• Aigburth Vale Apartments, Towson, Maryland

    St. Ambrose Housing Aid Center, a Baltimore, Maryland, nonprofit, received a $2.1 million loan from

    Aigburth Vale Apartments, Towson, Maryland

    Aigburth Vale Apartments, Towson, Maryland

    St. Ambrose Housing Aid Center, a Baltimore, Maryland, nonprofit, received a $2.1 million loan from Community Housing Capital to support the recapitalization and preservation of Aigburth Vale, a senior, affordable, multifamily project in Towson, Maryland. Situated in 4-story elevator buildings, the property contains 70 one-bedroom units available to senior residents with incomes ranging from 10% to 60% of area median income.

  • Forest Ridge Apartments, Fort Mill, SC

    A $12.15 million acquisition loan from Community Housing Capital (CHC) to Charlotte-Mecklenburg Hous

    Forest Ridge Apartments, Fort Mill, SC

    Forest Ridge Apartments, Fort Mill, SC

    A $12.15 million acquisition loan from Community Housing Capital (CHC) to Charlotte-Mecklenburg Housing Partnership (CMHP) preserves 136 units in Fort Mill, South Carolina. The units will be affordable to residents with income less than 60% of the area median income and saved CMHP approximately $600,000 in capital contributions. Community Housing Capital (CHC) brought a coalition of mission-driven lenders to the table in order to meet the seller’s requirements of an expedited loan commitment and closing. As lead lender, CHC approved a $12.15 million loan that included a $9.35 million participation with Morgan Stanley, and a $1.0 million participation with the National Housing Trust. All parties worked simultaneously to perform due diligence by allocating the necessary resources for underwriting, legal, and closing that all came together and smoothly closed in 35 days.

  • Ethan Allen Apartments, Essex, VT

    Champlain Housing Trust (CHT) financed the acquisition of 31 apartment units in 12 buildings with a

    Ethan Allen Apartments, Essex, VT

    Ethan Allen Apartments, Essex, VT

    Champlain Housing Trust (CHT) financed the acquisition of 31 apartment units in 12 buildings with a $3.7 million acquisition loan from Community Housing Capital. The Ethan Allen Apartments, located in Essex, Vermont are deeply affordable ownership units and CHT’s plan is to renovate and then convert 19 units into affordable, for-sale condominiums available to the current tenants and employees of the University of Vermont and to low- and moderate-income buyers.

  • 39 Low Income Housing Tax Credit (LIHTC) scattered-site homes, Columbus, OH

    Homeport is filling a gap in central Ohio by providing much-needed, high-quality affordable housing,

    39 Low Income Housing Tax Credit (LIHTC) scattered-site homes, Columbus, OH

    39 Low Income Housing Tax Credit (LIHTC) scattered-site homes, Columbus, OH

    Homeport is filling a gap in central Ohio by providing much-needed, high-quality affordable housing, financial education, and social service referrals to low- and moderate-income working households. Homeport is not only building homes, it is preparing people to become successful homeowners. With the latter in mind, CHP partnered with Community Housing Capital to refinance an $800,000 existing mortgage for 39 Low Income Housing Tax Credit (LIHTC) scattered-site homes, earmarked as “lease-to-own,” and within 2 years of its expiring compliance period. Refinancing the mortgage allows CHP to fund required replacement reserves and to make property updates while the homes are sold.

  • Cypress Cove Apartments, Escondido, CA

    Cypress Cove is a 200-unit affordable rental community in Escondido, California, with affordability

    Cypress Cove Apartments, Escondido, CA

    Cypress Cove Apartments, Escondido, CA

    Cypress Cove is a 200-unit affordable rental community in Escondido, California, with affordability restrictions nearing their 15-year expiration. Community HousingWorks (CHW), located in San Diego, California, came to CHC for financing to acquire the property. Acquisition by CHW preserves existing affordable housing for an additional 55 years for renters at or below 60% of area median income and provides CHW’s transformative services to a community of over 400 residents.

  • Parkview Apartments, Newport, VT

    RuralEdge found that some much needed affordable housing in Newport, Vermont, was at risk of losing

    Parkview Apartments, Newport, VT

    Parkview Apartments, Newport, VT

    RuralEdge found that some much needed affordable housing in Newport, Vermont, was at risk of losing its affordability. The Parkview Apartments, 12-unit multifamily building, was facing the expiration of its existing HAP contract. The building had 10 units reserved for residents with incomes at or below 30% of AMI ($13,500 for one person) and two units serving residents at or below 50% of AMI ($22,250 for one person). RuralEdge came to CHC for financing to purchase the building from local owners who were getting ready to retire.

  • Calcasieu Apartments, San Antonio, TX

    The Calcasieu Apartments, in downtown San Antonio, Texas, was at risk of losing its affordability th

    Calcasieu Apartments, San Antonio, TX

    Calcasieu Apartments, San Antonio, TX

    The Calcasieu Apartments, in downtown San Antonio, Texas, was at risk of losing its affordability through sale to a for-profit developer. The Calcasieu Apartments was Alamo’s first downtown property with close proximity to “The Alamo,” a prime location for individuals employed in service-based jobs supporting tourism.  Alamo acquired the property with a $1.9 million, three-year acquisition loan from CHC.

  • Arbors of Hudson, Hudson, WI

    Impact Seven partnered with Community Housing Capital (CHC) to structure a $3.1 million in financing

    Arbors of Hudson, Hudson, WI

    Arbors of Hudson, Hudson, WI

    Impact Seven partnered with Community Housing Capital (CHC) to structure a $3.1 million in financing for their acquisition of the Arbors of Hudson, a 45 unit affordable housing complex in Hudson, Wisconsin. This well-constructed apartment complex had been nicely maintained, but Impact Seven plans to reduce operating costs and stabilize turnover.

  • Avalon Commons, Columbus, WI

    Community Housing Capital’s $826 thousand loan to Impact Seven preserves much needed affordable hous

    Avalon Commons, Columbus, WI

    Avalon Commons, Columbus, WI

    Community Housing Capital’s $826 thousand loan to Impact Seven preserves much needed affordable housing in an area where almost 35% of the population is renter households and market rents for similar units in the area can range from $500-$700 higher than the average $650-$700 rents at Avalon Commons.

  • Arbors of Hudson, Hudson, WI

    Arbors of Hudson, Hudson, WI
  • Meadobrook Apartments, Corning, NY

    Meadowbrook Apartments is a classic example of how, working together, community development organiza

    Meadobrook Apartments, Corning, NY

    Meadobrook Apartments, Corning, NY

    Meadowbrook Apartments is a classic example of how, working together, community development organizations and their financing partners can transform last-resort housing to housing of choice. Arbor Housing and Development, with a $2.75 million acquisition loan from Community Housing Capital, enlarged and rehabilitated the existing run-down units and added 30 additional units, for a total of 100 quality affordable rental units for low-wage earners,  single parents, seniors on fixed incomes and others.

  • Karigan Estates, St. Michaels, AZ

    With a $650,000 land acquisition loan from Community Housing Capital and other financing, Navajo Par

    Karigan Estates, St. Michaels, AZ

    Karigan Estates, St. Michaels, AZ

    With a $650,000 land acquisition loan from Community Housing Capital and other financing, Navajo Partnership for Housing  built 25 single family for-sale homes at St. Michaels, AZ as part of the Karigan Estates development. Prior to the development of Karigan there were few opportunities for members of the Navajo Nation to pursue homeownership without relocating. “Navajo are starting to come home now,” says Eric Schmieder, Vice President of the Board, Navajo Partnership for Housing.

  • Zedakah Senior Housing, Slayton, MN

    Southwest Minnesota Housing Partnership purchased seven properties scattered across rural areas in s

    Zedakah Senior Housing, Slayton, MN

    Zedakah Senior Housing, Slayton, MN

    Southwest Minnesota Housing Partnership purchased seven properties scattered across rural areas in southern and central Minnesota. Originally built by the Zedakah foundation in the 1970s as project-based Section 8, the properties had never been renovated. With a$2.6 million acquisition loan from Community Housing Capital, the purchase included 134 units, the majority of which are designated for seniors.

  • St. Paul's Commons, Bridgeport, CT

    Community Housing Capital’s $6.6 million loan to NeighborWorks New Horizons creates 56 affordable ho

    St. Paul's Commons, Bridgeport, CT

    St. Paul's Commons, Bridgeport, CT

    Community Housing Capital’s $6.6 million loan to NeighborWorks New Horizons creates 56 affordable housing units. St Paul’s Commons, a new construction development, will consist of five buildings on two scattered sites located in Bridgeport, Connecticut.

  • Yarmouth Avenue, Boulder, CO

    Thistle Communities is a leader in developing housing for middle-income people in this high-cost mar

    Yarmouth Avenue, Boulder, CO

    Yarmouth Avenue, Boulder, CO

    Thistle Communities is a leader in developing housing for middle-income people in this high-cost market. A $3 million land acquisition and construction loan from Community Housing Capital supported the development of Thistle Communities Yarmouth Way development, a mixed-income neighborhood consisting of 25 for-sale homes: 10 permanently affordable and 15 market-rate homes.

  • Self-Help; Single Family

    As a single parent raising two children, Debra  volunteered for the CRHDC Self-Help Program that uti

    Self-Help; Single Family

    Self-Help; Single Family

    As a single parent raising two children, Debra  volunteered for the CRHDC Self-Help Program that utilized a mix of qualified contractors and volunteer labor teams of future homeowners to assist in the building process. Through the program, Debra now has a two-bedroom home with fresh new carpeting, linoleum, ample cabinets and appliances.

  • Meadowbrook Apartments, Corning, NY

    Meadowbrook Apartments is a classic example of how, working together, community development organiza

    Meadowbrook Apartments, Corning, NY

    Meadowbrook Apartments, Corning, NY

    Meadowbrook Apartments is a classic example of how, working together, community development organizations and their financing partners can transform last-resort housing to housing of choice. Arbor Housing and Development, with a $2.75 million acquisition loan from Community Housing Capital, enlarged and rehabilitated the existing run-down units and added 30 additional units, for a total of 100 quality affordable rental units for low-wage earners,  single parents, seniors on fixed incomes and others.

  • Karigan Estates, St. Michaels, AZ

    With a $650,000 land acquisition loan from Community Housing Capital and other financing, Navajo Par

    Karigan Estates, St. Michaels, AZ

    Karigan Estates, St. Michaels, AZ

    With a $650,000 land acquisition loan from Community Housing Capital and other financing, Navajo Partnership for Housing  built 25 single family for-sale homes at St. Michaels, AZ as part of the Karigan Estates development. Prior to the development of Karigan there were few opportunities for members of the Navajo Nation to pursue homeownership without relocating. “Navajo are starting to come home now,” says Eric Schmieder, Vice President of the Board, Navajo Partnership for Housing.

  • Darling Inn Senior Apartments, Lyndonville, VT

    Community Housing Capital’s $600,000 loan to Rural Edge was used to finance predevelopment costs for

    Darling Inn Senior Apartments, Lyndonville, VT

    Darling Inn Senior Apartments, Lyndonville, VT

    Community Housing Capital’s $600,000 loan to Rural Edge was used to finance predevelopment costs for the redevelopment of Darling Inn, preserving a 28-unit senior apartment building located in downtown Lyndonville, VT. The facility serves as the center for key supportive services provided by Support and Services at Home (SASH), a Rural Edge program. SASH provides participating seniors with services including living transition, planning chronic care management and care coordination, complete functional assessment, cognitive screening, nutritional and falls assessment, daily check-ins, medication management, family communication and transportation assistance.

  • Governor Prouty Apartments,Lyndonville, VT

    Community Housing Capital provided $900,000 in financing to RuralEdge (formerly Gilman Housing Trust

    Governor Prouty Apartments,Lyndonville, VT

    Governor Prouty Apartments,Lyndonville, VT

    Community Housing Capital provided $900,000 in financing to RuralEdge (formerly Gilman Housing Trust) for the substantial renovation of a 30-year old property to make this subsidized senior housing eligible for new 20-year HAP contract.  The three 2-story buildings on 1.51 acres are located in a mixed use neighborhood that was developed over 100 years ago on the shores of Lake Memphremagog.

  • Woodstock Commons, Woodstock, NY

    Town leaders are very familiar with the quality of RUPCO’s work and selected them to develop a 28-ac

    Woodstock Commons, Woodstock, NY

    Woodstock Commons, Woodstock, NY

    Town leaders are very familiar with the quality of RUPCO’s work and selected them to develop a 28-acre vacant parcel near the business district. RUPCO navigated a ten-year process of local approvals before breaking ground on Woodstock Commons. Opened in January 2013, it was the first new affordable housing in Woodstock in 30 years. CHC provided RUPCO with a revolving line of credit to cover pre-development expenses and bridge financing for new construction of 53 affordable apartments. Twelve units are reserved for working artists, and 20 are reserved for low- and very-low-income seniors. Working families and individuals make up the rest. All residents earn below 60 percent of the area median income; some earn as little as 30 percent.

  • Brandeis Apartments, Louisville, KY

    The Brandeis Apartments are a 50-unit building rehabilitated in 2012 by New Directions Housing Corpo

    Brandeis Apartments, Louisville, KY

    Brandeis Apartments, Louisville, KY

    The Brandeis Apartments are a 50-unit building rehabilitated in 2012 by New Directions Housing Corporation. Brandeis was originally built in 1920 as an elementary school and is listed on the National Register. The apartments underwent a $521,000 renovation and upgrade in 2011/12. CHC’s existing Interim loan was converted to this $600,000 permanent loan in 2014.

  • Vista Verde II Townhomes, Hayden, CO

    This five year mini-perm loan of $410,000 will refinance 20 CRHDC-owned 3 bedroom affordable rental

    Vista Verde II Townhomes, Hayden, CO

    Vista Verde II Townhomes, Hayden, CO

    This five year mini-perm loan of $410,000 will refinance 20 CRHDC-owned 3 bedroom affordable rental housing units that were at risk of converting to market rate, decreasing an already short supply of housing that’s affordable. Community Housing Capital’s financing provided CRHDC with the time to transition the units to home ownership while preserving affordable housing opportunities for local “moderate income” families. Hayden, CO is an extremely rural community with a history dating back to the 1800’s.

  • Callahan Oaks Apartments, Orlando, FL

    Orlando Neighborhood Improvement Corporation’s (ONIC) 40-unit Callahan Oaks apartment complex has pr

    Callahan Oaks Apartments, Orlando, FL

    Callahan Oaks Apartments, Orlando, FL

    Orlando Neighborhood Improvement Corporation’s (ONIC) 40-unit Callahan Oaks apartment complex has provided a stable home for some of the city’s lowest-income residents since 1989. With help from CHC, ONIC was able to rehab and update the units and improve their energy efficiency, which reduced the monthly utility bills of the community's residents.

  • Duck Mill and Union Crossing, Lawrence, MA

    The area served by Lawrence CommunityWorks is poor and has substandard housing. Community Housing Ca

    Duck Mill and Union Crossing, Lawrence, MA

    Duck Mill and Union Crossing, Lawrence, MA

    The area served by Lawrence CommunityWorks is poor and has substandard housing. Community Housing Capital's $1.467 million loan helped Lawrence CommunityWorks convert a 108-year-old building in such a way as to provide 60 affordable units.

  • Yr 16 Conversion

    Thanks to NHS of Greater Cleveland, with $2.5 million of financing from Community Housing Capital, a

    Yr 16 Conversion

    Yr 16 Conversion

    Thanks to NHS of Greater Cleveland, with $2.5 million of financing from Community Housing Capital, a creative program called the Year 16 Lease Purchase Program, 160 lower income renters who have consitently paid their rent on time for two to 15 years will have the opportunity to purchase their homes. In addition to the financial stability and wealth building opportunity these families will gain, the community also will experience greater stability, as these homeowners maintain their homes and remain involved in civic and school issues.

  • Pearls Program, Waco, TX

    NeighborWorks Waco expanded its PEARLS Program (purchase efficient, affordable homes, rehab, lease,

    Pearls Program, Waco, TX

    Pearls Program, Waco, TX

    NeighborWorks Waco expanded its PEARLS Program (purchase efficient, affordable homes, rehab, lease, and sale) with a $1.03 million permanent refinance loan from Community Housing Capital. NeighborWorks Waco purchases foreclosed, vacant, and distressed properties and rehabilates them with the intent to lease to qualified potential homeowners with a purchase option. Community Housing Capital's loan enabled NeighborWorks Waco to refinance existing properties with a longer repayment schedule.

  • Murphey School Senior Apartments, Raleigh, NC

    In 1990 DHIC undertook substantial renovations to repurpose the building and create deeply affordabl

    Murphey School Senior Apartments, Raleigh, NC

    Murphey School Senior Apartments, Raleigh, NC

    In 1990 DHIC undertook substantial renovations to repurpose the building and create deeply affordable housing for low-income seniors. In 2011 DHIC wanted to make additional upgrades to the 48-unit property to keep it a desirable and comfortable place for its residents to live. They obtained a new CHC-financed permanent mortgage to finance the renovations in 2012.

  • Camino Gonzalez and Paseo de Luz Apartments, Oxnard, CA

    With a $2.97 million loan from Community Housing Capital, CEDC was able to design and complete a cam

    Camino Gonzalez and Paseo de Luz Apartments, Oxnard, CA

    Camino Gonzalez and Paseo de Luz Apartments, Oxnard, CA

    With a $2.97 million loan from Community Housing Capital, CEDC was able to design and complete a campus with two properties: Camino Gonzalez, 18 apartments for farm workers and their families; and Paseo de Luz, 25 apartments for formerly homeless people who have mental illnesses.

  • Washington Street Senior Apartments, Kokomo IN

    The Washington Street Senior Residences in Kokomo, Indiana is a 54 unit LIHTC property developed by

    Washington Street Senior Apartments, Kokomo IN

    Washington Street Senior Apartments, Kokomo IN

    The Washington Street Senior Residences in Kokomo, Indiana is a 54 unit LIHTC property developed by St. Mary Development Corp. and the Area Five Agency on Aging with $6.5 million in financing from Community Housing Capital. This facility will provide for in-home meals and nutrition, medical equipment, transportation and healthcare referral along with regularly scheduled activity programs for low-income seniors.

  • Single Family Rehab, Camden, NJ

    St. Joseph's Carpenters Society will use CHC’s $500,000 construction loan to build or rehabilitate s

    Single Family Rehab, Camden, NJ

    Single Family Rehab, Camden, NJ

    St. Joseph's Carpenters Society will use CHC’s $500,000 construction loan to build or rehabilitate single family homes in targeted neighborhoods in Camden, NJ as part of a homeownership strategy designed to help stabilize and improve housing stock and stimulate the local economy.

  • Harvest Rose, Ravenna, OH

    Harvst Rose is a 40-unit affordable active lifestyle community, newly constructed by Neighborhood De

    Harvest Rose, Ravenna, OH

    Harvest Rose, Ravenna, OH

    Harvst Rose is a 40-unit affordable active lifestyle community, newly constructed by Neighborhood Development Services with a $7 million construction loan from Community Housing Capital. Harvest Rose is an age restricted development for residents age 55 or older and has 13 townhome buildings, each having two-to-four units.

  • Belt Line Townhomes and Corona Apartments, Baton Rouge, LA

    The Belt Line Townhomes and the Corona Apartments, located across the street from each other on a th

    Belt Line Townhomes and Corona Apartments, Baton Rouge, LA

    Belt Line Townhomes and Corona Apartments, Baton Rouge, LA

    The Belt Line Townhomes and the Corona Apartments, located across the street from each other on a thoroughfare into downtown Baton Rouge was created as affordable housing by Gulf Coast Housing Partnership . Belt Line is a newly constructed 32-unit rental community of two- and three-bedroom townhomes. Corona is a historic rehabilitation project that involved the adaptive reuse of the first Olinde Furniture store in Baton Rouge as residential units. It has been transformed into 37 units, consisting of 24 one-bedroom and 13 studio apartments, some of which are set aside for the homeless.

  • Terrill Suites, Ravenna, OH

    For years, the 66-unit Terrill Apartment complex in Ravenna, Ohio, provided very low-income renters

    Terrill Suites, Ravenna, OH

    Terrill Suites, Ravenna, OH

    For years, the 66-unit Terrill Apartment complex in Ravenna, Ohio, provided very low-income renters a place to live. Its residents tend to be young families, and subsidized housing is all they know. Asked by the city and township of Ravenna to save this badly needed but poorly maintained complex, Neighborhood Development Services saw an opportunity to not only rehabilitate the physical buildings to preserve this important source of affordable housing, but also to provide skill-building services to prepare its residents for employment and self-sufficiency. With a $5.8 million loan from Community Housing Capital, the units were rehabilitated and continue to provide affordable housing for extremely low-income families that have been living in substandard housing.

  • Gilroy Sobrato Apartments, Gilroy CA

    Gilroy, CA has highest per capita homeless population in the county; out of 45,000-50,000 people, 68

    Gilroy Sobrato Apartments, Gilroy CA

    Gilroy Sobrato Apartments, Gilroy CA

    Gilroy, CA has highest per capita homeless population in the county; out of 45,000-50,000 people, 680 are homeless. With a $2.75 million construction loan from Community Housing Capital, South County Housing built the Gilroy Sobrato Apartments, a  project with 26 studio apartments for chronically homeless individuals.

  • Alexander Place, Gilroy, CA

    South County Housing Corp (SCHC) came to Community Housing Capital (CHC) for a construction loan to

    Alexander Place, Gilroy, CA

    Alexander Place, Gilroy, CA

    South County Housing Corp (SCHC) came to Community Housing Capital (CHC) for a construction loan to complete 8 units of its Alexander Place Townhomes project. In 2012, CHC financed phase two with a $1.8 million loan to build on the remaining foundations and in 2013 CHC provided a $2.75 million loan for final build out of those units, which were completed and sold by the Fall of 2013.

  • Scott School Development, New Orleans, LA

    $2.5 million construction financing provided to Gulf Coast Housing Partnership for conversion of his

    Scott School Development, New Orleans, LA

    Scott School Development, New Orleans, LA

    $2.5 million construction financing provided to Gulf Coast Housing Partnership for conversion of historic building to 60 affordable multifamily rental units for the chronically disabled and those left homeless by hurricane Katrina.

  • Davis Place, Arlington, VA

    When generously gifted with two parcels of land from an anonymous donor, AHC, Inc. embraced the chan

    Davis Place, Arlington, VA

    Davis Place, Arlington, VA

    When generously gifted with two parcels of land from an anonymous donor, AHC, Inc. embraced the chance to construct an affordable multi-unit property with financing from Community Housing Capital. Davis Place is an award-winning, 10-unit condominium building in South Arlington, Virginia.

  • Comite Homes, San Luis, AZ

    By leveraging State Farm's Investment for Families and Communities and CHC loan funds, Comite de Bie

    Comite Homes, San Luis, AZ

    Comite Homes, San Luis, AZ

    By leveraging State Farm's Investment for Families and Communities and CHC loan funds, Comite de Bien Estar was able to make 29 homes available to low income families.

  • Edmundite Homes, New Orleans, LA

    With $1.07 million construction financing, Providence Community Housing developed 10 single family,

    Edmundite Homes, New Orleans, LA

    Edmundite Homes, New Orleans, LA

    With $1.07 million construction financing, Providence Community Housing developed 10 single family, new constrution homes called the Edmundite Homes. The homes were  built for former public housing residents on the site of the demolished Lafitte development destroyed by Hurricane Katrina.

  • Lofts at Hoover, Dayton, OH

    Providing affordable, lasting housing for seniors or low income families drives St. Mary Development

    Lofts at Hoover, Dayton, OH

    Lofts at Hoover, Dayton, OH

    Providing affordable, lasting housing for seniors or low income families drives St. Mary Development Corporation in Dayton, Ohio. Seniors share common amenities and facilities at the Hoover Lofts and Hoover Place with a $464,184 construction loan from Community Housing Capital.

  • French Quarter Apartments, Wichita, KS

    French Quarter Apartments, Wichita, KS

    2014 $525,000

  • Clocktower Apartments, Harrisville, RI

    NeighborWorks®Blackstone River Valley with the town of Harrisville, RI, repurposed an old mill to cr

    Clocktower Apartments, Harrisville, RI

    Clocktower Apartments, Harrisville, RI

    NeighborWorks®Blackstone River Valley with the town of Harrisville, RI, repurposed an old mill to create 52 senior apartments, a library, a new town common and river walk and bikeway. With a $1 million bridge loan from Community Housing Capital, the Clocktower now hosts 47 affordably priced apartments.

  • Zedakah Senior Housing, Slayton, MN

    Southwest Minnesota Housing Partnership purchased seven properties scattered across rural areas in s

    Zedakah Senior Housing, Slayton, MN

    Zedakah Senior Housing, Slayton, MN

    Southwest Minnesota Housing Partnership purchased seven properties scattered across rural areas in southern and central Minnesota. Originally built by the Zedakah foundation in the 1970s as project-based Section 8, the properties had never been renovated. With a$2.6 million acquisition loan from Community Housing Capital, the purchase included 134 units, the majority of which are designated for seniors.

  • St. Paul's Commons, Bridgeport, CT

    Community Housing Capital’s $6.6 million loan to NeighborWorks New Horizons creates 56 affordable ho

    St. Paul's Commons, Bridgeport, CT

    St. Paul's Commons, Bridgeport, CT

    Community Housing Capital’s $6.6 million loan to NeighborWorks New Horizons creates 56 affordable housing units. St Paul’s Commons, a new construction development, will consist of five buildings on two scattered sites located in Bridgeport, Connecticut.

  • Auburn Pointe Apartments, Newport News, VA

    CPDC came to Community Housing Capital (CHC) with an opportunity to recapitalize the Auburn Pointe A

    Auburn Pointe Apartments, Newport News, VA

    Auburn Pointe Apartments, Newport News, VA

    CPDC came to Community Housing Capital (CHC) with an opportunity to recapitalize the Auburn Pointe Apartments, which were in year 17 of its tax compliance period, with an  $11 million acquisition loan. Continuing CHC’s desire to originate the larger loans that many NeighborWorks® organizations need, CHC worked with one of its long-standing participation partners, Morgan Stanley Bank, to structure a loan participation that allowed CPDC to preserve 274 units for low- and moderate-income individuals and families.

  • 36 Oak Development, Boise, ID

    NHS Boise in Idaho came to Community Housing Capital (CHC) to finance the $985,000 acquisition of a

    36 Oak Development, Boise, ID

    36 Oak Development, Boise, ID

    NHS Boise in Idaho came to Community Housing Capital (CHC) to finance the $985,000 acquisition of a subdivision parcel that will become a new, 24-home, close-knit neighborhood called 36 Oak. The loan is part of a $3.1 million land acquisition loan for four compact subdivisions and provides construction financing on a phased basis.

  • Single Family Rehab, Newark, NJ

    CHC loaned $5 million to the Community Asset Preservation Corporation (CAPC) to help put vacant, for

    Single Family Rehab, Newark, NJ

    Single Family Rehab, Newark, NJ

    CHC loaned $5 million to the Community Asset Preservation Corporation (CAPC) to help put vacant, foreclosed properties in Newark New Jersey back into productive reuse. CHC's loan will revolve at least two times over a three-year period to transform 125 vacant, abandoned or foreclosed units per year. CAPC works primarily in Northern and Central New Jersey’s urban areas where the area median income is $89,100 but their groups tend to work in communities with income ranges in the low- to mid-forties.

  • Single Family Rehab

    In July 2010 an NHSSF-led coalition received funds from HUD’s Neighborhood Stabilization Program (NS

    Single Family Rehab

    Single Family Rehab

    In July 2010 an NHSSF-led coalition received funds from HUD’s Neighborhood Stabilization Program (NSP) to purchase, renovate and sell foreclosed properties. Their strategy included a mix of new construction combined with transforming structurally sound but seriously deteriorating vacant homes into well-renovated homeownership opportunities to make the neighborhood competitive again. In 2013, Community Housing Capital (CHC) provided $1.5 million acquisition financing to allow NHSSF to leverage the NSP funds.

  • Bexhill Condominiums, Washington D.C.

    The Ivy City community in Washington, D.C., is one of the most distressed neighborhoods in the natio

    Bexhill Condominiums, Washington D.C.

    Bexhill Condominiums, Washington D.C.

    The Ivy City community in Washington, D.C., is one of the most distressed neighborhoods in the nation’s capital. Manna, Inc.'s Bexhill Condominium development are available to those earning 50 percent and 80 percent of the area median income.

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