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572014 Points of Impact from NeighborWorks Capital
httpus2campaign-archive2comu=7a3d73beb1409669ff3304037ampid=8a9b270325ampe=[UNIQID] 14
NEWSLETTER FROM NEIGHBORWORKS CAPITAL | MARCH 2014 View this email in your browser
In this issue
NCs 2013 Lending Impact
NCs strong lending and financial performance brings additional bank
investments
NC provides fast flexible financing to two new customers
Welcome NCs newest team member
NC will be at NeighborWorks Americas Executive Director Symposium
NC 2013 Lending Impact
NeighborWorks Capital is pleased to announce its most successful year by meeting and
exceeding its business plan goals and providing flexible loans that made a critical
difference to the communities that NeighborWorks affiliates serve In 2013 NC was able
to increase its community development impact as follows
$322 million in loans closed and committed
25 loans for affordable rental for-sale and mixed-use projects
1000 units of affordable rental and for-sale homes
Subscribe Share Past Issues Translate
572014 Points of Impact from NeighborWorks Capital
httpus2campaign-archive2comu=7a3d73beb1409669ff3304037ampid=8a9b270325ampe=[UNIQID] 24
25000 square feet of community space
11 new NeighborWorks customers
$280 million leveraged
95 of loans assisted housing projects at 80 AMI or below
For additional info on NeighborWorks Capitalrsquos 2013 results please read our 2013
Annual Report
NCs strong lending and financial performance bringsadditional bank investments
NeighborWorks Capitalrsquos strong lending and financial performance attracted over $21
million in new and renewed capital during 2013 In the last quarter of 2013 NC increased
its capital by $7 million We are pleased to highlights these investment partners
Bank of America is the largest bank investor of CDFIs nationally
as well as for NeighborWorks Capital In 2013 the bank doubled its investment to $8
million as a 10 year Program Related Investment as part of its ongoing commitment to low
income communities This long term investment allows NC to provide longer-term loans
for multifamily preservation and energy improvements
Branch Banking and Trust (BBampT) is one of the top 20 banks by deposits with a
focus on the Mid-Atlantic and Southern states The bank is NeighborWorks Capitalrsquos
primary business banker for treasury services and recently provided a $3 million line of
credit for our lending program in its market area
Learn more about NCrsquos investment partners
NC provides fast flexible financing to two new customersWe thank them for their recent business and want to highlightthese exciting projects
Customer Profile Federation of Appalachian Housing Enterprises (FAHE)
Project Low Income Housing Credit Equity Fund
572014 Points of Impact from NeighborWorks Capital
httpus2campaign-archive2comu=7a3d73beb1409669ff3304037ampid=8a9b270325ampe=[UNIQID] 34
This is NCrsquos first loan in partnership with Federation
of Appalachian Housing Enterprises (FAHE)
headquartered in Kentucky FAHE provides
technical support and financial assistance through
its own CDFI to its membership network of nearly
50 nonprofit organizations across Kentucky West
Virginia Tennessee and Virginia NC is
participating in a FAHE bridge loan with $3000000
to support a Low Income Housing Tax Credit Equity Fund which is investing in three
affordable housing developments in Kentucky Other participants in this $14 million FAHE
loan include the Kentucky Housing Finance Corporation and Citizens Union Bank
The partnership of NC and FAHE provides critically-needed capital for important
developments and illustrates the ability of both organizations to act quickly and flexibly to
maximize impact in rural areas of the country NC looks forward to future lending
collaborations with FAHE in their service territory as well as with other CDFIs within the
NeighborWorks America Network looking to increase their community impact
Website httpwwwfaheorg
______________________________________________________________________
Customer Profile Community Housing of Wyandotte County (CHWC)
Project Escalade Heights
This is NCrsquos second loan to a project sponsored by
Community Housing of Wyandotte County (CHWC)
This $300000 interim development loan will be
used for acquisition of a 60 lot subdivision know as
Escalade Heights in Kansas City Kansas When
completed Escalade Heights is expected to include
16 lease-purchase single family rental units
financed with Low Income Housing Tax Credits and up to 44 market rate newly-
constructed single family for-sale homes
Website httpwwwchwckckorg
Welcome NCs newest team member
572014 Points of Impact from NeighborWorks Capital
httpus2campaign-archive2comu=7a3d73beb1409669ff3304037ampid=8a9b270325ampe=[UNIQID] 44
Sandy Revelo Accountant
Sandy joins NC with over six years of accounting and audit experience
with a national public accounting firm and a Bachelorrsquos Degree in
Accounting She has general accounting responsibilities and supports
the Director of Finance in financial and investor reporting
NeighborWorks America Executive Directors Symposium Arlington VA | March 31 - April 4 2014
NC is headed to Arlington VA for the upcoming NeighborWorks America Executive
Directors Symposium If you would like to schedule a meeting to discuss your financing
needs or project pipeline please contact
NCrsquos Director of Lending
John Maneval
Email jmanevalneighborworkscapitalorg
or call 240-821-1651 ext 204 or 301-789-6856
Visit us at wwwneighborworkscapitalorg
Our mailing address is
NeighborWorks Capital
8484 Georgia Avenue Suite 330
Silver Spring MD 20910
Add us to your address book
unsubscribe from this l ist update subscription preferences
Forward to Friend
572014 Points of Impact from NeighborWorks Capital
httpus2campaign-archive2comu=7a3d73beb1409669ff3304037ampid=8a9b270325ampe=[UNIQID] 24
25000 square feet of community space
11 new NeighborWorks customers
$280 million leveraged
95 of loans assisted housing projects at 80 AMI or below
For additional info on NeighborWorks Capitalrsquos 2013 results please read our 2013
Annual Report
NCs strong lending and financial performance bringsadditional bank investments
NeighborWorks Capitalrsquos strong lending and financial performance attracted over $21
million in new and renewed capital during 2013 In the last quarter of 2013 NC increased
its capital by $7 million We are pleased to highlights these investment partners
Bank of America is the largest bank investor of CDFIs nationally
as well as for NeighborWorks Capital In 2013 the bank doubled its investment to $8
million as a 10 year Program Related Investment as part of its ongoing commitment to low
income communities This long term investment allows NC to provide longer-term loans
for multifamily preservation and energy improvements
Branch Banking and Trust (BBampT) is one of the top 20 banks by deposits with a
focus on the Mid-Atlantic and Southern states The bank is NeighborWorks Capitalrsquos
primary business banker for treasury services and recently provided a $3 million line of
credit for our lending program in its market area
Learn more about NCrsquos investment partners
NC provides fast flexible financing to two new customersWe thank them for their recent business and want to highlightthese exciting projects
Customer Profile Federation of Appalachian Housing Enterprises (FAHE)
Project Low Income Housing Credit Equity Fund
572014 Points of Impact from NeighborWorks Capital
httpus2campaign-archive2comu=7a3d73beb1409669ff3304037ampid=8a9b270325ampe=[UNIQID] 34
This is NCrsquos first loan in partnership with Federation
of Appalachian Housing Enterprises (FAHE)
headquartered in Kentucky FAHE provides
technical support and financial assistance through
its own CDFI to its membership network of nearly
50 nonprofit organizations across Kentucky West
Virginia Tennessee and Virginia NC is
participating in a FAHE bridge loan with $3000000
to support a Low Income Housing Tax Credit Equity Fund which is investing in three
affordable housing developments in Kentucky Other participants in this $14 million FAHE
loan include the Kentucky Housing Finance Corporation and Citizens Union Bank
The partnership of NC and FAHE provides critically-needed capital for important
developments and illustrates the ability of both organizations to act quickly and flexibly to
maximize impact in rural areas of the country NC looks forward to future lending
collaborations with FAHE in their service territory as well as with other CDFIs within the
NeighborWorks America Network looking to increase their community impact
Website httpwwwfaheorg
______________________________________________________________________
Customer Profile Community Housing of Wyandotte County (CHWC)
Project Escalade Heights
This is NCrsquos second loan to a project sponsored by
Community Housing of Wyandotte County (CHWC)
This $300000 interim development loan will be
used for acquisition of a 60 lot subdivision know as
Escalade Heights in Kansas City Kansas When
completed Escalade Heights is expected to include
16 lease-purchase single family rental units
financed with Low Income Housing Tax Credits and up to 44 market rate newly-
constructed single family for-sale homes
Website httpwwwchwckckorg
Welcome NCs newest team member
572014 Points of Impact from NeighborWorks Capital
httpus2campaign-archive2comu=7a3d73beb1409669ff3304037ampid=8a9b270325ampe=[UNIQID] 44
Sandy Revelo Accountant
Sandy joins NC with over six years of accounting and audit experience
with a national public accounting firm and a Bachelorrsquos Degree in
Accounting She has general accounting responsibilities and supports
the Director of Finance in financial and investor reporting
NeighborWorks America Executive Directors Symposium Arlington VA | March 31 - April 4 2014
NC is headed to Arlington VA for the upcoming NeighborWorks America Executive
Directors Symposium If you would like to schedule a meeting to discuss your financing
needs or project pipeline please contact
NCrsquos Director of Lending
John Maneval
Email jmanevalneighborworkscapitalorg
or call 240-821-1651 ext 204 or 301-789-6856
Visit us at wwwneighborworkscapitalorg
Our mailing address is
NeighborWorks Capital
8484 Georgia Avenue Suite 330
Silver Spring MD 20910
Add us to your address book
unsubscribe from this l ist update subscription preferences
Forward to Friend
572014 Points of Impact from NeighborWorks Capital
httpus2campaign-archive2comu=7a3d73beb1409669ff3304037ampid=8a9b270325ampe=[UNIQID] 34
This is NCrsquos first loan in partnership with Federation
of Appalachian Housing Enterprises (FAHE)
headquartered in Kentucky FAHE provides
technical support and financial assistance through
its own CDFI to its membership network of nearly
50 nonprofit organizations across Kentucky West
Virginia Tennessee and Virginia NC is
participating in a FAHE bridge loan with $3000000
to support a Low Income Housing Tax Credit Equity Fund which is investing in three
affordable housing developments in Kentucky Other participants in this $14 million FAHE
loan include the Kentucky Housing Finance Corporation and Citizens Union Bank
The partnership of NC and FAHE provides critically-needed capital for important
developments and illustrates the ability of both organizations to act quickly and flexibly to
maximize impact in rural areas of the country NC looks forward to future lending
collaborations with FAHE in their service territory as well as with other CDFIs within the
NeighborWorks America Network looking to increase their community impact
Website httpwwwfaheorg
______________________________________________________________________
Customer Profile Community Housing of Wyandotte County (CHWC)
Project Escalade Heights
This is NCrsquos second loan to a project sponsored by
Community Housing of Wyandotte County (CHWC)
This $300000 interim development loan will be
used for acquisition of a 60 lot subdivision know as
Escalade Heights in Kansas City Kansas When
completed Escalade Heights is expected to include
16 lease-purchase single family rental units
financed with Low Income Housing Tax Credits and up to 44 market rate newly-
constructed single family for-sale homes
Website httpwwwchwckckorg
Welcome NCs newest team member
572014 Points of Impact from NeighborWorks Capital
httpus2campaign-archive2comu=7a3d73beb1409669ff3304037ampid=8a9b270325ampe=[UNIQID] 44
Sandy Revelo Accountant
Sandy joins NC with over six years of accounting and audit experience
with a national public accounting firm and a Bachelorrsquos Degree in
Accounting She has general accounting responsibilities and supports
the Director of Finance in financial and investor reporting
NeighborWorks America Executive Directors Symposium Arlington VA | March 31 - April 4 2014
NC is headed to Arlington VA for the upcoming NeighborWorks America Executive
Directors Symposium If you would like to schedule a meeting to discuss your financing
needs or project pipeline please contact
NCrsquos Director of Lending
John Maneval
Email jmanevalneighborworkscapitalorg
or call 240-821-1651 ext 204 or 301-789-6856
Visit us at wwwneighborworkscapitalorg
Our mailing address is
NeighborWorks Capital
8484 Georgia Avenue Suite 330
Silver Spring MD 20910
Add us to your address book
unsubscribe from this l ist update subscription preferences
Forward to Friend
572014 Points of Impact from NeighborWorks Capital
httpus2campaign-archive2comu=7a3d73beb1409669ff3304037ampid=8a9b270325ampe=[UNIQID] 44
Sandy Revelo Accountant
Sandy joins NC with over six years of accounting and audit experience
with a national public accounting firm and a Bachelorrsquos Degree in
Accounting She has general accounting responsibilities and supports
the Director of Finance in financial and investor reporting
NeighborWorks America Executive Directors Symposium Arlington VA | March 31 - April 4 2014
NC is headed to Arlington VA for the upcoming NeighborWorks America Executive
Directors Symposium If you would like to schedule a meeting to discuss your financing
needs or project pipeline please contact
NCrsquos Director of Lending
John Maneval
Email jmanevalneighborworkscapitalorg
or call 240-821-1651 ext 204 or 301-789-6856
Visit us at wwwneighborworkscapitalorg
Our mailing address is
NeighborWorks Capital
8484 Georgia Avenue Suite 330
Silver Spring MD 20910
Add us to your address book
unsubscribe from this l ist update subscription preferences
Forward to Friend
