NeighborWorks Capital recently closed a $500,000 construction line of credit with Total Concept to help ramp up their single-family acquisition/rehab line of business. Working in rural Bent, Crowley, and Otero Counties, Colorado, Total Concept expects to acquire, rehab and sell at least one home per month over the next three years. They’ll serve homebuyers between 80% and 120% AMI and revitalize the aging housing stock of this agricultural area east of Pueblo and Colorado Springs.
NeighborWorks Capital Partners with Climate United to Build National CDFI Channel for Greenhouse Gas Reduction Fund Multifamily Lending
We are thrilled that Climate United has been selected to receive nearly $7 billion of funding from the EPA’s Greenhouse Gas Reduction Fund (GGRF). NeighborWorks Capital is proud to partner with Climate United to build a national CDFI channel for GGRF multifamily lending and to engage in market building to ensure funds reach underserved communities.
