NeighborWorks Capital’s Flexibility Helps ACOF Provide Affordable Homes for Families and Individuals with Special Needs
NC recently helped ACOF, one of the largest nonprofit affordable housing developers in Los Angeles County, by extending its $2 million acquisition loan and funding $500,000 in new predevelopment financing.
Helping develop affordable housing in high demand in Central California
Peoples’ Self-Help Housing (PSHH) came to us for the first time with back-to-back projects in tough markets, one urban and one rural/agricultural.
Fast turnaround provides much-needed inventory of affordable homes in Boulder, CO
Find out how we helped them with a $3.15 million acquisition loan.
Hill Manor- $498,113 participation in an acquisition loan
Updating affordable apartments in Mississippi
Golden Estates- $362,264 acquisition loan
Golden Estates gets a golden upgrade
Participation in Acquisition Loan with HEC
Updating apartments in Mississippi
NC thinks outside-the-box to quickly increase EBALDC’s acquisition and predevelopment line of credit
Tailored, flexible solutions help EBALDC meet skyrocketing cost, demand in one of the most expensive markets
Acquisition and predevelopment loan funds cleanup and conversion of former Rhode Island factory
Our $600,000 loan helped NWBRV purchase a historic factory out of bankruptcy. The site will have extensive environmental clean-up, protecting the adjacent Branch River. The loan, our third to NWBRV, supports their ongoing efforts to revitalize the historic towns of the Blackstone River Valley.
Unique Financing Solution Provides Homes for Vulnerable Populations in Colorado
We reconnected with customer Rocky Mountain Communities (RMC) to finance a unique, two-part $3.25 million acquisition and predevelopment loan for two widely separate projects.
Participation Loan with Coastal Enterprises Improves Housing on Former Naval Base in Maine
Our first financing partnership with Coastal Enterprises, Inc. (CEI) is a participation for an acquisition of Brunswick Landing in Maine.