Center for Youth. Greater Norristown Police Athletic League (PAL) received a loan for the purchase of a 2-story, 11,288 square foot facility in Norristown, Montgomery County, Pa., to be used as an activity center for youth ages 8-18. Greater Norristown Police Athletic League is a non-profit, volunteer organization serving the youth and families of the Greater Norristown community with recreational, educational, and cultural programs addressing citizenship, self-esteem, avoidance of substance abuse, and respect for law and order. The PAL formed in 1973. (Loan Pool II – 10/1/2003)
Residential Loans
We provide 30-year financing for low and middle-income housing projects (not to individual homeowners).
Community Development
We provide 25 year financing for non-profits for facilities that will contribute to the area’s development and economic well-being.
Mixed Use Loans
For facilities that offer both housing and community development activities, we provide 25 or 30 year loans.