NeighborWorks Capital delivers the flexible capital needed by NeighborWorks America affiliates to provide affordable homes and strengthen communities.
We believe that everyone should have a place that they can proudly call home. To put this vision into action we are intentional and deliberate to creatively deliver flexible capital to NeighborWorks affiliates who are providing affordable homes and strengthening vibrant and diverse communities.
With seed capital from NeighborWorks America in 1994 we began providing affordable loans to the NeighborWorks network in rural communities and expanded nationwide in 2000 to support the growing multifamily pipelines in the network. The network is a diverse array of over 240 non-profit, mission-driven community organizations engaged in affordable housing development, economic development, neighborhood revitalization, and resident and community services in urban, suburban and rural communities across the United States.
Our financing solutions cover critical costs for predevelopment, land and property acquisition, construction, rehabilitation, and preservation. Our financing invests in communities where mainstream financial institutions cannot reach with appropriate products or terms, filling critical resource gaps in communities that result in stronger neighborhoods with new and preserved affordable housing and community facilities.
We are a national non-profit, certified Community Development Financial Institution and rated by Aeris-Insight. We serve NeighborWorks America’s member organizations in all 50 states and the District of Columbia from our office in Silver Spring, Maryland.