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Self-Help Credit Union

Multifamily Housing Loans

 

Financing for affordable housing properties

Investing in or developing an affordable multifamily property?

We can help. With over 30 years of experience, we know how to navigate the challenges of this sector.

We provide construction-to-perm and permanent senior debt for the preservation or creation of large scale multifamily affordable housing properties.

We lend to sole proprietors, partnerships, LLCs, corporations, nonprofits, and for-profit entities.

Bryan Place, built by nonprofit developer CASA, provides 16 units of affordable housing for very-low-income residents in North Carolina.

Eligible uses:

  • Acquisition
  • Refinance
  • Renovations
  • Construction-to-mini-perm or permanent financing for conventional market rate or affordable rental housing

Not eligible:

  • Homeownership*
  • Single-family housing for sale*
  • Mobile home or RV parks
  • Container or tiny home properties

*If you’re interested in getting financing for a single-family home — whether as an investment property or a primary residence — contact the home lending team at your nearest branch.