Centrant Community Capital is a mission-driven lender, leveraging the resources of the banking industry to finance the creation and preservation of qualify affordable housing.
Established in 1990, Centrant provides first-lien, permanent financing for apartment communities that are affordable to low- to moderate income households. All funding for Centrant’s loans is provided by a network of nearly 100 member banks, which provide voluntary loan-by-loan participation commitments to support their individual lending, CRA and investment goals. This consortium model enables member banks of all sizes to support community reinvestment efforts in the markets they serve in a safe, profitable manner.
To date, Centrant Community Capital has provided $425 million in loans to support the development of 23,000 units in over 400 apartment communities across the Southeast.
A 64-unit senior housing development in Raleigh. The development provides 26 two-bedroom units and 38 one-bedroom units to seniors with low- and moderate-income.
A 48-unit senior rental development in Conover. The project provides 36 one-bedroom units and 12 two-bedroom units to seniors earning 50% and below of the area median income. Five of the units were created for persons who are living with mental illness or developmental disabilities, or who are recovering from substance abuse.
A 40-unit multifamily housing development in Brevard. The development provides 4 one-bedroom units, 24 two-bedroom units, and 12 three-bedroom units to low- and moderate- income groups.
A 33-unit multifamily housing development in Bessemer City. An adaptive reuse of a former elementary school, the development now provides 13 one-bedroom units, 16 two-bedroom units and 4 three-bedroom units to families with low- and moderate- income.
A 68-unit senior project in Greensboro. The development includes 60 one-bedroom units and 8 two-bedroom units.
A 35-unit multifamily housing complex in Beaufort. The development provides 21 two-bedroom units and 14 three-bedroom units to households earning 60% or less of the area median income.
A 60-unit new construction, multifamily housing complex in Sanford. The project is providing 42 two-bedroom units and 18 three-bedroom units available to households with low- and moderate- income.
A 106-unit multifamily rental community in Concord. The development has 62 two-bedroom units, 36 three-bedroom units, and 8 four-bedroom units affordable to households with low- and moderate-income.
A 72-unit multifamily complex located in Lumberton. The development will provide 8 one-bedroom units, 48 two-bedroom units, and 16 three-bedroom units affordable to families with incomes at 50%/60% of the area median income.
A 76-unit, new construction, multifamily housing development in Knightdale. The project will reserve 12 one-bedroom units, 36 two-bedroom units, and 28 three-bedroom units affordable to households with low- and moderate-income.
