Mission: The mission of baltimore community lending is to support revitalization and strengthening of underserved baltimore neighborhoods through innovative and flexible financial assistance designed to foster community development.
Programs: Community development loan portfolio management:maintain, manage, and service approximately 50 community development loan assets totaling approximately $11 million and representing in excess of 600 affordable housing units. Counsel and advise existing borrowers concerning loan compliance best practices, and assist struggling borrowers to identify available remedies in the event of payment and/or performance challenges.
community development lending:provided in excess of $2. 9 million in loan fund commitments under bcl'scommercial/multi-family program for development in lmi communities.
community impact program development:assisted prospective developers, for profit and nonprofit, through one on one and group technical assistance on the development process, evaluating rehabilitation project feasibility, financing rehabilitation projects and construction management. Conducted a series of free development workshops on these topics throughout the year.