Townhouses for Low to Moderate Income Individuals. Community Lenders was able to assist Better Homes, Inc. of Bucks County (BHI) by refinancing Silverlake Plaza Apartments, which contains 15 townhouses. BHI is a Community Housing Development Organization and has been a developer of affordable housing for over 25 years. BHI has rehabilitated and sold nearly 100 homes and has an inventory of nearly 65 family rental units, including two Low Income Housing Tax Credit, multi-family apartment complexes.
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.