Senior housing ready to fly

Share This Post

NeighborWorks Capital recently closed a $750,000 land acquisition loan to DreamKey Partners for the purchase of a 5-acre site in the Mineral Springs neighborhood of Charlotte, NC. DreamKey will develop the site with Mallard Creek Senior apartments, up to 107 affordable apartments for seniors, using LIHTC equity, commercial financing, and a loan from the Charlotte Housing Trust Fund.

If you want to learn more about acquisition loans, contact Lanie Wasserman, Senior Loan Officer, at  lwasserman@neighborworkscapital.org.

Subscribe To Our Newsletter

Stay up to date with NeighborWorks Capital

More To Explore

NeighborWorks Capital Partners with Climate United to Build National CDFI Channel for Greenhouse Gas Reduction Fund Multifamily Lending

We are thrilled that Climate United has been selected to receive nearly $7 billion of funding from the EPA’s Greenhouse Gas Reduction Fund (GGRF). NeighborWorks Capital is proud to partner with Climate United to build a national CDFI channel for GGRF multifamily lending and to engage in market building to ensure funds reach underserved communities.

Read More »