Capital Impact Partners’ Post

In the second installment of this series of blogs highlighting the different community development loans we offer, we will explain what real estate acquisition loans are and how they are used in community development: https://ow.ly/9eHL50Sj8ne

When applying for a community development loan, borrowers naturally want all necessary information to make an informed decision. What is a real estate acquisition loan? The second installment of this series of blogs explains how developers can utilize them to bring community-centered projects to life:  https://ow.ly/FvJu50RU6Yl

When applying for a community development loan, borrowers naturally want all necessary information to make an informed decision. What is a real estate acquisition loan? The second installment of this series of blogs explains how developers can utilize them to bring community-centered projects to life: https://ow.ly/FvJu50RU6Yl

Insightful report by Nate Scherer and Isaac Schick highlighting how the FHLBanks’ have evolved as economic realities and congressional mandates have changed over the past 90+ years, yet have held true to their mission of providing liquidity to members in support of housing and community development.    "It is unrealistic to expect the FHLB to maintain the same structure over nearly a century" and "perform new public services like providing profits to the Affordable Housing" Program (AHP). "Since 1990, all 11 FHLBanks have contributed over $7.6 billion ... supporting over one million households. The FHLB did not have to contribute funds towards housing in this manner when it began, thus its role in promoting homeownership has expanded, not declined."    The report also recognizes that the system voluntarily increased its commitment to support affordable housing and community development above the 10 percent statutory requirement to 15 percent during 2023, which has meant hundreds of millions of dollars in additional investments in affordable housing and community development in 2023 and 2024. 

Ready to turn your homeownership dreams into reality? 🏠 Introducing the Community Lending Program!   Available in select markets, this convenient program offers flexible terms and no income limits to support underserved customers and build strong communities.   Interested in seeing if you qualify? Start your journey today; contact me to learn more! 🌟   #CommunityLending #HomeOwnership #DreamHome #GenevaFinancial

Ready to turn your homeownership dreams into reality? 🏠 Introducing the Community Lending Program! Available in select markets, this convenient program offers flexible terms and no income limits to support underserved customers and build strong communities. Interested in seeing if you qualify? Start your journey today; contact me to learn more! 🌟 #CommunityLending #HomeOwnership #DreamHome #GenevaFinancial

Ready to turn your homeownership dreams into reality? 🏠 Introducing the Community Lending Program! Available in select markets, this convenient program offers flexible terms and no income limits to support underserved customers and build strong communities. Interested in seeing if you qualify? Start your journey today; contact me to learn more! 🌟 #CommunityLending #HomeOwnership #DreamHome #GenevaFinancial

Ready to turn your homeownership dreams into reality? 🏠 Introducing the Community Lending Program!   Available in select markets, this convenient program offers flexible terms and no income limits to support underserved customers and build strong communities.   Interested in seeing if you qualify? Start your journey today; contact me to learn more! 🌟 #CommunityLending #HomeOwnership #DreamHome #GenevaFinancial

Ready to turn your homeownership dreams into reality? 🏠 Introducing the Community Lending Program!   Available in select markets, this convenient program offers flexible terms and no income limits to support underserved customers and build strong communities.   Interested in seeing if you qualify? Start your journey today; contact me to learn more! 🌟 #CommunityLending #HomeOwnership #DreamHome #GenevaFinancial  

"New Hampshire has become the 150th resident-owned community, with Derry Oak Village becoming the 150th. The state law mandates residents to receive 60-day notice when a manufactured housing park is for sale, offering them the right of first refusal. The New Hampshire Community Loan Fund assists residents with cooperative formation, rights under state law, and financing assistance. The U.S. Department of Housing and Urban Development has launched a $235 million program to preserve manufactured housing, providing $60 million in infrastructure repair grants for 15-18 communities. The program also includes a preservation fund, loan or gap financing, and repairs on vacant lots." - Concord Monitor Feel free to Read and Subscribe to my daily newsletter for the latest updates on MHC's. 👇 https://lnkd.in/eKQxgVz3 #mobilehomepark #manufacturedhousing #technlogy #news #manufacturedhousingcommunities #realestate #investment #homebuyer #mobilehomeinvesting #buildcommunity #helpcommunity #investor #realestateinvestors #sustainability #affordability #housingmarketupdates #communityliving #housing #TheRealEstateSolutionist