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NHSA-CDFI LOAN PRODUCTS
Interim Development Loans
Provides NeighborWorks® organizations with short-term, fixed-rate financing for both for-sale single family housing and multifamily acquisition and development. Learn More
Permanent Multifamily Loans
Provides long-term, fixed-rate financing for NeighborWorks-owned multifamily properties. Learn More
Single Family Loans
Single Family/Non-Rural*
Provides loan capital for single family lending activities such as down payment and closing cost assistance and rehabilitation. These loans may be used to capitalize NeighborWorks organizations’ revolving loan funds.
*NHSA-CDFI single-family non-rural funds were previously offered through an investment which has been fully subscribed. A new agreement for additional funding is under negotiation. Please check back for program details and availability.
Single Family/Rural
When these loans are structured as first mortgage warehouse lines of credit, they are ideal for NeighborWorks organizations that participate in the USDA’s Rural Housing Services (RHS) Section 502 program. NeighborWorks organizations originate first mortgages to low- and very-low income rural families to purchase affordable housing and RHS provides the second mortgage to complete the total loan package for each home. The first mortgages are then sold to NHSA to replenish the warehouse line of credit. Learn More
For more information contact Benjamin K. Greenberg, Senior Loan Officer bgreenberg@nhsofamerica.org
or
Carla Mannings, Loan Officer
cmannings@nhsofamerica.org
(404) 373-5662 |