CBO Financial Inc.

CBO Financial Inc. is a finance startup with the slogan "Investments. Communities. Revitalization." The company has been in operation since 2000 and operates in the finance and financial services industries. CBO Financial aims to bridge financing gaps for projects that revitalize distressed communities, targeting relatively large-scale ($7M to $150M) projects with substantial positive community impact. The company specifically focuses on developers and nonprofits operating in low-income communities in the U.S. and its territories. CBO Financial leverages various sources, including New Markets Tax Credits, Property Assessed Clean Energy, Federal Historic Tax Credits, Opportunity Zones, Puerto Rico Tourism Development Act, and USDA programs to achieve its mission. CBO Financial's subsidiary, Community Development Funding, LLC, has received $150M in authority under the NMTC program in six separate awards from the U.S. Treasury Department. Additionally, the company has facilitated 14 additional awards for clients. The startup also utilizes Property Assessed Clean Energy (PACE) financing and Historic Tax Credits to provide subsidies for revitalization projects. Furthermore, CBO Financial leverages USDA programs and Act 74: Puerto Rico Tourism Development Act to support economic development initiatives. The company's focus on community revitalization and impactful investments positions it as an important player in the finance and community development sectors.