AFFORDABLE HOUSING LOANS | COMMUNITY CAPITAL NEW YORK

44 Executive Boulevard, Elmsford, NY 10523

Eligibility

For profit and non-profit developers of affordable, or mixed income housing developments

Hours

Agency requests client call for details

Voice - Main

Voice - Main

Fax - Fax

Fax - Fax

http://www.communitycapitalny.org

Languages

German, Spanish

Application process

Apply directly at www.nyloanfund.com. All prospective applicants must submit a pre-application at www.nyloanfund.com. Successful pre-applicants will be invited to submit a full application.

Fees

Call for details

Service area

Ulster County, NY
Orange County, NY
Rockland County, NY
Sullivan County, NY
Dutchess County, NY
Putnam County, NY
Westchester County, NY

Description

Offers low cost, patient "gap" financing to private and non-profit developers of affordable housing developments in the Lower Hudson Valley. Financing can be used to cover pre-development expenses, construction gaps, bridge loans and other needs. Smaller feasibility loans are also available in Westchester.

Data provided by

211 Hudsson Valley / ADK

What's Here

Affordable Housing Development Incentives

Providing organization

COMMUNITY CAPITAL NEW YORK

A not for profit Community Development Financial Institution (CDFI) established in 1989 to provide financial, educational and technical assistance resources to community development initiatives in the lower Hudson Valley of New York.