GRANTS: Federal Capital Grants (CBO Financial, Inc.)

FANO would like to welcome our newest Preferred Partner, CBO Financial, Inc. to our team.   CBO/ FANO Program Flier

CBO Financial, Inc. (CBO) specializes in assisting nonprofits plan and finance facility projects nationwide, often utilizing federal subsidies such as New Markets and Historic Tax Credits, among others. Services include project planning, financing, and construction management.  If your agency plans to expand its service area, relocate, build a new facility, or needs help pushing a project to the finish line – CBO can help!

CBO is an industry expert in navigating the complex process of planning and financing new facilities for nonprofits in the nation’s most distressed communities.   As such, CBO is offering free training programs to FANO members and their affiliate/  If your agency wants to expand their service area by opening or expanding a facility, these workshops will provide you with the foundation to launch such an undertaking, including how to finance it.

The program includes two workshops:

Facility Planning and Financing 101

Building, buying or financing a new facility is an exciting, but complex endeavor that requires a lot of planning and effort. There is no question that construction projects and acquisitions are well served by proper planning ahead of time. A successful project has many ingredients, most importantly viable plan. Topics include how to do a feasibility study, gain site control, how to develop a project team, and identifying financing options.

Financing A Project Utilizing New Markets Tax Credits

Developing or acquiring a new facility is a major, complex undertaking, potentially involving millions of dollars. There is a wide cost range at which facilities and financing can be delivered; it is imperative to the long-term success of a project that they are delivered as cost effectively as possible. This workshop will address financing methods such as low-interest loans and focus on federal subsidies programs such as the New Markets Tax Credits program – all of which can help accelerate the project development process at a reduced cost to organizations.

To kick off FANO’s partnership with CBO Financial, please join us on February 11th at 10:00 am EST for a free webinar of “Facility Planning and Financing 101”.  For details on how to access the webinar, email Vicki Bokhari at vbokhari@cbofinancial.com

To learn more, visit CBO’s website at www.cbofinancial.com

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