Baltimore | Resource Profiles
BCL Subordinate Financing Loan Program
The BCL Subordinate Financing Loan Program is for experienced developers (including non-profits) and individual investors with plans to rehabilitate properties in a single project in low- and moderate-income neighborhoods of Baltimore City and where a financing gap exists. Designed for properties with a variety of potential uses, this flexible program is for small- to medium-sized real estate development projects in the City. This product can be used as an acquisition-construction/perm loan.
Loans, Debt Capital
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.