Neighborhood Lending Partners, Inc. ("NLP") is a multi-bank lending consortium providing financing to developers of affordable housing and community revitalization.
The organization is a non-profit 501(c)3 servicing the State of Florida through the member banks of its three affiliates, each located in North Florida, South Florida and West Florida. The West Florida affiliate, located in Tampa, serves as the cphHeadquarters and main office for the organization.
NLP is a Community Development Financial Institution ("CDFI") and a Community Development Entity ("CDE"). NLP's programs are available to both for profit and non-profit developers.
NLP has financed over 137 housing properties comprised of over 12,000 residential units as well as commercial properties in its targeted low income markets for loans totaling over $450 million. The properties are located throughout the State in 28 counties and provide family housing, housing for large families, senior citizens, farm workers and individuals with special needs. All have set aside requirements for low income residents. NLP provides numerous governmental agencies various levels of loan and/or grant administration, assisting them in providing services and subsidy funds that serve low income targeted populations.
NLP offers products, services and programs that were created to incentivize the private sector to invest in affordable housing and community revitalization. NLP is actively engaged with local governments and housing authorities, providing use of NLP's underwriting models that allow for the recapture of the dwindling supply of public subsidy to the greatest degree possible. By combining local SHIP, HOME, CDBG and NSP funds with NLP resources, local governments are able to enhance and multiply the utilization of their funds; achieve maximum leveraging of their funds and produce a greater level of community impact and assistance.
Want to learn more about Neighborhood Lending Partners? Click HERE to see some articles about NLP from The Business Journals.