Impact - NeighborWorks Capital

Our Impact

In 2018 the NeighborWorks Capital Board of Directors adopted a Strategic Plan for 2019-2023 with specific, measurable and aggressive goals.

These include the following organizational and community impacts:

Doubling our cumulative lending impact to $600 million
Loan capital available by $200 million

In 2021 NeighborWorks Capital’s lending achieved these impacts:

Assisted in the creation of 855 and preservation of 172 apartments or homes
87% of the homes are affordable at or below 80% of area median income
53% of homes are in communities with majority minority populations
45% were in rural areas
34% of homes are in low income census tracts

At the end of 2021, the third year of the Strategic Plan, NeighborWorks Capital made progress toward these five year goals:

Increased lending impact by $114 million
Assisted in the creation of 2,328 and preservation of 1,084 apartments or homes
Raised additional loan capital to $155 million

135

NeighborWorks network customers

85%

of NeighborWorks affiliates in the real estate development line of business are NeighborWorks Capital borrowers

388

loans closed in the past 19 years

customers serving rural communities

$4.75B

in construction, bridge and permanent financing leveraged

1.15M

square feet of commercial, office, retail, and community space

17,000

Affordable rental homes

93%

of rental apartments financed served families or seniors earning 80% or less of Area Median Income

$375M

of affordable and flexible capital provided

14:1

Leverage

2,800

affordable for-sale homes

States and District of Columbia served

Our Impact

In 2018 the NeighborWorks Capital Board of Directors adopted a Strategic Plan for 2019-2023 with specific, measurable and aggressive goals.

These include the following organizational and community impacts:

Doubling our cumulative lending impact to $600 million

Loan capital available by $200 million

In 2021 NeighborWorks Capital’s lending achieved these impacts:

Assisted in the creation of 855 and preservation of 172 apartments or homes

87% of the homes are affordable at or below 80% of area median income

53% of homes are in communities with majority minority populations

45% were in rural areas

34% of homes are in low income census tracts

At the end of 2021, the third year of the Strategic Plan, NeighborWorks Capital made progress toward these five year goals:

Increased lending impact by $114 million

Assisted in the creation of 2,328 and preservation of 1,084 apartments or homes

Raised additional loan capital to $155 million

Our Lending Impact and Customers by State

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