Building PA (BPA)
Overview
Provides mezzanine capital for developers for real estate assets in small to mid-sized Pennsylvania communities.
Uses
Real estate development in small to mid-sized PA communities.
Eligibility
- Industrial
- Commercial and multi-use projects
Funding
Loan amount cannot exceed the amount of equity in the project.
Purpose of Funding
- Infrastructure
- Site Development – Business
Terms
Term of the loan can be no more than 10 years with a 25 year amortization. View our current interest rates on our Commonwealth Financing Authority (CFA) webpage.
How to Apply
Through an approved fund manager. List of Fund Managers