Enhanced Capital, a private credit investment manager founded in 1999, released its 2024 Community Impact Report. The report highlights Enhanced Capital’s achievements over the year, through the firm’s focus areas: Project Finance and Small Business Lending.

We are currently seeking in-person interns to join our Small Business Lending team for the summer session of 2025. The preferred candidate is a 2026 graduate who can work in Cincinnati, OH.

Catherine Blume, Director at Enhanced Capital, recently participated in “CREW Making Deals Together – Featuring St. Augustine HS,” hosted by CREW New Orleans in New Orleans, LA.

We are seeking a highly motivated Small Business Lending (SBL) associate or senior associate to join our team of investment professionals in St. Louis, MO, or Cincinnati, OH.

Enhanced Community Development, LLC, a subsidiary of Enhanced Capital, is pleased to announce the closing of a $30 Million Louisiana New Markets Tax Credits allocation from the Louisiana New Markets Jobs Premium Tax Credit program, administered by the Louisiana Department of Revenue.

HPS Investment Partners and Enhanced Capital announced today the launch of a new partnership between funds managed by HPS Investment Partners and Enhanced Capital that will provide structured capital solutions for renewable energy and battery energy storage projects throughout the United States.

Parthie Darrell Orth, Enhanced Capital‘s Head of Investor Relations, will speak on a Small Business Investor Alliance (SBIA) Women Investors Networking Council (WINC) webinar on Wednesday, October 9th, at 2:00 pm ET. This online webinar, titled “WINC Career Development Meeting Spotlight on Investor Relations,” will explore key insights into the role of investor relations in today’s evolving financial landscape.

Enhanced Community Development, a subsidiary of Enhanced Capital Group, LLC, announced that it has been awarded $65 million in New Markets Tax Credits (NMTC) allocation by the U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund.

We are seeking a highly motivated Climate Finance analyst or senior analyst to join our team of impact investing professionals in St. Louis.

Enhanced Capital is pleased to announce that the Wilson Lofts redevelopment project and its developer, Economic Growth Corporation (GROWTH), received the Preservation at its Best award for “Adaptive Reuse” at the annual Preservation Iowa Summit.

Enhanced Capital’s Richard Montgomery, Managing Partner, will be speaking at the Alternative Capital and Economic Development Roundtable on Tuesday, August 13, from 9:00 a.m. to 12:00 p.m. CST in Austin, TX.

Enhanced Capital’s Head of Climate Finance, Ed Rossier, will speak at the CCS/Decarbonization Project Development, Finance & Investment Summit on a panel called “The Status and Future of Traditional Tax Equity Market for CCS” on Wednesday, July 24, from 4:45 pm – 5:30 pm in Houston, TX.

Enhanced Capital’s Head of Climate Finance, Ed Rossier, will speak at Four State Banking Conference on a panel called “Navigating the Tax Maze: Unveiling Investment Tax Credits for Financial Growth” on Thursday, June 27, at 1:30 pm in Stevenson, WA

Enhanced Capital Construction Project Manager Chris Shinaberry will speak at the 2024 CLRM Roundtable Conference on the “Variation of Scopes of Work for Construction Risk Management” panel in Nashville, TN, on Tuesday, April 16 at 9:45 am CT.

Enhanced Capital Principal Doug Beekman will speak at the CMO Syndicate Executive Leadership Roundtables online event as an executive spotlight on “Structuring for Growth in a Rapidly Evolving Market — An Executive Discussion” Thursday, March 21st, at 12:00 pm ET.

Enhanced Capital’s Head of Climate Finance, Ed Rossier, will speak at the Energy Storage Summit USA 2024 on a panel called “Equity & Credit in the Post-IRA Era” in Austin, TX, on Tuesday, March 19th, at 12:35 pm CT.

Enhanced Capital Director Ian McCulley spoke at iGlobal Forum’s Global Leaders in Real Estate Summit on a panel called “Utilizing C-PACE Financing for Carbon Emissions Reduction” on Tuesday, October 10th, at 2:00 pm ET in New York, NY.

Enhanced Community Development, a subsidiary of Enhanced Capital, announced that it has been awarded $40 million in New Markets Tax Credits (NMTC) allocation. This award marks the ninth time Enhanced Community Development has received a federal NMTC allocation, resulting in a cumulative total of $430 million in federal NMTC allocation since 2006.

Enhanced Capital is excited to announce the Bloomhaven Innovative Living Community received a 2023 Landmarks Illinois Richard H. Driehaus Foundation Preservation Award for Adaptive Reuse. This annual award program honors exceptional preservation efforts across Illinois and is celebrating its 30th Anniversary this year.

Enhanced Capital’s Head of Climate Finance Ed Rossier will speak at Infocast’s Tax Incentives 2023: Optimizing Post-IRA Opportunities on a panel called “Exploring the New Possibilities: Structuring and Restructuring PTC and ITC Based Renewable Energy Deals” in Houston, TX, on Wednesday, October 4th, at 3:30 pm CT.

Enhanced Capital’s Director on the Climate Finance team Lan Sasa was recently featured in Novogradac’s Rising Stars 2023, which spotlights 10 Rising Stars in community development.

Gingee Prince, Enhanced Capital‘s Chief Impact Officer and Managing Director, will be a moderator for the Indoor AgTech Innovation Summit’s “Finding Funding in a Challenging Economic Environment” panel on Thursday, June 29th at 4:30 pm ET in New York, NY.

Enhanced Capital’s Vice President of Climate Finance Anastasia Kiryushkina will speak at the Aon Global Power & Renewables Symposium in New York on Tuesday, May 16th at 11:30 am ET on a panel titled “The Inflation Reduction Act and Renewable Energy Investment.”

Enhanced Capital’s Head of Climate Finance Ed Rossier will speak on Anza Renewables’ free webinar called “How To Reduce Risk in PV Module Selection” on Thursday, March 23^rd, at 2:00 pm ET.

Enhanced Capital President and CEO Michael Korengold will speak at Private Equity International’s (PEI) Responsible Investment Forum on the “Track A – Continued Push Towards Impact Investing” panel Wednesday, March 1^st at 2:40 pm ET in New York, NY.

Enhanced Capital Principal Doug Beekman will speak at Structured Finance Association’s SFVegas 2023 on the “Investing in Small Business Finance: Navigating the Consumer Finance Market” panel on Tuesday, February 28

Enhanced Capital’s Chris Shinaberry was pleased to join elected officials and hundreds of other community members at the ribbon-cutting for the opening of North Austin Community Center (NACC) in Chicago, IL.

Enhanced Capital Managing Director and Head of Climate Finance Ed Rossier spoke with Novogradac about the enactment of the Inflation Reduction Act of 2022 and its implications for renewable energy.

New Private Markets reporter Sam Birchall recently spoke with Enhanced Capital Managing Director and Head of Climate Finance Ed Rossier about how the firm looks to drive impact and risk-adjusted returns in community solar projects.

Enhanced Capital is seeking an Asset Manager to join our Climate Finance team. This position is in-person and can be located in our St. Louis or New Orleans office with preference towards our St. Louis office.

Private Debt Investor published an article by Enhanced Capital Managing Partner Mark Slusar on small business lending and how private debt can improve healthcare facilities in underserved areas of the country.

Enhanced Capital Managing Director Dusty Dickerson, and Vice President Laurel Hearn spoke with Jordyn Hronec at the Pittsburgh Business Times about the redevelopment of the iconic Triangle Building in Pittsburgh, PA. This project was made possible through the firm’s partnership with developer Hullett Properties and federal and Pennsylvania Historic Tax Credits.

Enhanced Capital Director Ian McCulley was featured in a Commercial Observer article covering a mixed-use development known as the Rune in Alexandria, MN, that received equity and Commercial Property Assessed Clean Energy (C-PACE) financing from the firm.

Enhanced Capital Managing Partner Mark Slusar was recently featured in Creditflux’s Credit Rendezvous, where he commented on US direct lending and the pressure rising input costs put on small companies.

Enhanced Capital Group is pleased to announce the expansion of its strategic relationship with Crossroads Impact Corp, a holding company focused on investing in businesses that promote economic vitality and community development.

We are excited to announce that Enhanced Capital President and CEO, Michael Korengold, has been appointed chair of the Pancreatic Cancer Action Network’s (PanCAN) Board of Directors. Michael first joined PanCAN’s Board of Directors in 2014.

Enhanced Capital President and CEO Michael Korengold was recently featured on a Bloomberg TV Triple Take segment focused on cracks in the credit market. Triple Take segments provide three angles on a single topic in order to provide investors and viewers with a balanced and complete perspective on the world.

Enhanced Capital Chief Impact Officer Gingee Prince and Director Doug Beekman recently spoke with Augusta Business Daily about the firm’s investment in Paine College, a historically black college located in rural Augusta, GA.

Gingee Prince, Enhanced Capital‘s Chief Impact Officer and Managing Director, will speak at the Indoor AgTech Innovation Summit’s “Which Finance Models Work Best in Scaling Controlled Environment Agriculture (CEA)?” investor debate today, June 23rd at 5:20 pm ET in Brooklyn, NY.

Enhanced Capital President and CEO Michael Korengold recently shared his insights in a GlobeSt.com article titled “Community Reinvestment Act Could Receive Meaningful Overhaul.”

Enhanced Capital’s President and CEO Michael Korengold will be speaking at the upcoming Private Equity International Impact Investor Global Summit in London on May 18th and 19th in a session on “The role of impact financing in creating change.”

Enhanced Capital President and CEO Michael Korengold provided insight for an article by Long Island Business News on “Inflation and higher energy costs squeezing small businesses.”

An article focusing on the impact real estate space by Enhanced Capital President and CEO Michael Korengold was published in the March Edition of Real Assets Adviser and subsequently republished in Institutional Real Estate Americas and Institutional Real Estate Asia Pacific.

Enhanced Capital President and CEO Michael Korengold spoke with Carolyn Vallejo for a GrowthTV episode titled “How to Measure the Impact of Impact Investing.”

Enhanced Capital was honored to join developer HRI Communities at the ribbon-cutting for the opening of Bottle Art Lofts, an adaptive reuse development and affordable apartment community in Lafayette, LA.

The ideal candidate should be prepared to work in a fast-paced environment and will finish the internship having gained experience in various aspects of our impact investing business.

Enhanced Capital’s CEO Michael Korengold recently spoke about the firm’s investment in the ND Paper Old Town Paper Mill for a segment airing on NEWS CENTER Maine Media, a local NBC affiliate.

Dusty Dickerson, a Managing Director at Enhanced Capital, recently spoke with Samantha Rowan of Real Estate Capital USA for a piece on “Filling the Affordable Housing Lending Gap” for the February/March 2022 issue.

“We look for investments that create not just a financial return but also an impact return,” stated Michael Korengold, Enhanced Capital’s CEO and President, in a podcast with Debtwire’s Reshmi Basu, discussing the impact investing space.

In Barron’s Penta’s latest “Future Returns” column, Enhanced Capital President and CEO Michael Korengold discussed how our approach to impact investing aligns with economic development programs to meet public policy goals and generate financial returns.

On Thursday, November 4^th at 1:30 – 2:30 pm ET, Enhanced Capital’s Ed Rossier will share his insight on various issues, including tax position insurance, basis risk, merchant tails, and carbon capture at the Novogradac 2021 Fall Renewable Energy and Environmental Tax Credits Conference.

Enhanced Capital is proud to participate in an innovative state program to provide rural small businesses in Pennsylvania, such as Sharpsville Container Corporation (SCC), with access to capital. SCC is a process equipment manufacturer that offers integrated engineering solutions primarily focused on fluid and gas handling containment.

Enhanced Capital’s Dusty Dickerson speaks at Novogradac’s 2020 Historic Tax Credit Virtual Conference Thursday, September 24^th from 2:30 pm – 3:30 pm ET. Dusty will provide his expertise on a panel discussing strategies for accessing investor capital.

On Friday, August 13th at 10:45 am CT, join Enhanced Capital’s Ian McCulley to explore how property owners are using Commercial Property-Assessed Clean Energy (C-PACE) financing to increase cashflow and lower expenses in response to pandemic-related challenges at Missouri Energy Initiative’s (MEI) virtual Midwest Energy Policy Series on Energy Efficiency.

On Thursday, May 20^th at 11:00 AM CST,  join Enhanced Capital’s Ian McCulley to discuss the basics of Commercial Property-Assessed Clean Energy (C-PACE) at Cook County’s C-PACE Finance Program webinar.

On Wednesday, March 31^st at 8:30 AM CST, join Enhanced Capital’s Ian McCulley and Peter Neumeier to discuss how to navigate the Commercial Property-Assessed Clean Energy program and fund sustainability improvements at Bisnow’s C-PACE 101 webinar.

On Wednesday, March 10^th at 10:45 AM CST, join Enhanced Capital’s Ian McCulley and Peter Neumeier to discuss Commercial Property Assessed Clean Energy (C-PACE) in the Philadelphia market at Bisnow’s Philadelphia Capital Markets & CRE Finance webinar.

A small business that launched motorcycle and American V4 engine production in 2014 in Alabama thanks in part to an investment through Enhanced Capital has found so much success that it’s now identifying additional opportunities for similar economic growth in the state.

As the COVID-19 pandemic continues to impact our economy, it is important to support small retail businesses in our communities. Small businesses have a tremendous impact on the growth and innovation of local economies, as they are a critical component of the US labor market for both job creation and retention. For more than 20 years, Enhanced Capital has provided small businesses with the access to capital they need to grow and create jobs.

Throughout the first and second quarter of 2020, Enhanced Capital provided $72.9 million in funding through tax credit programs.

Throughout the first and second quarter of 2020, Enhanced Capital provided $19.6 million in impact investments to small businesses located in underserved areas. A total of 12 new projects across 7 states were added to Enhanced Capital’s impact lending portfolio.

Enhanced Community Development, a subsidiary of Enhanced Capital, announced that it has been awarded $35 million in New Markets Tax Credits (NMTC) allocation. This award marks the eighth time Enhanced Community Development has been awarded federal New Markets Tax Credits. Including this most recent round, Enhanced Community Development has received a total of $390 million in federal NMTC allocation.

Enhanced Capital has announced the launch of its national Commercial Property Assessed Clean Energy (C-PACE) financing platform.  Enhanced will finance eligible energy efficiency measures in qualifying programs throughout the U.S.  By offering C-PACE financing, Enhanced continues its mission of supporting and strengthening local communities.

The Georgia Agribusiness and Rural Jobs Act (GARJA) program is continuing to support growth in the state’s agricultural industry through an investment in Keith Griffin Farm. The company is an affiliate of family-owned Luther Griffin Farm, a 7,400-acre farm near Bainbridge, Georgia. With financing from Enhanced Capital, Keith Griffin Farm was able to purchase additional land and install irrigation systems to support this expansion.

The new federal Opportunity Zone program benefits local businesses and municipalities alike, according to speakers at a recent workshop involving about 100 business owners, developers, public officials, investors and others who gathered to learn more about Opportunity Zone funds in Connecticut.

Three redevelopment projects financed by Enhanced Capital are making waves in the architecture world as some of the country’s “most brilliant factory revivifications.”

Featured in the recent Architectural Digest article “Architects Find New Inspiration in Abandoned American Factories,” historic rehabilitation efforts are reinventing decaying urban and industrial landscapes as they bring luxury hotels, retail spaces and galleries into operation. Enhanced Capital is proud to have invested in three of the eight projects that made the list.

A shuttered manufacturing facility in rural Eatonton, Georgia, will re-open its doors and restore dozens of jobs thanks to an investment from Enhanced Capital through the Georgia Agribusiness and Rural Jobs Program.

With over 35 years of experience in the fabricated wood millwork industry, George Habib has opened Cabinet Concepts, manufacturing affordable cabinets for new home construction as well as kitchen and bath renovation projects.

Enhanced Capital announced today an investment in MCS Manufacturing through the Ohio Rural Business Growth Program that provided MCS with flexible capital for working capital and expansion initiatives. With this financing, MCS has the liquidity and financial flexibility needed to pursue growth objectives, including the hiring of additional staff members.

“MCS Manufacturing is expanding quickly to meet the growing need for manufacturing services,” said CEO and President Aaron Call, who founded MCS Manufacturing in 2008. “Enhanced Capital’s flexible financing has allowed MCS to increase production of quality, custom products for our clients.”

Under a recently enacted Ohio small business investing program, Enhanced Capital has closed a $25 million state-approved capital formation fund to provide financing to small businesses in the rural counties of Ohio. The goals of the Ohio Rural Business Growth Program include attracting capital investment, retaining existing jobs, creating new jobs within existing businesses and attracting new business and industry to rural counties of Ohio.

Under a recently enacted Georgia small business investing program, Enhanced Capital has formed a state-approved capital formation fund to provide financing to small businesses in rural parts of the state.

While Atlanta and larger metropolitan areas are booming, many rural communities in Georgia continue to see their local economies fall behind as businesses close and residents migrate to larger cities. In 2017, the Georgia General Assembly approved the Georgia Agribusiness and Rural Jobs Act (GARJA) to address access to capital needs for small businesses in rural Georgia.

The recently released 2018 New Markets Tax Credit (NMTC) Progress Report highlights the growing demand and need for NMTC funding to expand businesses and create jobs in distressed communities.

The 14th edition of the report, released by the New Markets Tax Credit Coalition in June, reviews and analyzes NMTC activities in 2017. By deploying over $3.9 billion in NMTC allocations, community development entities such as Enhanced Community Development, a subsidiary of Enhanced Capital, financed 272 NMTC projects last year, the report shows. Over 83 percent of the projects financed were in severely distressed communities, bringing health care facilities, manufacturing businesses, vocational training centers and jobs to many low-income families across the United States.

Bicameral, bipartisan legislation (S. 3058 and H.R. 6081) recently introduced by U.S. Sens. Bill Cassidy (R-LA) and Bill Cardin (D-MD) and U.S. Reps. Darin LaHood (R-IL) and Earl Blumenauer (D-OR) would strengthen the federal historic tax credit (HTC) and encourage historic rehabilitation projects in communities across the country.

Enhanced Capital is proud to share that Paul Falvey has been recognized by the Hartford Business Journal as Chief Financial Officer of the 2017 for companies with more than 100 employees. Mr. Falvey serves as CFO of PhysicianOne Urgent Care, which received financing through Enhanced Capital through the Invest CT program.

A cutting-edge clean energy company converting waste into renewable energy, a specialty agricultural operation in rural America, a new school in a hurricane-impacted neighborhood in New Orleans and a manufacturing business providing jobs in Utah are among projects highlighted in Enhanced Capital’s new Community Impact Report. Released at the beginning of 2018, this report highlights the positive impact of recent economic development projects supported by Enhanced Capital.

Since 1999, Enhanced Capital has been committed to providing capital to businesses underserved by many traditional investors. From the opening of a tissue mill in rural Maine, to the expansion of a renewable energy facility in Utah, we have witnessed the catalytic economic impact our investments have within communities across the nation.

A new independent report commissioned by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) found that the New Markets Tax Credit (NMTC) Program is meeting and exceeding program and compliance requirements and continuing to attract job-creating investments in economically distressed communities.

A homegrown tech business is making strides toward developing New Orleans’ high-tech industry and expanding its local and global footprint thanks to an initial investment through Louisiana’s Certified Capital Company (CAPCO) program.

Lucid, a 5-year-old market research firm that received an investment from Enhanced Capital through the Louisiana CAPCO program, has gone from being a promising tech startup to a high-growth business with global aspirations.

Inbox Health, a startup transforming patient billing and payments, has closed a $1.5 million Seed Round of funding. The round was led by Connecticut Innovations, with participation from Launch Capital, Enhanced Capital, I2BF Global Ventures, David Sturek (partner at Giganteus PE Management), Mohawk Ventures, and Margaret Ricciardi. The round will help the company accelerate its sales and marketing efforts, as well as to grow their research and development team.

Through the state of Connecticut’s Invest CT program, Enhanced Capital has provided private growth capital to a variety of Connecticut-based businesses. One of those companies, Spot On Networks, recently announced an exciting project.

The project, Queensbridge Connected, will bridge a major digital divide as the largest affordable housing, community-wide WiFi network in the United States. Spot On Networks, a managed wireless service provider headquartered in New Haven, Connecticut, recently turned on the new network at the Queensbridge housing complex, in Long Island City, New York, which includes more than 3,000 units in 95 buildings with 7,000 residents.

Enhanced Community Development, a subsidiary of Enhanced Capital, announced that it has been awarded $90 million in New Markets Tax Credits (NMTC) allocation. This award marks the sixth time Enhanced Community Development has been awarded New Markets Tax Credits.

Brighter Health Network, LLC (BHN), which offers medical diagnostic solutions such as urodynamic testing services, today announced it has acquired Urodynamic Testing Specialists (UTS) for an undisclosed amount. The acquisition is expected to be immediately accretive to earnings and will significantly increase BHN’s top and bottom lines.

Enhanced Capital’s Catherine Blume took home the Millennial Award in the Financial Services category after being chosen as one of three finalists from over 200 nominations. The “Voices of a Generation” themed Millennial Awards external link honored New Orleans millennials who make significant contributions in their industry and well as making a positive impact in the community.

Senate Majority Leader Bob Duff (D-Norwalk) joined Syd Kain, President of Sovereign Home Health Connecticut, at the company’s Norwalk headquarters to tout the state’s InvestCT program (formerly the Insurance Reinvestment Fund) which helped Sovereign Home Health create 40 jobs.

“Because of Enhanced Capital and InvestCT program, we were able to put Sovereign Home Health of Connecticut on a growth course,” Kain concluded.

Senate Majority Leader Bob Duff (D-Norwalk) joined Syd Kain, President of Sovereign Home Health Connecticut, at the company’s Norwalk headquarters to tout the state’s InvestCT program (formerly the Insurance Reinvestment Fund) which helped Sovereign Home Health create 40 jobs.

“Because of Enhanced Capital and InvestCT program, we were able to put Sovereign Home Health of Connecticut on a growth course,” Kain concluded.

Enhanced Capital (“Enhanced”), a New York-based private investment firm, and FocusPoint Private Capital Group (“FocusPoint”), a FINRA member focused on private capital raising, have formed Enhanced FocusPoint (“EFP”), a partnership to source, seed and launch a series of private investment funds.

Enhanced Community Development, a subsidiary of Enhanced Capital, has been awarded a $50 million allocation in the competitive federal New Markets Tax Credit (NMTC) program. Administered by the Community Development Financial Institutions Fund of the U.S. Department of the Treasury, the New Markets Tax Credits allocations for the 2018 allocation round were announced May 23.