NeighborWorks Capital closed a $1,500,000 predevelopment line of credit loan with RUPCO in December 2018. Our loan will give RUPCO additional funds that will be utilized for several projects currently in their pipeline in the Hudson Valley. These projects include Energy Square (under construction), three residential projects, and The Metro, a commercial revitalization to begin construction in 2019 or early 2020.
NeighborWorks Capital and National Equity Fund Announce LIHTC Equity Fund to Empower Partner Organizations
The innovative fund, exclusive to members of the NeighborWorks America network, will provide LIHTC equity with equitable, consistent terms, helping create and preserve more affordable housing across the country.