NeighborWorks Capital provided People’s Self-Help Housing (PSHH) a $1,275,000 secured and an additional $500,000 unsecured predevelopment loan to develop much-needed affordable multifamily homes in rural
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
Daniela Ogden shares best practices on disaster preparedness, including NeighborWorks America training For the last few years, wildfires have brought chaos and confusion to Northern
The grand opening drew community celebration On June 1, many community members from West Oakland, CA, gathered for the first full-service grocery store opening in
NeighborWorks Capital closed a $650,000 predevelopment loan with Chinatown CDC in September 2018. Our loan will give Chinatown CDC funds to complete the design, engineering,
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 $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 $580,000 construction loan for Community Housing Development Corp. of North Richmond (CHDC-NR) to build a new home on 43rd Street in
NC recently helped ACOF, one of the largest nonprofit affordable housing developers in Los Angeles County, by extending its $2 million acquisition loan and funding
Two NeighborWorks members made significant use of our bridge loan program during January’s government shutdown. For both, the shutdown jeopardized affordable self-help home construction projects
