Tax Increment Financing (TIF) Program
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Empowerment Zones Renewal and Enterprise Communities (EZRC) Program