About Us
WHO WE Are
NeighborWorks Capital is a national non-profit Community Development Financial Institution (CDFI) serving NeighborWorks organizations that work in all 50 states, the District of Columbia, and Puerto Rico. While we operate independently, we have strategic alignment with NeighborWorks America and work in partnership to advance our shared objectives.
We support NeighborWorks organizations to move their real estate development pipelines forward and increase their capacity to deliver affordable housing and other community development real estate by providing flexible, affordable, and responsive loan products for rental, for sale, and commercial real estate projects as well as organizational-level loans for capacity building and growth. We also serve the network in a variety of other capacities to help bring financial, human, and intellectual capital at scale to under-resourced and marginalized communities and support NeighborWorks organizations to grow their work and impact.
National expertise to advance your most challenging community-based work
Equitable, consistent LIHTC terms for the NeighborWorks Network
Fannie Mae, Freddie Mac, and FHA solutions with low and transparent fees and transaction costs
Maximizing the NeighborWorks Network’s ability to access capital
WHO WE Serve
Since 2000, NeighborWorks Capital has supported the NeighborWorks Network of nearly 250 nonprofit housing and community development organizations across every state, the District of Columbia, and Puerto Rico.
Our WHY
The NeighborWorks America network is a powerful catalyst for locally-driven community advancement. We support their work by connecting human, financial, and intellectual capital to expand economic opportunities and build thriving, resilient communities.
OUR IMPACT
NeighborWorks Capital lends across the country, with 15% of our portfolio in rural areas, ensuring that vulnerable or undercapitalized communities have access to capital.
We have provided over $600 million in funding to support the affordable housing development, economic development, neighborhood revitalization, and resident and community services work of NeighborWorks organizations across the country.
Loan Capital Deployed
Total Leveraged
Affordable Homes
Created or Preserved
Commercial Space
For Community Facilities
Learn more about
Investing & Funding
We connect funders, financial institutions, impact investors, and philanthropic partners with trusted local organizations delivering measurable housing and community impact.
OUR HISTORY
NeighborWorks Capital began with the decision by NeighborWorks America to support its network with early-stage loan capital to initiate local community development projects, initially for rental projects as part of the Multifamily Initiative (MFI). The initial incorporation was a member organization named Neighborhood Capital Corporation (NCC), headquartered in Cleveland. Its board were NWO Executive Directors, and its borrowers were limited to members of the MFI. Upon merger with RNA Community Builders, a NeighborWorks America sponsored rural loan fund in 2007, NCC was rebranded NeighborWorks Capital Corporation and relocated to Silver Spring, MD.
We look forward to hearing from you!
Relevant Reading
Last year, NeighborWorks Capital launched a new long-term initiative to...