2/24/2016 Points of Impact from NeighborWorks Capital February 2016 http://us2.campaignarchive1.com/?u=7a3d73beb1409669ff3304037&id=9434487207&e=[UNIQID] 1/6 NEWSLETTER FROM NEIGHBORWORKS CAPITAL | FEBRUARY 2016 View this email in your browser In this issue: NC 's Progress towards its Strategic Plan Goals Meet NC's new Team Members Strategic Growth Fund Update New Customers See you in Atlanta NC's Progress towards its Strategic Plan Goals At the end of Year 2 of its 20142018 Strategic Plan NeighborWorks Capital has made significant progress toward its FiveYear Goals: 77 loans for affordable rental, forsale, commercial and mixeduse projects in 27 states and District of Columbia Over $88 million in loans closed and committed Over 3,700 units of affordable rental and forsale homes, and 94,000 square feet of commercial space to be created or preserved 16 new NeighborWorks customers $529 million of construction and permanent financing leveraged (9.4:1 leverage) $48 million in new and renewed debt and equity capital raised. NC has over Subscribe Share Past Issues Translate
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2242016 Points of Impact from NeighborWorks Capital shy February 2016
NEWSLETTER FROM NEIGHBORWORKS CAPITAL | FEBRUARY 2016 View this email in your browser
In this issue
NCs Progress towards its Strategic Plan Goals Meet NCs new Team Members Strategic Growth Fund Update New Customers See you in Atlanta
NCs Progress towards its Strategic Plan Goals
At the end of Year 2 of its 2014shy2018 Strategic Plan NeighborWorks Capital hasmade significant progress toward its FiveshyYear Goals 77 loans for affordable rental forshysale commercial and mixedshyuse projects in
27 states and District of Columbia Over $88 million in loans closed and committed Over 3700 units of affordable rental and forshysale homes and 94000 square feet of
commercial space to be created or preserved 16 new NeighborWorks customers $529 million of construction and permanent financing leveraged (941 leverage) $48 million in new and renewed debt and equity capital raised NC has over
Subscribe Share Past Issues Translate
2242016 Points of Impact from NeighborWorks Capital shy February 2016
$100 million in flexible lending capital available for the NeighborWorks network Maintained operating sustainability of over 100
Meet NCs new Team Members
Sarah Geis Senior Loan OfficerEmail sgeisneighborworkscapitalorg Office 2408211651 x 211
We are pleased to welcome Sarah Geis to NeighborWorksCapital as Senior Loan Officer Sarah has over 17 years ofprogressive finance and management experience with inshydepth knowledge of community development affordablehousing and commercial real estate lending For the pastfour years Sarah was Director of Lending at Mile High
Community Loan Fund and prior to that she worked as Vice President CommunityDevelopment Lending at US Bank for ten years She has a BA cum laude fromBenedictine College and MBA from the University of Phoenix Sarah has held variousvolunteer positions in the Denver community most recently as Board member and BoardChair of Community Resources and Housing Development Corp (CRHDC) for 10 years
Stephen Peelor Senior Loan OfficerEmail speelorneighborworkscapitalorg Office 2408211651 x 206
We are also pleased to welcome Steve Peelor toNeighborWorks Capital as Senior Loan Officer Steve hasover 15 years experience in affordable housing finance andnonprofit management For the last three years he wasprincipal of Stage 11 Consulting engaged as Chief OperatingOfficer to transition a national nonprofit from startshyup to
sustainable operations and prior to that for thirteen years he was employed at CenturyHousing in the Los Angeles area initially as Director of Structured Finance then SVP ofLending and SVP of Strategy Prior to that he worked at City National Bank in LosAngeles He has a BA in metropolitan studies and a Master of Public Administration andFinance both from New York University
2242016 Points of Impact from NeighborWorks Capital shy February 2016
NeighborWorks Capitalrsquos new Strategic GrowthFund (SGF) received 33 proposals fromNeighborWorks organizations requesting over $42million in enterprise level capital earlier this summerThis fund is capitalized with a $5 million ProgramRelated Investment from The Kresge Foundation and
a $25 million allocation of NeighborWorks Capital net assets
Eight proposals were invited to apply for in this inaugural round of $75 million foractivities that would expand an existing line of business add a complimentary businessline or a geographic expansion Applications have been received and are in underwritingWe look forward to announcing these SGF borrowers this Spring
New Customers
NC is proud to welcome six new customers to the NeighborWorks Capitalrsquos family in thepast year Each organization is addressing critical affordable housing needs in theircommunities with innovative housing solutions They include
A Community of FriendsLos Angeles CAHuntington Square Silver Star AptsWebsite httpwwwacoforg
CHDC of North RichmondRichmond CA Bartlett Plaza Bartlett TerraceWebsite httpchdcnrcom
CHIPChico CA Fox Run 2 (Self Help)Website httpchiphousingorg
2242016 Points of Impact from NeighborWorks Capital shy February 2016
Little Tokyo Service CenterLos Angeles CA Daimaru HotelWebsite httpltscorg
MANNA IncWashington DC Brightwood ApartmentsWebsite httpwwwmannadcorg
AHCArlington VA St James PlazaWebsite httpwwwahcincorg
See you in Atlanta
On February 22shy23 in Atlanta theNeighborWorks America will be hosting aspecial meeting of NeighborWorksorganizations who create and preserveaffordable forshysale and rental housing in theircommunities The NeighborWorks Capitalteam will be participating in this meeting andwill participate in several sessions to learn
more about trends and financing needs and discuss how NeighborWorksCapitalrsquos current and future products can assist NeighborWorks organizationswith their affordable housing projects Please come by our table at the meeting If you would like to schedule a meetingto discuss your financing needs while in Atlanta please contact
2242016 Points of Impact from NeighborWorks Capital shy February 2016
$100 million in flexible lending capital available for the NeighborWorks network Maintained operating sustainability of over 100
Meet NCs new Team Members
Sarah Geis Senior Loan OfficerEmail sgeisneighborworkscapitalorg Office 2408211651 x 211
We are pleased to welcome Sarah Geis to NeighborWorksCapital as Senior Loan Officer Sarah has over 17 years ofprogressive finance and management experience with inshydepth knowledge of community development affordablehousing and commercial real estate lending For the pastfour years Sarah was Director of Lending at Mile High
Community Loan Fund and prior to that she worked as Vice President CommunityDevelopment Lending at US Bank for ten years She has a BA cum laude fromBenedictine College and MBA from the University of Phoenix Sarah has held variousvolunteer positions in the Denver community most recently as Board member and BoardChair of Community Resources and Housing Development Corp (CRHDC) for 10 years
Stephen Peelor Senior Loan OfficerEmail speelorneighborworkscapitalorg Office 2408211651 x 206
We are also pleased to welcome Steve Peelor toNeighborWorks Capital as Senior Loan Officer Steve hasover 15 years experience in affordable housing finance andnonprofit management For the last three years he wasprincipal of Stage 11 Consulting engaged as Chief OperatingOfficer to transition a national nonprofit from startshyup to
sustainable operations and prior to that for thirteen years he was employed at CenturyHousing in the Los Angeles area initially as Director of Structured Finance then SVP ofLending and SVP of Strategy Prior to that he worked at City National Bank in LosAngeles He has a BA in metropolitan studies and a Master of Public Administration andFinance both from New York University
2242016 Points of Impact from NeighborWorks Capital shy February 2016
NeighborWorks Capitalrsquos new Strategic GrowthFund (SGF) received 33 proposals fromNeighborWorks organizations requesting over $42million in enterprise level capital earlier this summerThis fund is capitalized with a $5 million ProgramRelated Investment from The Kresge Foundation and
a $25 million allocation of NeighborWorks Capital net assets
Eight proposals were invited to apply for in this inaugural round of $75 million foractivities that would expand an existing line of business add a complimentary businessline or a geographic expansion Applications have been received and are in underwritingWe look forward to announcing these SGF borrowers this Spring
New Customers
NC is proud to welcome six new customers to the NeighborWorks Capitalrsquos family in thepast year Each organization is addressing critical affordable housing needs in theircommunities with innovative housing solutions They include
A Community of FriendsLos Angeles CAHuntington Square Silver Star AptsWebsite httpwwwacoforg
CHDC of North RichmondRichmond CA Bartlett Plaza Bartlett TerraceWebsite httpchdcnrcom
CHIPChico CA Fox Run 2 (Self Help)Website httpchiphousingorg
2242016 Points of Impact from NeighborWorks Capital shy February 2016
Little Tokyo Service CenterLos Angeles CA Daimaru HotelWebsite httpltscorg
MANNA IncWashington DC Brightwood ApartmentsWebsite httpwwwmannadcorg
AHCArlington VA St James PlazaWebsite httpwwwahcincorg
See you in Atlanta
On February 22shy23 in Atlanta theNeighborWorks America will be hosting aspecial meeting of NeighborWorksorganizations who create and preserveaffordable forshysale and rental housing in theircommunities The NeighborWorks Capitalteam will be participating in this meeting andwill participate in several sessions to learn
more about trends and financing needs and discuss how NeighborWorksCapitalrsquos current and future products can assist NeighborWorks organizationswith their affordable housing projects Please come by our table at the meeting If you would like to schedule a meetingto discuss your financing needs while in Atlanta please contact
2242016 Points of Impact from NeighborWorks Capital shy February 2016
NeighborWorks Capitalrsquos new Strategic GrowthFund (SGF) received 33 proposals fromNeighborWorks organizations requesting over $42million in enterprise level capital earlier this summerThis fund is capitalized with a $5 million ProgramRelated Investment from The Kresge Foundation and
a $25 million allocation of NeighborWorks Capital net assets
Eight proposals were invited to apply for in this inaugural round of $75 million foractivities that would expand an existing line of business add a complimentary businessline or a geographic expansion Applications have been received and are in underwritingWe look forward to announcing these SGF borrowers this Spring
New Customers
NC is proud to welcome six new customers to the NeighborWorks Capitalrsquos family in thepast year Each organization is addressing critical affordable housing needs in theircommunities with innovative housing solutions They include
A Community of FriendsLos Angeles CAHuntington Square Silver Star AptsWebsite httpwwwacoforg
CHDC of North RichmondRichmond CA Bartlett Plaza Bartlett TerraceWebsite httpchdcnrcom
CHIPChico CA Fox Run 2 (Self Help)Website httpchiphousingorg
2242016 Points of Impact from NeighborWorks Capital shy February 2016
Little Tokyo Service CenterLos Angeles CA Daimaru HotelWebsite httpltscorg
MANNA IncWashington DC Brightwood ApartmentsWebsite httpwwwmannadcorg
AHCArlington VA St James PlazaWebsite httpwwwahcincorg
See you in Atlanta
On February 22shy23 in Atlanta theNeighborWorks America will be hosting aspecial meeting of NeighborWorksorganizations who create and preserveaffordable forshysale and rental housing in theircommunities The NeighborWorks Capitalteam will be participating in this meeting andwill participate in several sessions to learn
more about trends and financing needs and discuss how NeighborWorksCapitalrsquos current and future products can assist NeighborWorks organizationswith their affordable housing projects Please come by our table at the meeting If you would like to schedule a meetingto discuss your financing needs while in Atlanta please contact
2242016 Points of Impact from NeighborWorks Capital shy February 2016
Little Tokyo Service CenterLos Angeles CA Daimaru HotelWebsite httpltscorg
MANNA IncWashington DC Brightwood ApartmentsWebsite httpwwwmannadcorg
AHCArlington VA St James PlazaWebsite httpwwwahcincorg
See you in Atlanta
On February 22shy23 in Atlanta theNeighborWorks America will be hosting aspecial meeting of NeighborWorksorganizations who create and preserveaffordable forshysale and rental housing in theircommunities The NeighborWorks Capitalteam will be participating in this meeting andwill participate in several sessions to learn
more about trends and financing needs and discuss how NeighborWorksCapitalrsquos current and future products can assist NeighborWorks organizationswith their affordable housing projects Please come by our table at the meeting If you would like to schedule a meetingto discuss your financing needs while in Atlanta please contact
2242016 Points of Impact from NeighborWorks Capital shy February 2016
