Borrower Stories
Through PCG’S GAP Loan Program, PCG worked with Legacy Bank & Trust and Locke Capital to leverage Legacy Bank’s $3,275,000 funding with a PCG funded $400,000 subordinate tranche in Legacy Bank’s $3,675,000 loan. The loan refinanced short-term acquisition financing, will retain 97 units of Read More
Champlain Housing Trust (CHT) is a community land trust that supports strong, vital communities through the development of affordable homes and neighborhoods. With a loan from PCG, they redeveloped Burlington, Vermont’s South Meadow Development affordable housing complex.
Comite de Bien Estar provides affordable single-family homes to local farmworkers in the Arizona-Mexico border city of San Luis. PCG's loan will fund up to 40 new homes for low- and moderate-income families.