Borrower Stories
PB Hagerstown, LLC, a development team formed to purchase and develop Kilpatrick Woods,
requested a $3,800,000 land acquisition and predevelopment loan for a planned 241-unit affordable rental housing LIHTC project in Hagerstown, MD.
The Memorial Apartments provides affordable housing to seniors in Baltimore, MD and was founded 50 years ago by concerned community members. PCG provided a loan to renovate the Apartments and keep them affordable.
Partners for the Common Good provided a $300,000 loan that allows St. Ambrose to purchase and rehabilitate homes in depressed neighborhoods and to offer those homes to first-time low-income homebuyers.