NeighborWorks Capital closed two loans with REACH CDC to help them acquire a new development site in Tigard, OR, and proceed with the development of 78 new affordable apartments for low-income families. NC provided a $1,636,000 acquisition loan for the land purchase, and an additional $500,000 loan to help REACH cover the significant costs incurred getting the project to the start of construction. These were NC’s first two loans to REACH, one of the leading nonprofit developers in Oregon. Learn more about NeighborWorks Capital’s flexible financing solutions and how we can work with you to help you acquire your next property.
Chief of Consulting
The Chief of Consulting (CC) is a member of the senior management team and has overall responsibility for the startup and buildout of a consulting business focused on the affordable housing and community development industry. The CC will need to be an entrepreneur at heart but also be able to work as part of a team. The CC is a critical strategic partner for the Chief Executive Officer (CEO) and will report directly to the CEO.