NIIF Closes $14 Million Credit Facility with Consortium of Local Banks

NIIF is pleased to report that it has finalized a $14 million credit facility with a local bank group led by M&T Bank and including First National Bank, Howard Bank, and CFG Community Bank. The five-year flexible line of credit will provide additional liquidity and investment capital to support NIIF’s lending initiatives on top of the public commitment by the City of Baltimore.