Baltimore Community Lending

The commercial redevelopment projects we’ve financed have brought about major renovations to historic buildings and have provided affordable housing to many in our community. We have also financed a multitude of smaller projects throughout Baltimore for individual homeowners and small investors.

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Selected Projects

	The Riviera – Reservoir Hill Number of units – 54 market rate Total development costs - $8.2 million BCL Loan - $1.2 million
	Lancaster Square – Fells Point Total square footage – 26,000 sq. ft. Total development costs - $5.4 million BCL Loan - $4.2 million
	Pembroke Commons – Franklin Square Number of units – 8 low/mod units Total development costs - $0.9 million BCL Loan - $0.3 million
	Brunt Manor – Druid Heights Number of units – 14 low/mod homeownership units Total development costs - $1.6 million BCL Loan - $0.8 million
	Spicer’s Run Bolton Hill Number of units – 86 market rate homeownership units Total development costs - $13.6 million BCL Loan - $4.7 million ($2.0 million revolver)
	Cecil Apartments – State Center Number of units – 65 market rate Total development costs - $7.2 million BCL Loan - $4.0 million
	300 North Charles Street Number of units – 36 market rate Total development costs - $7.4 million BCL Loan - $5.0 million $3.5 mil/construction loan $1.5 mil bridge loan