Our Loan Products Encompass the Following
Secured and unsecured loans. Loan proceeds may be used for a variety of predevelopment costs, including but not limited to project feasibility studies, environmental studies, engineering and architectural work, legal fees, site preparation, appraisals, surveys and application and permitting fees.
Loan proceeds may be used to purchase land and/or existing buildings for affordable housing, mixed use developments and community facilities.
Term loans and lines of credit for new construction, expansion, rehabilitation of affordable housing, community facilities and commercial real estate projects in designated neighborhood revitalization areas including energy efficiency upgrades.
Loan proceeds used for short-term financing needs brought about by timing issues on the receipt of other committed funds on eligible projects.
Amortized loans providing medium term financing term financing for operating properties.