Predevelopment Line of Credit assists with LIHTC projects
NeighborWorks Capital funded a $1,700,000 predevelopment line of credit loan with St. Mary Development Corporation (St. Mary) in December 2020. This loan will be used for
NeighborWorks Capital funded a $1,700,000 predevelopment line of credit loan with St. Mary Development Corporation (St. Mary) in December 2020. This loan will be used for
The 2018 Camp Fire ripped through the town of Paradise, California, in a matter of hours, killing at least 85 people, destroying 95 percent of
The Corporation to Develop Communities of Tampa (CDC of Tampa) helps revitalize and develop single family homes in and around Hillsborough County, Florida. To help
The line of credit’s structure and 50% cash collateral were created by NeighborWorks Capital after talks with this long-standing Oregon-based nonprofit that supports Manufactured Home
NeighborWorks Capital funded a $2,000,000 revolving line of credit with CASA of Oregon in December. This loan will provide CASA with additional capital for their Manufactured
This month, we highlight small, tailored financing solutions NC has funded to help small developments where they are usually difficult to do. While we often
NC’s ability to tailor creative construction loans helps developers meet the specific needs of factory-built homes More than 10 million American households spend more than
The grand opening drew community celebration On June 1, many community members from West Oakland, CA, gathered for the first full-service grocery store opening in
NeighborWorks Capital was a silver sponsor of the Consortium for Housing and Asset Management (CHAM)’s Annual Conference, “Asset Management for Growth,” held June 17-19 in
The organizations NeighborWorks Capital (NC) serves have unique financing needs—particularly when it comes to predevelopment. More and more frequently, organizations are looking to borrow money