QUALIFIED PROJECTS: New construction or renovation of market rate or affordable housing.  Projects can be mixed-use and commercial

TARGET MARKET: Greater Cincinnati Region, Hamilton, Butler, Clermont, Boone, Kenton and Campbell Counties.

LOAN AMOUNT: Typical loans range between $250,000 and $5,000,000, loan amount may not exceed 90% of the total development cost

LOAN TYPE: Construction and Permanent financing provided under one note, and with one closing

LOAN TERM: 12 - 24 month construction period with a maximum 20-year term with up to a 30-year amortization

LOAN-TO-VALUE: 80%

COLLATERAL: Secured with a 1^st Mortgage

BENEFITS:  Attractive rates – Prime rate during construction, Up to a 30-year amortization, Convenience and cost savings of one closing

For more information, contact CDF