Launch of Semi-Permanent Loan Model
We are looking for impact investors to make a low-interest investment in a semi-permanent loan for 5 of our properties. We are hoping to raise $1.5 million in investments this summer and fall, to match $1.5 already raised.
This is a brand new lending model, and will help stabilize, maintain, and improve our properties while keeping rent low for our residents. It will also allow us to lean into a broad pool of non-extractive, community investments in alignment with our mission and values. If you are interested or know others who would be excited to take part, please contact Meridith at mlevy@bnclt.org.