Category News

CDVCA Dives Into PRFG 2021 Impact Outcomes with Fund Managers 

After more than two years meeting virtually, CDVCA New York and Puerto Rico-based leadership returned to San Juan to meet in person with managers of the business investment funds CDVCA has invested in through the Puerto Rico Fund for Growth (PRFG), a $45 million fund of funds managed by…

CDVCA Hiring an Analyst

The Analyst’s primary responsibility will be assisting in the management of existing and growinginvestment portfolios. See the Analyst job description by clicking on Get Involved and Opportunities.

CDVCA is pleased to announce our investment in Serionix, a developer and manufacturer of HVAC air filter systems

CDVCA is pleased to announce our investment in Serionix, a developer and manufacturer of innovative HVAC air filter systems. Initially developed for use in space suites and the International Space Station, Serionix’s smart coating technology removes toxic chemicals and odors from the air while simultaneously killing viruses, bacteria and mold, and the filters change color when they need to be replaced. Serionix, is headquartered…

CDVCA is pleased to announce our investment in Modern Mill, Inc., a manufacturer of wood-alternative products

Modern Mill, Inc. is a Fernwood, MS-based manufacturer of a sustainable wood-alternative product (ACRE), an innovative replacement for tropical wood. ACRE is manufactured through a patented process using rice husks, which farmers would otherwise discard, and other proprietary additives. The company provides high quality manufacturing jobs…

Myrna Rivera joins the CDVCA Board of Directors

With more than 35 years in the investment industry, Myrna Rivera brings to CDVCA’s board deep experience with national capital markets and specific understanding of the Puerto Rican finance ecosystem New York, New York – August 12, 2020 – The…

CDVCA awarded $50M from the 2019 New Market Tax Credit allocation.

We are pleased to announce that Community Development Venture Capital Alliance (CDVCA) has received $50 million in New Market Tax Credits (NMTC) allocation to make business investments in underserved communities. The tax credit allocation is part of the highly competitive federal NMTC…

Public comments for New CRA Guidelines due March 9, 2020

The March 9 deadline is fast approaching for members of the public to submit comments to the Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance Corporation (FDIC) regarding proposed changes to the Community Reinvestment Act (CRA)…

CDVCA 18th Peer Group Meeting

The 18th Peer Group meeting has been confirmed for April 1 – 3, 2020 in San Juan Puerto Rico. This is a closed-group meeting of fund managers. Please email cdvca@cdvca.org for further information