Permanent 1st-Mortgage Financing That Moves Affordable Housing Forward
Through a grant from the CDFI Fund and in conjunction with TBA Member Banks, this fund provides permanent financing to developers of Low-Income Housing Tax Credit properties.
This fund covers in all 95 counties to help provide safe and affordable housing in Tennessee.
Our goal is to create safe, decent, and affordable multifamily rental housing in communities throughout Tennessee. Pathway’s Low-Income Multi-Family Housing Loan Program offers a new source of capital to achieve this goal.
We provide 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 include family, elderly and special needs housing communities.
QUESTIONS? READY TO APPLY?
If you are developer of affordable multi-family housing who has been awarded an LIHTC allocation and is interested in applying for a loan or has questions about the program, please contact Hank Helton at Hank.Helton@PathwayLending.org or call us at 615.425.7171.
We’ll take the time to understand your development and craft a solution that helps you and the community move forward.