March 18, 2021
In March 2021, NIIF closed a $465,000 mortgage loan to support ownership and occupancy of the former Littlepages Furniture Store on West Baltimore Street in Pigtown […]
February 12, 2021
In February 2021, NIIF partnered with Opportunity Fund, the nation’s largest nonprofit small business lender, and Baltimore Development Corporation to deliver loans under the Paycheck Protection […]
January 5, 2021
In December 2020, NIIF closed a $1.7 million construction loan to support the redevelopment of the former Odell’s nightclub located at 21 E. North Avenue in […]
November 2, 2020
In February 2021, NIIF joined with Reinvestment Fund and the Housing Authority of Baltimore City to provide predevelopment financing to McCormack Baron Salazar for the first […]
September 30, 2020
In August 2020, NIIF extended a $1.4 million acquisition / bridge loan to the Mary Harvin Transformation Center, an affiliate of Southern Baptist Church, to support the acquisition of property for the future development of Southern Village […]
August 25, 2020
In July 2020, NIIF closed a $1.8 million loan to support the acquisition of Holly Lane Apartments, a 170 unit affordable apartment complex located on Crenshaw […]
April 15, 2020
In March 2020, NIIF extended a $1.9 million bridge loan to support infrastructure and tenant improvements in conjunction with the renovation of the Hoen Lithograph Building […]
February 25, 2020
Arctaris Impact Investors, LLC (Arctaris) has announced the launch of Arctaris Baltimore, a $25 million business lending fund to invest in Baltimore’s neighborhoods, in partnership with The Abell […]
January 10, 2020
In December 2019, NIIF extended a $1 million bridge loan to support predevelopment expenses for the the planned Southern Streams Health and Wellness Center to be built on North Chester Street […]
January 10, 2020
In December 2019, NIIF extended a $2 million low cost loan to Baltimore Community Lending (BCL), an established Community Development Financial Institution with a 30-year history […]
November 1, 2019
Paul’s Place, a longstanding nonprofit service provider in Southwest Baltimore, has launched construction of Groundwork Kitchen, a new, 15,000-square foot culinary arts training facility and restaurant […]
November 1, 2019
In September 2019, Mayor Jack Young, Councilmember Mary Pat Clarke and others joined co-sponsors Govans Ecumenical Development Corporation (GEDCO) and Commercial Development in the groundbreaking for […]