Our Impact

In 2018 the NeighborWorks Capital Board of Directors adopted a Strategic Plan for 2019-2023 with specific, measurable and aggressive goals.
These include the following organizational and community impacts:
  • Doubling our cumulative lending impact to $600 million
  • Loan capital available by $200 million

In 2021 NeighborWorks Capital’s lending achieved these impacts:
  • Assisted in the creation of 855 and preservation of 172 apartments or homes
  • 87% of the homes are affordable at or below 80% of area median income
  • 53% of homes are in communities with majority minority populations
  • 45% were in rural areas
  • 34% of homes are in low income census tracts

At the end of 2021, the third year of the Strategic Plan, NeighborWorks Capital made progress toward these five year goals:
  • Increased lending impact by $114 million
  • Assisted in the creation of 2,328 and preservation of 1,084 apartments or homes
  • Raised additional loan capital to $155 million
135
NeighborWorks network customers
85%
of NeighborWorks affiliates in the real estate development line of business are NeighborWorks Capital borrowers
388
loans closed in the past 19 years
47
customers serving rural communities
$4.75B
in construction, bridge and permanent financing leveraged
1.15M
square feet of commercial, office, retail, and community space
17,000
Affordable rental homes
93%
of rental apartments financed served families or seniors earning 80% or less of Area Median Income
$375M
of affordable and flexible capital provided
14:1
Leverage
2,800
affordable for-sale homes
43
States and District of Columbia served

Our Lending Impact and Customers by State