Acquisition and Preservation

NOAH’s Acquisition and Preservation Loan Products provide affordable, flexible financing for acquiring and preserving affordable housing. The fund is comprised of capital from four banks which is blended with lower cost philanthropic and public capital.

Project Types

• Multifamily rental housing with expiring federal rental subsidies (HUD or RD) or Section 42 tax credits approaching the end of the contract compliance period.
• Mixed use development with a housing component, provided that the effective gross income from commercial tenants cannot exceed 20% of the total effective gross income.
• Acquisition of market rate property, unrestricted by regulatory agreements, with the intent to transition to affordable housing.
• Acquisition of land that will have affordable housing development.
• Acquisition of manufactured home parks.

Click here to download a detailed summary matrix of all available loan products and terms.

For More Information

For further information, to submit an application, or to discuss alternative financing options, please contact:
.(JavaScript must be enabled to view this email address), Deputy Director and Director of Lending