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Cincinnati Development Fund

1100 Walnut Street
Cincinnati, Ohio 45202

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Loan Pool VIII - Coming Soon

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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 1st 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

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