Borrower Stories
A loan from Partners enabled this corporation to purchase and preserve sixteen affordable housing units and a Caribbean grocery store in the Washington Heights neighborhood of New York.
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.
PCG worked with NCALL to provide $500,000 pari passu participation in a $1,500,000 loan to assist in providing affordable housing to families. Additionally, this loan expands PCG’s relationship with NCALL, with whom we have co-lent 10 times over the years.