Initiative Capital provides strategic lending and investment through a variety of Loan Products, including the following: 

Resilient Communities Disaster Relief

Hurricane Matthew – Housing:

  1. Affordable Housing  – for developers of affordable housing (multi-family and homeownership) to accelerate the development of “shovel-ready” projects to expand access to affordable housing in areas impacted by the hurricane.
  2. Rental Housing Repair – for owners of rental housing whose properties were damaged in Hurricane Matthew.
    Please see our Resilient Communities Aff Housing:Rental Repair Flier for more information about eligibility and terms for both programs.

Small Business Relief – Matthew, wildfires, Tropical Storms Julia and Hermine:

Small businesses in any county affected by these disasters may be eligible for loans to help with recovery. Please see our Resilient-Communities:Smallbiz Flier for more information.

General Loan Products

Affordable Housing Financing
Providing a mix of products to support the development, rehabilitation and preservation of affordable housing, both multifamily and homeownership.

Community Development Financing
Providing the capital Community Based Development organizations need to finance community revitalization.

Enterprise Financing
Providing the working capital and other financing that underserved businesses and social enterprises need to survive and thrive.

Apply Now!

To assist us in processing your loan in an efficient manner, please complete our online application below. If you are unable to complete an online application, please click here for a paper application.  A checklist of items that will need be submitted is included in the loan application.

You may email the completed paper application package to lending@ncinitiative.org. Upon receipt of your completed application with supporting documentation, we will conduct an underwriting review and be in touch with next steps. If you have any questions, at any point in the loan process, please feel free to contact Tara Campbell at (919) 835-6002.

To continue with the online application for all loans please see below.

Many thanks to our sponsors

BB&T Oak Foundation Z Smith Reynolds Foundation Wells Fargo PNC Suntrust Kate B Reynolds Charitable Trust Local First Bank Fifth Third Bank First Tennessee Bank