Borrower Stories
San Diego Second Chance works to break the cycle of poverty and recidivism in their community by providing job training and safe, affordable transitional housing. PCG and Neighborhood National Bank provided a loan to rehab 8 affordable housing units for these low-income citizens.
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
Lower Lights is expanding their community services to provide access to a healthy grocery store, cafe, and commercial kitchen in addition to their affordable quality health care on the west side of Columbus, Ohio.