Mitigate the impact of the COVID-19 crisis on your organization, your customers, and the communities you serve. NeighborWorks Capital introduces its Stabilization Loan program, which
A new California financing program to support new construction with tax exempt bonds and 4% LIHTC (“super credits”) offers new opportunities for affordable developers like
The rapid changes that all of our organizations are facing are causing a great deal of financial stress. Federal interventions like the SBA Paycheck Protection
NewHeight Redfern is under contract to purchase and redevelop Mercy Hospital, currently a functioning hospital and a major institutional anchor in Portland, Maine. The mixed-use
To provide much-needed affordable housing to seniors in rural Ovid, NY, NeighborWorks Capital provided a $2.4 million acquisition loan and $424,000 unsecured predevelopment loan to
NeighborWorks Capital funded a $500,000 enterprise loan with Avenue Community Development Corporation in March 2020. The loan provided them with additional funds to support their
Dear Friends, I hope that you are all healthy and doing as well as any of us can be in this strange new world. As
CSNDC’s Talbot Commons II development Repeat customer Codman Square Neighborhood Development Corporation (CSNDC) initially requested a $250,000 predevelopment loan for its latest development, which will
We are excited to welcome our new Portfolio Manager, Jarrod Brennet (pictured with his wife and dogs), who joined the team this month after serving
