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Home » News » Permanent

Permanent Financing to Acquire HUD 202 Project

December 24, 2020

NeighborWorks Capital funded a $494,000 permanent loan with Mutual Housing Association of Greater Hartford Incorporated (MHA-GH) in December 2020. This loan will finance the acquisition of

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$2.2 million to help preserve affordable and special needs apartments in Wilmington, DE

October 5, 2020

NeighborWorks Capital is participating in a $1.9 million acquisition loan and a $325,000 predevelopment loan with National Council on Agricultural Life and Labor Research Fund,

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Construction to Permanent Financing Rehabilitates Apartments

September 1, 2020

NeighborWorks Capital funded a $1,316,217 construction to permanent loan with Gulf Coast Housing Partnership (Gulf Coast) in August 2020. Gulf Coast acquired Virginia Meadows with the

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Headquarters purchased for Nonprofit

May 13, 2020

NeighborWorks Capital closed a $1,467,000 permanent loan with Community Action Partnership of North Alabama, Inc. (CAPNA) in May 2020. Our loan assisted CAPNA with purchasing their

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Vacant office building transformed into transitional housing

May 5, 2020

NeighborWorks Capital purchased a $360,000 participation in a permanent loan with National Council on Agricultural Life and Labor Research Fund, Inc (NCALL) for Gaudenzia Foundation

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CCE ground breaking

Groundbreaking for New Senior Apartments in Alabama Will Help Meet Significant Demand

October 8, 2019

To celebrate the groundbreaking for Country Club Estates in Montgomery, AL, community members and financing partners—including NeighborWorks Capital’s Senior Loan Officer Emily Dorfman—joined developers Gulf

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Helping bring addiction resources to the community in Claymont, DE

September 25, 2019

As the opioid epidemic rages on, there is high demand for residential addiction treatment facilities in Delaware. With its 16-bed facility in Wilmington under pressure

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Stewart Pines II- $500,000 mini-perm/permanent loan

April 5, 2019

NeighborWorks Capital closed a $500,000 mini permanent loan with Nevada HAND in December 2018. Our loan allowed Nevada HAND to refinance their mortgage on Stewart

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Helping CDC of Brownsville acquire and preserve much-needed affordable apartments in the nation’s poorest city

December 4, 2018

For 44 years, CDC of Brownsville (CDCB) has developed and invested in affordable single-family homes in Brownsville, Texas, which persistently has some of the highest

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Participation Loan with Coastal Enterprises Improves Housing on Former Naval Base in Maine

August 16, 2018

In our first financing partnership with Coastal Enterprises, Inc. (CEI), a Maine-based CDFI, NC purchased a $500,000 participation in CEI’s $900,000 acquisition loan to Pegasus

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