Funders & Investors

Whether you are seeking proven impact across an entire region or in a single neighborhood, NeighborWorks Capital is uniquely positioned to help you meet your goals. As a CDFI serving the NeighborWorks network, we can deploy funds to highly capable resident-led organizations working on the ground in communities across the country.

Matt Glatting

Chief Financial Officer

(240) 821-1651

Laura Altomare

Chief Growth Officer

(240) 821-1651

OUR PARTNERS

NeighborWorks Capital investment and funding partners share our vision of a more equitable capital landscape and work with us to empower community-based and community-driven initiatives. We provide an efficient and responsible avenue for our partners to reach more broadly and deeply to improve the lives of families in diverse communities across the country. We work with a range of partners, including banks and other community development financial institutions, impact investors, foundations, and other philanthropic entities:

Funders & Investors

Ally Bank invested $10 million to be deployed in the Western Region.

Atlantic Union Bank committed $3 million to be deployed in the Mid-Atlantic states.

Bank of America invested $12 million in a fixed rate longer-term loan for multifamily preservation.

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

Capital One provided a three-year, low-cost loan of $1.5 million to support our 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 committed a $10 million line of credit to expand our national lending program.

Deutsche Bank renewed and expanded its line of credit to $7 million 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 committed a $10 million line of credit for our multifamily acquisition, construction and mini-perm lending program.

NeighborWorks America 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 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 provided 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 CDFI Fund has awarded over $6.8 million in grants including FA, Rapid Response and Capital Magnet and $1.95 million in low interest, long-term, fixed rate loans. This permanent, unrestricted capital further capitalizes our loan fund and provides important leverage to raise debt capital.

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

Improving the lives of families in diverse communities across the country

NeighborWorks America comprises nearly 250 strong, capable nonprofit housing and community development organizations. One or more of these organizations are likely driving positive community change in your area today.

NeighborWorks America network organizations are effective because they are resident-led, centered around equity, and truly representative of their community’s goals. Many are working in smaller urban, rural, and Native communities that other nationally focused organizations don’t reach.

Collectively, NeighborWorks organizations are one of the largest producers of affordable housing in the country. In 2023, they produced more affordable multifamily units than the top ten for-profit developers combined. In total, they own or manage 204,000 affordable rental housing units and have housed over 330,000 low-income individuals and families. They have created over 18,000 homeowners and have made over $10 billion in community investments.

NeighborWorks organizations are:

Nationwide, working in all 50 states, DC and Puerto Rico
Locally driven. These nonprofits grew out of the communities they serve. Local voices are included and valued. At least one-third of board members are residents.
Operating in communities that are often overlooked or underserved.
At the forefront of efforts to achieve justice, equity, and inclusion for decades.
Drivers of affordable housing production: Collectively, they are one of the largest producers of single-family and multifamily housing in the country.
Innovators. Not only are they a large producer of housing, but they also undertaking challenging developments.

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A Strong Investment

S&P Global Ratings, the world’s leading provider of independent credit ratings, assigned NeighborWorks Capital its first-ever issuer credit rating of “A+/Positive.” S&P Global noted several compelling indicators that guided its strong rating, including our financial strength with an above-average net-equity-to-assets ratio, profitability with an above-average net interest margin, adequate liquidity, and a strong management team and board members. View the announcement.

NeighborWorks Capital has been Aeris-rated since 2011 and currently has a three-star Impact Management rating, showing strong alignment of our impact mission, strategies, activities, and data that guide our lending, programs, and planning. We also have an AA- Financial Strength and Performance Rating, demonstrating very strong financial performance and risk management practices.

NeighborWorks Capital is a member of the Federal Home Loan Bank of Atlanta, a cooperative of eligible commercial banks, credit unions, savings institutions, community development financial institutions (CDFIs), and insurance companies that offers competitively-priced financing, as well as affordable housing and community development grants. This membership enables us to access stable, reliable, and low-cost funding and other banking services to further support the needs of our customers, pursue advances, and broaden our liquidity management tools.

NeighborWorks Capital is a national non-profit, certified CDFI. We have consistently achieved an annual positive change in net assets, currently over $60 million, and since our inception, have deployed over $500 million in loan capital to NeighborWorks network organizations. To learn more about NeighborWorks Capital, you can review our audited financial statements and reports on our Reports & Audits page.

HIGH IMPACT

As a CDFI serving the NeighborWorks network, we deploy funds to highly capable organizations working in communities across the country. Our unique position as a lender to this network provides a simple and straightforward way for you to achieve your desired impact through the premier nationwide network of community-based organizations.

Our financial and operational strength, coupled with NeighborWorks America’s structure for support, accountability, and demonstrated effectiveness, offers a direct path for partners to move money efficiently and responsibly at scale into often-overlooked communities, and achieve the highest impact from every dollar of support.

NeighborWorks Capital has deployed over $500 million in loan capital to support the affordable housing development, economic development, neighborhood revitalization, and resident and community services work of NeighborWorks network organizations across the United States.

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Your Support

Makes the greatest impact with national scale that’s locally driven.

Our NeighborWorks America customer base gives us the ability to deploy funds at a financial and geographic scale that far exceeds other opportunities.

Helps create more equitable and inclusive community engagement.

Unlike many community development approaches that impose solutions from the outside, our NeighborWorks network customer base uses a community-first approach driven by the voices and aspirations of local residents. This helps to break down barriers and empower local resident leadership.

Reaches the hard-to-reach places where they’re needed most.

Unlike other national intermediaries that primarily serve large metro areas, we can help you reach urban, suburban, rural, and Native communities. With us, your funds get to the often-overlooked communities and to the people who are working for equity and inclusion in their own neighborhoods.

Works as hard as the people they serve.

Funds can support a wide variety of affordable housing and community development initiatives, allowing us to target your support to achieve any number of purposes.