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Borrower Stories
PB Hagerstown, LLC, a development team formed to purchase and develop Kilpatrick Woods,
requested a $3,800,000 land acquisition and predevelopment loan for a planned 241-unit affordable rental housing LIHTC project in Hagerstown, MD.
Urban Homeworks builds affordable, accessible rental and for-sale housing by training providing living wage construction jobs for low-income, at-risk young adults. PCG's loan allowed the organization to expand its capacity.
Proud Ground, a community land trust in Portland, Oregon, provides permanently affordable housing and access to home ownership for low-income households. PCG's loan supported the construction of 12 affordable homes within the Lents Urban Renewal Area.