Community Vision Provides $7.3 Million in Acquisition Financing to Community Media Arts, Inc. for Historic Warfield Building in San Francisco’s Mid-Market Area
This strategic financing will enable the creation of a community-centered hub for independent journalism, media, arts, and nonprofit organizations, marking a significant step in revitalizing the neighborhood and strengthening the cultural fabric of San Francisco.
Clearwater Place
For over a century, Clearwater Place has stood on Monroe Avenue in Grand Rapids, Michigan. Originally the City of Grand Rapids’ Drinking Water Filtration Plant, the towering red brick building was constructed in 1912 by George Warren Fuller, the gentleman responsible for instituting the modern drinking water sanitation system in our country…
Bicycle Factory
The Bicycle Factory is a mixed-use historic redevelopment of a former three-story manufacturing building consisting of 12,000 square feet of retail facilities and 21 residential units located in 27,000 square feet of residential facilities. 76 prepaid parking spaces were obtained from an adjacent property owner. The development represents the beginning of further investments along Front…
Community Vision Finances $3.4 Million Loan for Integrity Community Solutions’ Acquisition and Revitalization of Manufactured Home and RV Community in Columbia, CA
The loan facilitated ICS’s acquisition of the 84-site manufactured home and RV community in Columbia, Tuolumne County, California, supporting the retention of 54 affordable homes with planned growth to include 38 more.
500 Block
This urban redevelopment project is a showcase project in downtown Flint’s revitalization efforts. The 500 Block Development transforms three historic buildings built between 1880 and 1920 into one mixed-use building with a new corporate headquarters for Rowe Incorporated, a new restaurant, entertainment complex, and a parking structure. Additionally, the fourth floor contains eight loft apartments,…
35 Oaks
Located in the heart of Grand Rapids’ entertainment district, Blue35 is an innovative space designed to foster collaboration, inspiration, and results. The neighborhood is near Grid 70, a nationally acclaimed ideation hub for design and innovation. The neighborhood is highly walkable and features nearby coffee shops, restaurants, and other downtown businesses. Blue35 is home to…
Midtown Cityzen
In 2018, Michigan Community Capital acquired majority ownership of Midtown Cityzen – a mixed-used development.
Bridge Street Lofts
In 2020, MCC acquired majority ownership of Bridge Street Lofts, a mixed-use development at 449 Bridge Street in Grand Rapids, Michigan.
Wrigley Center
Michigan Community Capital provided New Market Tax Credits to The Wrigley Center in Port Huron, supporting their renovation and expansion project in 2020.
Kroger Fulfillment Center
Michigan Community Capital provided a $13.75-million New Markets Tax Credit investment to a new Kroger Automated Fulfillment Center in 2020. The project involved the new construction and equipping of a 135,000-square-foot grocery delivery fulfillment center in Romulus, Michigan.
Studio One
In March 2007, the developer broke ground on the Studio One Apartments project on the former site of the Vernors plant. The five-story building features 128 one- and two-bedroom apartments and 30,000 square feet of retail. It was the first major market-rate residential project in Detroit in more than 30 years and was the university’s…
Seidman Center
The project replaced an old, functionally obsolete building and involved the construction of a new, multistory 127,643 square foot LEED Gold building for the expansion of the various community and business outreach services and the college of business at Grand Valley State University. This project provided the needed stimulus for further development south of Fulton…
Laken Arneson
Owner of Isadorra in Bellevue, Washington
Ebony Young
Owner of PinPoint Bookkeeping, LLC in Cincinnati, Ohio
Owner of Dr. Shica’s Bakery in Los Angeles, California
Owner of Dr. Shica’s Bakery in Los Angeles, California
Piper Dominguez
Owner for Piper Dominguez Coaching in Santa Monica, California
Anita Dooley-Barker
Owner of Healdsburg Express in Healdsburg, California
Tavares James
Founder of Lifeline Education Connection in Charlotte, North Carolina
Deidre Sanders
Owner of Sanders Academy for Excellence (SAFE) in Waco, Texas
Margo Jordan
Owner of Enrichly in Houston, Texas
Tom and Karen Cybull
Owners of Patti Ann’s Flowers in Frisco, Texas
Dr. Sonya Ashley
Owner of Juniper Health & Wellness in Killeen, Texas
Couple Shares Joy of Home Ownership
One of the greatest services Greater Kansas City LISC provides is offering loans to build and renovate affordable homes in some of the city’s most underserved neighborhoods. We always love to meet some of these new homeowners as they start exciting new chapters in their lives.
New Homes Bring Hope to 39th Street Corridor
Many east side residents were saddened when a fire destroyed the former Horace Mann Elementary School seven years ago. The school, which closed in 1979, had a long and rich legacy of educating generations of students.
Home Repair in Jackson County
Minor home repair is a critical but often overlooked means to combat displacement, maintain a home’s value that can be passed on next generation, ensure a safe and healthy living environment, reduce utility bills, preserve a home’s valuable and often historic building materials, and more.
KC Predevelopment Fund
LISC Greater Kansas City, one of the nation’s largest Community Development Financial Institutions (CDFI), in partnership with the Ewing Marion Kauffman Foundation, the Hall Family Foundation, and the City of Kansas City, Missouri, has established a $4 million Catalytic Urban Predevelopment Fund to provide low-interest, flexible predevelopment loans for projects in the urban core of…
Tamara Gipson
Owner of TT Innovative Solutions in Houston, Texas
Loren Guillory
Owner of First Stream Cleaning Service; Allen & Allen Transport in Dallas, Texas
Kourtni Phillips
Owner of BBQ City in Houma, Louisiana
Founder of Indie Is The New Major in Kansas City, Kansas
As a serial entrepreneur and self-proclaimed “vibrant innovator,” Talena Acon melds her passions and expertise through Indie Is The New Major, her music administration company. Talena produces, markets, and manages emerging creatives within her small business. She also serves as a songwriter and recording artist, using Indie Is The New Major to oversee the business…
Ocean & Sea expands clothing line with ARTcap
Brendan and Amanda O’Shaughnessy were engulfed with full-time jobs when they started Ocean & Sea, a creative studio specializing in products, design, branding and marketing. They needed a buoy, and got one from AltCap, so they could expand the business to what it is today.
AltCap Borrower Leans On Relief Funding To Stay Afloat
Yogurtini’s Isaac Collins reflects on the importance of community support
Monarch Conservatory transforms abandoned Blue Springs car wash into dance studio
With the help of two AltCap loans over five years, the Monarch Conservatory recently expanded its arts business into a 7,000-square-foot studio space in Blue Springs, Missouri.
Historic El Torreon Continues 96-year Evolution with Redevelopment
The redevelopment of El Torreon represents a partnership to bring new life to a historic music and community venue that will serve Kansas City for generations to come.
Defying Doubters: How a Determined 24-Year-Old Built His Dream Gym in Springfield
Brenden Coker encountered plenty of skeptics en route to launching his first business. The roadblocks, however, only strengthened Coker’s entrepreneurial resolve to start Gymnetix, a gym based in Springfield, Missouri.
From Health Crisis to Startup: How Eve Beverage’s Founder Turned Adversity into Inspiration
Janae’ Barnett’s mother was diagnosed with breast cancer in 2017, which served as the spark to her launching Eve , a functional beverage company that hopes to inspire healthy lifestyles.
Education Depot
Education Depot of Washington Pointe, Inc., is a new child care and educational facility on the eastside of Indianapolis. They focus on providing innovative, quality childcare that is affordable and safe. They want to help children have a great start to life by teaching them “success” skills that can be learned at an early age.…
Big Dreamz lil stepz
Big Dreamz Lil Stepz is an existing home-childcare company formed in 2014. CIFI financing enabled her to expand their services to the eastside of Indianapolis.
Kelly’s Story
Long-time renter Kelly wanted to be a homeowner but wondered if her student loan debt would be a barrier.
Bonnie’s Story
Bonnie was impressed with INHP’s professionalism and service when she needed to replace her siding.
Nick and Katherine’s Story
Nick and Katherine used INHP tools to help them buy a rehabbed home in the near east side of Indianapolis.
Michael and Dawn’s Story
Michael and Dawn never thought of themselves as homeowners, simply because they weren’t introduced to the concept of homeownership growing up.
Flagship Enterprise Capital
Flagship Capital is a nonprofit certified CDFI helping Indiana entrepreneurs with fast, fair, and affordable capital. We provide financial support to underserved Indiana businesses, helping them overcome barriers to success and drive economic growth.
Community Loan Center of Northeast Indiana
Operated by the Brightpoint Development Fund, the Community Loan Center (CLC) of Northeast Indiana is an employer-based, affordable, small-dollar loan program that competes directly with payday lenders by offering affordable credit and a structure to support repayment. The CLC helps borrowers meet current and ongoing financial obligations and achieve security in their financial future.
Heartland Environmental Associates
Heartland Environmental Associates, Inc. is a full-service environmental consulting firm, and its professional staff has a combined experience of over 60 years in environmental consulting. This experience provides Heartland with the tools necessary to give our clients a complete and professional job that will stand up to the rigors of governmental examination. Heartland strives to…
Indy nonprofit to build 92 homes on vacant lots in South Bend for mix of incomes
Buyers will have access to affordable loans through Edge Fund, an Intend Indiana subsidiary. Intend Indiana CEO Steven Meyer said the partners will also think about ways to expand the project, perhaps through educational classes.
Ash & Elm Cider Company
Started in the summer of 2014, Ash & Elm Cider Company moved into its first permanent home located on the near-eastside of Indianapolis in 2016. Ash & Elm strives to make quality ciders using apples from around the Midwest and help cultivate the market for craft cider in Indianapolis. The husband and wife owners, Aaron…
FGN Fitness
Owning her own space for a gym was Tiffany Wheatley’s life dream for 28 years. The Build Fund helped do just that so she could acquire and rehabilitate her site on Bates Street in Fountain Square. FGN Fitness is 100% woman-owned, offering weekly boot camps and personal training. Tiffany hopes to eventually offer much more;…
Zion Crossing Predevelopment | MHAGH
NeighborWorks Capital is pleased to extend an $882,400 predevelopment loan to Mutual Housing Association of Greater Hartford for Zion Crossing, a proposed 95-unit scattered site affordable apartment development located in Hartford, CT. Zion Crossing will include units in 22 existing buildings within a ½ mile radius. Brick Hollow Apartments is a 50-unit apartment complex, Zion…
The Pink Waffle
Roux Kehoe serves Maine by providing incredible waffle-themed culinary…
Millrace Kitchen
NeighborWorks Blackstone River Valley, which serves northern Rhode Island, requested a $750,000 loan to leverage other funding sources to create a mixed-use development with residential and commercial office space in Warren’s Island Place Historic District. The Millrace Kitchen & Event Space is named after the property’s history as a series of former mill buildings, the…
Quaker Arts building
$2.2 million to help preserve affordable and special needs apartments in Wilmington, DE
New Kensington CDC
New Kensington Community Development Corporation (NKCDC) is a community-driven, trauma-informed, and equity-focused nonprofit. They provide real estate development, housing counseling, small business assistance, corridor cleaning, workforce development, nutrition education, and community health resources to residents and businesses across the Kensington, Port Richmond, and Fishtown neighborhoods of Philadelphia, PA.
RuralEdge Helps Vulnerable Communities Weather Multiple Crises
Many areas are experiencing housing shortages right now, but few are as challenged as northeast Vermont, known as the Northeast Kingdom. A search for short-term or rental housing turns up nothing. No affordable housing, no market housing. Nothing.
Prospect House | Neighborhood Development Services
Neighborhood Development Services (NDS) recently closed a $752,482 permanent loan with NeighborWorks Capital for Prospect House in Ravenna, OH. By refinancing at an affordable interest rate, NDS will be able to keep 66 apartments affordable for low- and very low-income seniors. NDS purchased and rehabilitated the property in 2007 using LIHTC equity and state/local subsidy…
Revitalizing Neighborhoods and Providing Senior Housing in Charlotte
Based in Charlotte, North Carolina, DreamKey Partners has a 33-year history of adapting to serve the changing needs of their community. After neighborhoods were demolished during the so-called “urban renewal” of the late 1960s, DreamKey provided the necessary revitalization work to successfully rebuild neighborhoods. The work continues today with its largest development – Brightwalk, a…
RUPCO Helps Address Housing Shortages in Hudson River Valley
Ulster County, New York, had the largest rise in home prices in the U.S. during the pandemic. It’s the latest development in a trend that has eroded affordable housing in the area for decades.
Nevada Hand | Serene Pines
NeighborWorks Capital is pleased to extend a $6,000,000 acquisition loan in participation with NewWest Community Capital to Nevada Hand.
New North Canal Predevelopment Line of Credit | Coalition for a Better Acre
NeighborWorks Capital is pleased to extend a $500,000 predevelopment line of credit increase to Coalition for a Better Acre for the New North Canal project, bringing the total line of credit to $1,500,000. Funds will be used for predevelopment costs for New North Canal, one of the largest affordable rental developments in Lowell, MA, with…
Ribbon Row | Mutual Housing
Congratulations to Mutual Housing Association of Greater Hartford, Inc. (MHAGH) on the grand opening of Ribbon Row Mutual Housing. Along with preserving 88 units of affordable housing, Ribbon Row is also a historic preservation project that blends energy efficiency improvements to reduce utility costs and improve sustainability. It is a transit-oriented development within walking distance of bus…
The Heart and Soul of Affordable Housing in Boulder County, CO
Founded in 1985, Thistle Community Housing (Thistle) is a non-profit organization that develops, manages, and preserves quality, permanently affordable rental and ownership homes for moderate and lower-income individuals and families in Boulder and the surrounding areas.
People’s Self-Help Housing
$1.7 Million in Acquisition Loans Will Help Provide Affordable Homes in Rural Santa Barbara County
Mutual Housing California | Mutual on the Boulevard
NeighborWorks Capital is pleased to extend a $1,000,000 permanent loan to Mutual Housing California for Mutual on the Boulevard, a newly constructed 127-unit affordable multifamily project in Sacramento, CA.
River Garden Apartments | Rural Communities Housing Development Corporation
Rural Communities Housing Development Corporation (RCHDC) recently closed on a $791,900 mini-perm loan with NeighborWorks Capital for River Garden Apartments in Fort Bragg, CA.
Shred Electric
Nick Planson has spent years honing his knowledge and skills in both the…
Nautical Farms
While some view seaweed as a nuisance, Nautical Farms understands…
Selene’s Fly Shop
Selene’s Fly Shop provides Maine with high quality gear and education in…
Taylor Tots
Miranda Taylor turned her experience as an Ed Tech III/School-Based…
Melissa’s Child Care Success Story: Growing Minds Early Learning Center
Running a childcare center goes way beyond business—it’s about nurturing young minds and giving parents peace of mind. At Growing Minds Early Learning…
Fifth Ward CRC Expands Single-Family Homeownership in Houston
After the back-to-back challenges of Hurricane Harvey, the COVID pandemic, and Texas’s February 2021 winter storms, Fifth Ward Community Redevelopment Corporation is looking to the future. They aim to build nearly 30 affordable homes for families in the next two years.
Coalition for a Better Acre (CBA) | New North Canal Apartments
NeighborWorks Capital is pleased to extend a $1,000,000 pre-development line of credit to the Coalition for a Better Acre (CBA) in Lowell, MA. Funds will be used to support predevelopment costs associated with a 4% LIHTC recapitalization of New North Canal Apartments and the new construction of Olympia Restaurant, a homeownership condominium project slated for…
Benson Watch Co.
Benson Watch Co. was founded in 2016 by Barry M. Benson on the principle that “Time Should Be Spent Doing…
Gulf Coast Housing Partnership (GCHP) | Phoenix Square 2-3
NeighborWorks Capital is pleased to participate with the Federation of Appalachian Housing Enterprises (FAHE) to extend 2 loans of $5,850,000 and $5,800,000 to Gulf Coast Housing Partnership (GCHP) for the construction of Phoenix Square Apartments phases 2 and 3.
Meeker Commons | Rocky Mountain Communities
Rocky Mountain Communities (RMC) recently closed on a $4,838,867 permanent loan with NeighborWorks Capital for Meeker Commons in Greeley, CO. The 104-unit property is a key element of affordable housing in the city of Greeley, and NeighborWorks Capital’s new 10-year loan will repay existing bank and redevelopment agency financing, allowing the city to invest in…
Kiva Apartments
Preserve 64 naturally-occurring affordable apartments for residents earning below 80% of area median income
East Bay Asian Local Development Corporation | Predevelopment Line of Credit
NeighborWorks Capital is pleased to extend a $6.2 million refinance of a predevelopment line of credit to the East Bay Asian Local Development Corporation (EBALDC) in Oakland, CA. The line of credit will support costs for EBALDC’s affordable housing development activity.
Huntington Square | A Community of Friends
A Community of Friends (ACOF) is one of the largest affordable housing developers in Los Angeles County. In 2015, the organization partnered with NeighborWorks Capital to secure a $2,000,000 acquisition loan to acquire land to construct Huntington Square, a mixed-use development with affordable apartments and commercial space in Huntington Park, CA.
Hispanic Housing Development Corporation
NeighborWorks Capital is pleased to renew a $10,000,000 acquisition/predevelopment line of credit to Hispanic Housing Development Corporation (HHDC). The renewal of this line of credit will allow for significant investment in new operating property acquisitions and will support predevelopment costs for HHDC’s development pipeline.
Community Housing Improvement Program (CHIP) | East of Eaton
NeighborWorks Capital is pleased to extend a $19,000,000 construction loan, in participation with Century Housing, to the Community Housing Improvement Program (CHIP). The funds will be used to rehabilitate the East of Eaton townhome community in Chico, CA.
Bloom Consignment
Bloom Consignments ensures that all individuals are able to find high-quality second hand clothing that is the right…
Coelle Travel
Coelle Travel is an international travel startup based in Wabanaki/Maine….
HighByte
HighByte prides itself on providing data services for some of the most important industrial companies in the world.
Kingfield Kinder Care
When Jackie Lobdell’s children were young, she couldn’t find daycare fitting the hours she needed. The nearby child…
Brodis Blueberries
For nine generations, the Brodis family have tended to their lands in Hope…
Love Point Oysters
Cameron Barner has spent much of his life feeling an immense connection to…
Eros Oyster
Nestled in the pristine waters of Robinhood Cove on Georgetown Island, Eros Oyster specializes in slow-growing Atlantic Oysters. Their company’s growth shows how…
From Personal Need to Community Solution: Brooke’s In-Home Child Care Journey
In response to her own struggles finding child care during the COVID-19 pandemic, Brooke took a bold step into….
Hand Therapy Treatment and Education Center , LLP
Based out of Brunswick, Maine, Hand Therapy Treatment and Education…
Barbour Street Development
NeighborWorks Capital is pleased to extend a $400,000 predevelopment loan to Mutual Housing Association of Greater Hartford for Barbour Street Development to be built in the Northeast Neighborhood of Hartford, CT. This new construction development will provide 60 affordable rental housing units and 8,700 square feet of commercial space across multiple buildings.
2205 Mission St. | Mission Economic Development Agency
In San Francisco, where the cost of living is among the highest in the country, educators and other public service workers struggle to afford to live in the community where they work. Salaries have not kept up with rising costs, and workers have been forced to move outside of the city or turn to other…
Bay Street Apartments
NeighborWorks Capital is pleased to extend a $673,000 construction-to-permanent loan to Lakes Region Community Developers for Bay Street Apartments.
Affordable, Supportive Housing for Seniors, Veterans, and People with Mental Health Disabilities
A Community of Friends (ACOF) is one of the largest affordable housing developers in Los Angeles County, and in 2015, they partnered with NeighborWorks Capital to acquire land in Huntington Park, CA. to construct Huntington Square, a mixed-use development with affordable apartments and commercial space.
Baby Booty
In the early days of the Covid-19 pandemic, Molly Brubaker faced an…
A Slice of Local Love: Two Fat Cats Bakery
Two Fat Cats Bakery has been delighting Portland, Maine with…
Ali Jabbar: PWM Transportation
Ali Jabbar is no stranger to entrepreneurship. After successfully….
Aegir’s Den Meadery
Since 2012, Aegir’s Den Meadery has been providing Maine with high quality Mead made right here in the Pine Tree…
A Dream Realized: Kasha’s Journey to Creating a Successful Home Child Care Program
In the wake of personal loss and an empty nest, Kasha Haggarty found her calling – establishing a unique home…
Success Stories: NeighborWorks of Western Vermont
NeighborWorks of Western Vermont (NWWVT) is a community development nonprofit serving Addison, Rutland, and Bennington Counties. Our mission is twofold: to strengthen the development of our region’s economy by promoting safe, efficient, and stable housing, and to help individuals develop self-reliance through education, technical assistance, and financial services.
Glavel Inc
Founded in 2017 by Rob Conboy, Glavel is a Vermont-based company that specializes in selling a lightweight building material from post-consumer recycled glass known as foam glass gravel. Because cellular glass is derived from recycled glass, it’s petroleum and chemical-free. Glavel began by importing foam glass gravel from Europe, with the plan to introduce the…
Leddynamics
Based in Randolph, Vermont, LEDdynamics, Inc. (LED) was founded in 2000 by William McGrath (Bill). The Company develops, manufactures and sells LED light technology, products, software, and systems.
