A National Community Development Financial Institution (CDFI)Flexible Loan Capital Customized to Create Affordable Housing

Purpose Short-term Funds to Bridge Timing of Committed Subsidy or Long-term Financing
Loan Amounts Up to $15 MM
Term Up to 36 months
LTV Up to 90%
Repayment Monthly Interest Only
Commitment Fee Determined on a Case-by-Case Basis
Application Fee $2,000
Collateral 1st Lien Security Interest
Legal Paid by Borrower