Eligible Borrowers: Non-profit organizations or for profit operators with a successful history of acquisition and rehabilitation of single-family residential properties for sale, rental or lease/purchase to low/moderate income households. Eligible Projects: Single and multi family residential properties for rehabilitation and sale, rental or lease/purchase to low/moderate income households. Eligible Transactions: Loan commitment for individually secured […]
Pentecostal Senior Housing LP
Pentecostal Square The Ingerman Group has made a huge impact in the city of Chester by constructing a beautiful 70 unit affordable senior housing apartment complex in partnership with First Pentecostal Holy Church. This new facility provides a safe, clean environment for the area seniors.
Developing Partnerships to Build a Thriving Community
The mission of Community Lenders is to provide long-term financing to organizations that work to improve their communities. We help mission-driven organizations in Berks, Bucks, Chester, Delaware, Lehigh, Montgomery, Northampton and Philadelphia Counties by making competitive loans with favorable terms that ultimately build their communities. By pooling loan money, our 30 member banks are able […]
Loan To Help Habitat for Humanity ReStore
Habitat for Humanity of Montgomery County, PA has its ReStore at 533 Foundry Road in West Norriton. The ReStore sell new and used building materials to the public at discounted prices. Shoppers find appliances, furniture, lighting, flooring, cabinets, tile, carpet, lumber, doors and more all in 8,000 square feet of retail space.
Northeast Philadelphia 1260 HDC
2 New Loans Provide Affordable Housing Opportunities in Northeast Philadelphia. Community Lenders was able to provide 1260 Housing Development Corporation (1260 HDC) with 2 loans in December 2009 that helped finance the purchase of 2, 3-story buildings in the Northeast neighborhood of Philadelphia. 1260 HDC will be able to provide low-income residents with physical and […]
Steel River Playhouse
A New Theater in Downtown Pottstown. A loan to Village Productions now known as Steel River Playhouse paid off the construction loan for a new theater facility in Pottstown, PA., which opened in December 2008. The nonprofit playhouse is a black box theater with two world-renowned artists as honorary co-chairs—singer and songwriter Daryl Hall of […]
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