Borrower Stories
PCG provided a $450,000 loan to the NHP Foundation to preserve 272 affordable housing units in the Congress Heights neighborhood of Washington, D.C.
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
Washington Street Senior Residences will provide high-quality affordable housing for over 80 low-income seniors in Kokomo, IN. A loan from PCG helped to finance the construction of the project.