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
Heavy rains and flooding from Hurricane Harvey caused an estimated $125 billion in damages in Houston, tying Hurricane Katrina for costliest hurricane. Before the hurricane,
For 44 years, CDC of Brownsville (CDCB) has developed and invested in affordable single-family homes in Brownsville, Texas, which persistently has some of the highest
As many NeighborWorks affiliates work to strengthen their balance sheets and secure greater capital flexibility, demand for enterprise capital is growing. At the Strength Matters
We made a $5.4 million loan to Avenue CDC to preserve affordable apartments in the Northline neighborhood of Houston, TX. NC offered more leverage than
