In 2020, IMPACT Community Capital LLC launched a new mortgage loan strategy – its first short term strategy and its first focused on the preservation of existing affordable housing. With short term lending options, IMPACT has been able to assist buyers and developers of multifamily affordable housing buildings with the financing needed to preserve or restore preexisting affordable units.
IMPACT’s unique short term strategy creates positive change in affordable housing preservation, providing financing solutions for the owners and developers of existing affordable housing buildings to ensure they can continue to stay affordable.