Neighborhood Capital Corporation

Cleveland OH


Incorporated in 2001, Neighborhood Capital Corporation (NCC) provides pre-development loans and interim development loans to its national members, all nonprofit affordable housing developers. All NCC members are members of the Neighborworks Multifamily Initiative supporting excellence in real estate development.

CDFI Awards for Neighborhood Capital Corporation


TA (2009) - $95,624

Neighborworks Capital Corporation is a non-profit CDFI loan fund that was formed in 2007 as a result of the merger of two certified CDFIs. The organization provides affordable housing related and commercial real estate loans to nonprofit development organizations located throughout the United States. Neighborworks Capital Corporation will use its FY09 Technical Assistance grant to upgrade its portfolio management systems and to enhance web based communications to better serve its target market.



FA (2004) - $1,000,000

The Neighborhood Capital Corporation (NCC)will use the award to support the development and/or rehabilitation of 3,504 affordable housing units available to low-income targeted populations.



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Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.




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