Baltimore | Resource Profiles

Explore the resources available to entrepreneurs in Baltimore

BCL Commercial Multi-Family Loan Program

Funding

Description

The BCL Commercial Multi-Family Loan Program is an exceptional financing opportunity for experienced developers (including non-profits) and individual investors with a vision to rehabilitate specific properties in a single project in low- and moderate-income neighborhoods of Baltimore City.Designed for properties with a variety of potential uses, this flexible program is one of the best financing options for small- to medium-sized real estate development projects in the City. This product can be an acquisition-construction loan or a construction-mini-perm loan.

Tags

Loans, Debt Capital

Resource Providers:

Private Non-Profit

The Baltimore Community Development Financing Corporation was created as a financing intermediary in 1989 to promote the revitalization of neighborhoods within Baltimore City. The entity was federally certified as a nonprofit community development financial institution (CDFI) in 2002, changed its name to Baltimore Community Lending (BCL) in 2006.

Baltimore Community Lending (BCL)

Affiliated Ventures:

Resource Details
For Startups
For Nonprofits
For Small Businesses

The BCL Commercial Multi-Family Loan Program is an exceptional financing opportunity for experienced developers (including non-profits) and individual investors with a vision to rehabilitate specific …

Earliest Stage Served:
Early
Latest Stage Served:
Established
All Stages Served:
Early, Established
Industries Served:

Construction, Community Development