Affordable Housing & NOAH Lending
City First Bank provides commercial loans for affordable housing projects, including Naturally Occurring Affordable Housing (NOAH), that ensure long-term affordability for low-, moderate-, and middle-income households up to 120% of Median Family Income (MFI). The program offers loan products including Acquisition, Construction-to-Permanent, Bridge, and Unitranche loans up to $21,000,000. Offered by City First Bank.
Key Facts
- Funder
- City First Bank
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Maryland
- Categories
- Community Development
- Status
- Open
About This Grant
City First Bank provides commercial loans for affordable housing projects, including Naturally Occurring Affordable Housing (NOAH), that ensure long-term affordability for low-, moderate-, and middle-income households up to 120% of Median Family Income (MFI). The program offers loan products including Acquisition, Construction-to-Permanent, Bridge, and Unitranche loans up to $21,000,000. It partners with minority-led developers and community-based investors to expand housing access and promote...
Full requirements and application instructions: official listing.
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