Pathway Lending does its part in helping low income families For some time, the lack of affordable housing has been a major problem affecting low-income families in rural areas of the U.S and the Low Income Housing Tax Credit (LIHTC) program has often been utilized to deliver high-quality, affordable housing in these communities. At Pathway
Multifamily Housing Loans
Creating safe, decent, and affordable multifamily rental housing in communities throughout Tennessee. Pathway’s Low-Income Multifamily Housing Loan Program offers a new source of capital to achieve this goal.
Permanent 1st-Mortgage Financing That Moves Affordable Housing Forward
Long-term, permanent financing for the acquisition, development, rehabilitation, and refinance of affordable multi-family housing in Tennessee. Eligible projects must have been awarded Low-Income Housing Tax Credits (LIHTC) by the Tennessee Housing Development Agency and can include family, elderly and special needs housing communities.
Client Success On The Blog
Success Story: First Cumberland Properties
Developers partner with Pathway Lending to retain and renovate affordable multifamily housing in Tennessee Nearly 30 years ago, Phil Owen and Robert Trent founded First Cumberland Properties “to provide working families with extraordinary housing.” Now affordable housing industry leaders, Owen and Trent have utilized Pathway Lending’s Tennessee Affordable Multifamily Housing Fund on three projects to