NeighborWorks Capital recently closed a $1,400,000 construction line of credit to Fifth Ward Community Redevelopment Corporation to support their new home development activities in Houston, TX. Fifth Ward will use our loan to build new homes, often in partnership with the Houston Land Bank and the Houston Land Trust, to ensure long-term affordability for low and moderate-income buyers. Fifth Ward expects to build and sell 28 homes over the next three years, ramping back up to their historic levels of production.
Chief of Consulting
The Chief of Consulting (CC) is a member of the senior management team and has overall responsibility for the startup and buildout of a consulting business focused on the affordable housing and community development industry. The CC will need to be an entrepreneur at heart but also be able to work as part of a team. The CC is a critical strategic partner for the Chief Executive Officer (CEO) and will report directly to the CEO.
