NeighborWorks Capital (NC) is pleased to be selected once again to receive a grant award from the U.S. Treasury’s CDFI Fund. This year NC was awarded $826,905 from their Financial Assistance program. Our primary request for these funds is to expand and leverage capital to provide mezzanine financing to our customers. NC has received over $7 million in capital grants and matching funds used as flexible lending capital to meet pressing housing needs in communities of persistent poverty.
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.