Building PA (BPA)
Provides mezzanine capital for developers for real estate assets in small to mid-sized Pennsylvania communities.
Real estate development in small to mid-sized PA communities.
Loan amount cannot exceed the amount of equity in the project.
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
- Site Development – Business
- Commercial and multi-use projects