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Mixed-Use Loans

Eligible Borrowers: Non-profit organizations, for-profit housing developers, partnerships, local government agencies and individuals.

Eligible Projects: Community redevelopment and revitalization projects, which offer a clear public benefit containing both housing and commercial space.

Eligible Transactions: Permanent loans for acquisition, preservation, post-construction, and/or post-rehabilitation.

Security: First mortgage against land and improvements. Assignment of leases, rents, and other appropriate collateral required. Other recorded agreements or restrictions must be subordinated.

More: Loan terms are for 25 or 30 years, depending upon the percentage of use type for the project. A $500 non-refundable application fee is due upon submission of application. Commitment, loan, appraisal, and legal fees may apply. Depending upon the size of the loan, an environmental site assessment may be required.

Community Lenders

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How To Apply

Learn More About How To Apply For A Loan

Community Lenders CDC

120 East Broad Street
Suite 2
Souderton, PA 18964

215-799-1340

Audrey McMichael 
(Executive Director)

Residential Loans

NewCourtland

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

The Brandywine CenterFor facilities that offer both housing and community development activities, we provide 25 or 30 year loans.

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