PCG’s $600,000 loan is the first loan funded under a new GAP loan program. The program was partially funded with a CDFI grant with a purpose of enabling partnerships with CDFI banks who face more stringent regulatory requirements, particularly loan to value constraints.
This 18-acre redevelopment of a vacant former federal complex will create 300 affordable housing units, 200 student dorms, and a healthy foods center in Kansas City, Missouri.
This 18-acre redevelopment of a vacant former federal complex will create 300 affordable housing units, 200 student dorms, and a healthy foods center in Kansas City, Missouri.