NeighborWorks Capital purchased a $498,113 participation in an acquisition loan with HOPE Enterprise Corporation (HEC) in September. This loan will assist developer Triangle Development with
NC closed a $300,000 line of credit with Lakes Region Community Developers (LRCD) for predevelopment expenses on new development opportunities. Operating in an area of
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
NeighborWorks Capital closed a $100,000 federal funding interruption bridge loan with Neighborhood Partnership Housing Services, Inc (NPHS) in February 2019. NC’s loan provided NPHS with
NeighborWorks Capital closed a $75,000 federal funding interruption bridge loan with New Directions Housing Corporation in February 2019. Our loan will give New Directions HS
NeighborWorks Capital closed a $400,000 predevelopment loan with Fifth Avenue Committee (FAC) in March 2019. Our loan will give FAC additional funds to complete the
NeighborWorks Capital closed a $650,000 predevelopment/bridge loan with Chinatown CDC in March 2019. Our loan will give Chinatown CDC funds to complete the rehabilitation of
NeighborWorks Capital closed a $3,357,143 participation in a $13.7m New Markets leverage loan for The MET, a major mixed-use redevelopment project in downtown Lexington, KY,
NeighborWorks Capital closed a $580,000 construction loan for Community Housing Development Corp. of North Richmond (CHDC-NR) to build a new home on 43rd Street in
