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

Purpose Take-out for LIHTC Properties > 20 Units
Loan Amounts $500K - $10 MM
Term Up to 30 Years
LTV Up to 90%
Repayment Monthly Principal & Interest; May have15-year Lockout or Yield Maintenance
Commitment Fee Determined on a Case-by-Case Basis
Applications Fee $2,000
Collateral 1st Lien Security Interest
Debt Service Coverage Determined on a Case-by-Case Basis
Legal Paid by Borrower