Equitable Wilmington offers lending resources and technical assistance for transformative projects such as building affordable housing and community facilities and supporting small businesses in key neighborhoods.
Equitable Wilmington CDFI Collaborative resources are available to non-profit and for-profit businesses and developers in Wilmington’s West, East and Northeast neighborhoods.
Loans: Capital available for predevelopment, acquisition, construction, bridge, mini-permanent loans to support the development of asset types such as:
- Affordable housing
- Small businesses
- Community facilities
- Healthy food access
Technical assistance: Technical assistance to prospective borrowers who are in need of additional assistance to obtain funding. Services available:
- Determining the financial feasibility of borrower projects or businesses
- Identifying additional capital sources
- Business plan development
- Organizational and strategic planning support
- Site Selection
- Lease Negotiations