New York City Acquisition Loan Fund
NYC Housing Preservation and Development
New York City, New York
Established in 2006, the Fund offers flexible bridge loans to affordable housing developers to acquire vacant sites and occupied buildings and finance predevelopment work. The Fund is made possible through a partnership between Enterprise Community Partners, Inc. and the Local Initiatives Support Corporation, the City of New York, major commercial lending institutions, and foundations.
Contact
NYC Housing Preservation and Development
[email protected]
212-863-6300
Eligibility Limitations
Does not limit eligibility on these criteria
Priority Populations
Does not prioritize beyond eligibility requirements
Total Funding
$210,000,000
How Provided?
Development loans
Data Collected by Program
Does not collect data on income, race, ethnicity, disability status, or age