Borrower Stories
Urban Homeworks builds affordable, accessible rental and for-sale housing by training providing living wage construction jobs for low-income, at-risk young adults. PCG's loan allowed the organization to expand its capacity.
Through PCG’S GAP Loan Program, PCG worked with Legacy Bank & Trust and Locke Capital to leverage Legacy Bank’s $3,275,000 funding with a PCG funded $400,000 subordinate tranche in Legacy Bank’s $3,675,000 loan. The loan refinanced short-term acquisition financing, will retain 97 units of Read More
The Community Builders, located in Boston, MA, is the largest non-profit affordable housing developer in the United States. A loan from PCG will help TCB acquire and renovate 5 adaptive-reuse multi-family housing properties that provide 229 affordable housing units in South-Central Pennsylvania Read More