Our Strategic Partners

NeighborWorks Capital forges strategic partnerships with social investors, regional and national banks, foundations and other community development financial institutions to expand and leverage our loan capital. Investments made into our loan fund help us offer greater flexibility to our borrowers. These investors and lending partners are listed below.

Investors

Ally Bank invested $10 million to be used in the West.

Atlantic Union Bank committed $3 million to NeighborWorks Capital to be used in the Mid-Atlantic states.

Bank of America has invested $12 million as a fixed rate term loan. This long-term investment allows us to provide longer-term loans for multifamily preservation.

BBVA (now PNC) provided a $2 million EQ2 investment in 2020 to be used in the Southern Region.

Capital One provided a three-year, low-cost loan of $1.5 million to support NeighborWorks Capital’s affordable housing loan program.

Charles Schwab Bank is our largest investor with an investment of $15 million and a commitment to fund $25MM for up to 15-year permanent loan maturities.

JP Morgan Chase Bank has committed a $10 million line of credit to expand our national lending program.

Deutsche Bank renewed and expanded its lines of credit to $7 million line of credit for our interim and mini-perm lending program.

Opportunity Finance Network provided a Financial Justice Fund award that includes a $5 million, 10-year loan and $125,000 grant to support organizations serving Black, Latinx, Indigenous, and rural communities.

HSBC Bank invested $3 million to support our lending in HSBC’s market areas in the Northeast.

The Kresge Foundation invested $5 million to launch and capitalize the “Strategic Growth Fund” which offered low-cost, longer-term capital to NWOs to sustain and grow their business operations.

Morgan Stanley has committed a $10 million line of credit for our multifamily acquisition, construction and mini-perm lending program.

NeighborWorks America our largest investor relationship, has provided over $43 million of permanent equity capital and provided operating support allowing us to leverage investments from financial institutions, social investors and foundations.

PNC Bank invested $4 million in support of our lending in their market areas in the Mid-Atlantic and midwestern sections of the country with an additional $3.5MM committed for additional use.

Since 2010 TD Bank has invested $7.5 million at below-market terms in support of our lending in their Northeast, Mid-Atlantic, and Southern markets.

Truist provides a $5 million line of credit for our lending program in its market area.

US Bank is one of our largest investors with a commitment of $13 million with over $5MM deployed.

The US Department of Treasury’s CDFI Fund has awarded NC seven grant awards totaling over $6.8 million including FA, Rapid Response and Capital Magnet and $1.95 million in low interest rate long-term fixed rate loans. The grants represent permanent, unrestricted capital that will be used to further capitalize the loan fund and provide important leverage to raise debt capital.

Wells Fargo provided $2 million in Patient Capital for ten years and a $10 million four-year line of credit for our interim and mini-perm lending program.

Lending Partners

Get In Touch

Loans@neighborworkscapital.org
Tel: (240) 821-1651
8484 Georgia Ave. Ste 330
Silver Spring, MD 20910

Hours: Mon-Fri 8am-6pm

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