Our loan to Community Action Agency of Delaware County (CAADC) paid off the construction loan for a single family home in Sharon Hill Commons in Sharon Hill, Pa. CAADC rents the home to a family that falls beneath the area median income for Delaware County, with the hopes that the family will eventually be able to purchase the home.
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.