By Rachel Scher McLean / Posted on July 31st, 2013
The Green House Project recognizes that financing is a crucial element of any new development. As a program within NCB Capital Impact, we can partner with lenders to create a streamlined process and many specialized financing options. NCB Capital Impact is a nonprofit, Community Development Financial Institution (CDFI) that works across the nation to improve access to high-quality health and elder care, healthy foods, housing, and education in low-income communities. To date, NCB Capital Impact and The Green House Project have assisted in the development of over 148 Green House homes and have financed $20 million in Green House homes across the country.
There is now an information page on The Green House website, that provides a high level overview of financing vehicles. NCB Capital Impact provides financing opportunities for Green House homes and manages specific Green House loan programs, including The Robert Wood Johnson Foundation and AARP Program Related Investments. There is also information about The Weinberg Foundation grant opportunities. This new webpage provides high level information about these opportunities, as well as specific steps for learning more about financing options.