NeighborWorks Capital closed a $1,467,000 permanent loan with Community Action Partnership of North Alabama, Inc. (CAPNA) in May 2020. Our loan assisted CAPNA with purchasing their current office building. CAPNA has occupied their building in Decatur, Alabama since the building was completed in 2003. This purchase will allow CAPNA’s occupancy costs to decrease by approximately thirty percent as they move from renter to owner.
NeighborWorks Capital and National Equity Fund Announce LIHTC Equity Fund to Empower Partner Organizations
The innovative fund, exclusive to members of the NeighborWorks America network, will provide LIHTC equity with equitable, consistent terms, helping create and preserve more affordable housing across the country.