Loan Capital
For Real Estate Development & Capacity Building
Loan Capital
NeighborWorks Capital supports the high-impact community development projects and growth opportunities of every member of the NeighborWorks network by providing competitively priced, fixed-rate loan capital with flexible terms. As a NeighborWorks organization, you can use these loans for a wide range of needs including property and site acquisition, predevelopment expenses, construction, rehabilitation, refinancing higher cost or maturing debt, and enterprise capital to build capacity or expand your business.
Acquisition
To purchase vacant sites or operating properties that you will transform into high-impact community assets
Construction
Covering the costs of building from the ground up or when you’re doing a major rehabilitation.
Permanent
Longer-term fixed rate loans to assist with buying new properties or refinancing your portfolio
Predevelopment
Short-term, unsecured loans to get your development from the drawing board to groundbreaking
Line of Credit
Flexible and responsive acquisition and construction financing to make your development pipeline move faster without breaking the bank
Enterprise Capital
Working capital loans to invest in new business opportunities to expand your reach and your impact
The Right Loan
To serve the breadth of NeighborWorks organizations well, we have an experienced team of lenders and portfolio managers ready to respond to your project challenges, from the earliest planning for new development to long-term financing for the preservation of affordable homes to capital to support a new business opportunity. Our flexibility comes from our long-term experience lending to the NeighborWorks network, the creativity of our team, and the capital we use to make our loans. Our financing solutions don’t have to fit tightly into narrow boxes; we want to craft a solution that fits you and your needs.
Close on your timeline
Our lending team works to underwrite and close your loan quickly and on your schedule. From your first call through final closing, your loan officer works to meet your needs and keep your project on track.
We consider each funding request with your project goals and deadlines in mind. Your mission is to provide affordable homes that strengthen communities. We understand NeighborWorks organizations, and we’re here to provide funding solutions that meet your needs and fit your timeline.
Achieving your affordable housing and community development goals takes time, perseverance, and responsive funding. We’ll work with you to meet your needs and timeline.
Relevant Reading
In 2024, NeighborWorks Capital launched a new lending program to...