Building PA
Requirements
Download the guidelines for a complete understanding of the program and the requirements.
Overview
Provides mezzanine capital for developers for real estate assets in small to mid-sized Pennsylvania communities.
Guidelines
BuildingPA_guidelines-2012.pdf
Uses
Real estate development in small to mid-sized PA communities.
Funding
Loan amount cannot exceed the amount of equity in the project.
Eligibility
Industrial, commercial and multi-use projects.
Terms
Term of the loan can be no more than 10 years with a 25 year amortization. The current interest rate is posted here.
How to Apply
Through an approved fund manager. List of Fund Managers
Purpose of Funding
- Infrastructure
- Site Development - Business
