Loan products designed for members' needs

Enterprise Capital

HPF's Enterprise loan product was created to support members’ business line capital needs and is not tied to a specific real estate project, giving our members maximum flexibility and access to low-priced capital to deepen their impact. It is designed to serve as start-up or expansion capital for new business initiatives, working capital for organizational liquidity or predevelopment or acquisition capital. This capital is designed to be catalytic; the flexibility it offers our members allows them to be entrepreneurial and nimble in their approach to market opportunities without being delayed by the process of assembling capital. This capital is typically unsecured or alternatively secured.

Real Estate Financing

Predevelopment: This product can be structured as term or revolving and provides funding for a full range of predevelopment costs and can also support site acquisition or holding costs. Pre-development loans are typically unsecured while site acquisition loans are secured with a lien on the underlying asset.

Acquisition Multifamily: A bridge loan product to finance land and building acquisition as well as construction and rehabilitation costs for multifamily properties. Loans are secured by the underlying asset as a first mortgage or subordinate lien. Acquisition line of credit facilities are also available.

Single-Family Acquisition Rehab: A credit facility designed to support the acquisition and rehabilitation costs of single-family homes. Loans are secured by the underlying asset as a first mortgage or ownership interest in the ownership entity holding the single-family homes.

Click here for more details on loan terms.

Click here for more details on an NMTC funding opportunity.

Borrower Stories

We're always looking to innovate and learn more about members' financing needs. Contact VP, Lending Ben Greenberg with your wish list.

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