SCORE-CDE is a Community Development Entity (CDE) based in Chicago, IL, supported by McCaffery, a real estate firm. They provide capital to qualifying businesses and projects in distressed low-income areas in Illinois and Indiana through the use of New Markets Tax Credits (NMTCs), aiming to create opportunities and foster smart growth in urban neighborhoods.
Since its establishment in 2013, SCORE has invested $185 million of NMTC allocation to fund 24 projects, resulting in the creation of quality living-wage jobs, access to fresh affordable food, healthcare services, childcare and education, and critical community services for low-income individuals.
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