Saturday, February 20, 2010

New corporation seeks to redevelop area in DeKalb County

National Bank & Trust Company’s Community Development Corporation, a limited-liability corporation that finances economic redevelopment projects or projects to benefit low- to moderate-income people in DeKalb and Sycamore.

For example, Cullen said, it could purchase an empty downtown building, refurbish it, bring in tenants and sell it. The goal would be to break even, not to make profits as in a typical investment.

Click on the following for more details:  New corporation seeks to redevelop area | Daily Chronicle

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