A first for Puerto Rico
PSI designed and assembled a blended capital stack that brings together federal funding, Community Development Financial Institutions (CDFIs), New Markets Tax Credits, and philanthropic capital into a single coordinated structure, a model not previously implemented at this scale on the island.
Through this effort, PSI has engaged national partners who have either invested for the first time in Puerto Rico or expanded their presence significantly, including institutions within the NMTC and CDFI ecosystem such as Civic Builders, Local Initiatives Support Corporation, Nonprofit Finance Fund, Raza Development Fund, and Capital One, among others.