NeighborWorks Capital (NC) is pleased to be selected once again to receive a grant award from the U.S. Treasury’s CDFI Fund. This year NC was awarded $826,905 from their Financial Assistance program. Our primary request for these funds is to expand and leverage capital to provide mezzanine financing to our customers. NC has received over $7 million in capital grants and matching funds used as flexible lending capital to meet pressing housing needs in communities of persistent poverty.
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Lakes Region Community Developers | Bay Street Apartments
NeighborWorks Capital is pleased to extend a $673,000 construction-to-permanent loan to Lakes Region Community Developers for Bay Street Apartments.