Rural Neighborhoods (RNI) aims to increase production of affordable housing by 40% in just two years. As a leading provider of homes for migrant and
Gulf Coast Housing Partnership is on track to maintain the momentum that enabled them to develop 4,500 affordable homes and apartments in 15 years. Of
As 10,000 people a day turn 65 in the U.S., the need for affordable senior homes grows. To help St. Mary Development Corp. provide more
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
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 $1,000,000 predevelopment loan with Charlotte-Mecklenburg Housing Partnership, Incorporated (CMHP) in December 2020. The predevelopment loan will assist with the construction of two
There is a great need for affordable senior homes in Sacramento’s mid-town neighborhood, where some of the nation’s highest rent increases have occurred in recent
Dear Friends: As we close out this remarkably challenging year, I am more inspired than ever by the incredible work of our borrowers and the
NeighborWorks Capital closed a $5,126,500 refinance of previous acquisition and predevelopment loans with Asian Americans for Equality (AAFE) in December 2020. The original acquisition and predevelopment
