CENTRANT COMMUNITY CAPITAL
Website: https://centrant.org/
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.