Lending
LISC is often the first choice lender for developers working to create affordable housing in Rhode Island. LISC Rhode Island also plays a critical role in financing other important community development projects like child care facilities, small businesses, arts and cultural centers, charter schools and more. Through our lending program, qualified nonprofit partners and for-profit developers can access a full range of financial products that cover the various stages of the real estate development process.
- Predevelopment Loans
- Acquisition Loans
- Construction Loans
- “Mini-Perm” Loans
- Bridge Financing
- Working Capital Line of Credit
Lending is an essential instrument in LISC’s community development toolkit. As one of the largest community development financial institutions (CDFI) in the nation, we work in partnership with local community-based organizations, for-profit developers and government agencies to finance programs and projects that will have a positive, long-term impact.
- Affordable Rental Housing
- Affordable For Sale Housing
- Charter Schools
- Health Centers
- Childcare & Early Education Facilities
- Healthy Food Initiatives
- Arts and Cultural Facilities
- Non-profit facilities
- Eligible small business endeavors
