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

Multifamily Construction Single Family Construction (Revolving)
Purpose New Construction and Rehab of Multifamily Properties New Construction and Rehab of Single Family Scattered-site and Sub-division
Loan Amounts Up to $15 MM Up to $10 MM
Term Up to 36 months Up to 36 months
LTV Up to 95% with Subsidy in Place Up to 85%
Repayment Monthly Interest Only Monthly Interest Only
Commitment Fee Determined on a Case-by-Case Basis Determined on a Case-by-Case Basis
Application Fee $2,000 $2,000
Collateral 1st Lien Security Interest 1st Lien Security Interest
Legal Paid by Borrower Paid by Borrower