Development assistance

Our development assistance financing package covers project and affordability gaps.

This reduces delays in the construction process so you can complete your project on time.

Terms

You can get a 0% loan, secured with a note and mortgage.

When the project is completed

• The project gap financing is forgiven
• The affordability gap financing is secured by either:
  • Enrolling the property in a City-approved PAH program, or
  • Through a recapture note and mortgage

See the Development Assistance Manual