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Neighborhood Recovery
Community Lending
Land Banking
Transit Corridors
Strategic Acquisition
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Our Initiatives

Community Lending

New Construction of Affordable Housing

TCC Land Bank provides financing to nonprofit and for-profit developer partners interested in new construction of healthy, affordable, green, sustainable housing in distressed communities.  In order to further neighborhood recovery, TCC Land Bank provides developer partners market rate, short term debt that can be partnered with other capital sources or used solely to build single family or multifamily properties in adherence to Minnesota Green Communities Standards and employment utilization requirements.  Homebuyers would be required to meet income qualifications of no more than 115% AMI, renters no more than 80% AMI.

Back to Community Lending Overview.

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TCC Land Bank provides loans and grants to the community.
 

New ConstructionPreservationAcquisition
homebuyerCommercialEnvironmental
Click on the boxes above to learn more.
 
The map above highlights TCC Land Bank property acquisition and loan activity with our partners.  Click on map for larger image.