NHB 2024 Annual Report

A cornerstone of our CDFI commitment is lending to local businesses and non-profit groups who are making a difference in our neighborhoods. These customers work with our local decision makers, in a shared endeavor to help people and businesses of New Haven County. SUCCESS STORIES IN LOCAL COMMERCIAL LENDING. Making our communities stronger. $350,000 Refinance of a high- interest rate commercial mortgage; New Haven, CT. $1,125,000 Purchase and renovation of 12-unit apartment building; West Haven, CT. $640,000 Cash out refinance of a residential investment property; New Haven, CT. $487,500 Acquisition of a three unit commercial building; Naugatuck, CT. $350,000 Finance renovations to single family residential property; New Haven, CT. $250,000 Extension of a commercial line of credit; Branford, CT. $665,000 Refinance of existing NHB commercial loan and funding of solar panel installation; New Haven, CT. $600,000 Equipment loan; Milford, CT. $750,000 Refinance of a commercial mortgage; New Haven, CT. $800,000 Multi-unit residential property acquisition by local non-profit; New Haven, CT. $373,125 Financed the purchase of a four-unit residential building; New Haven, CT. $1,000,000 Acquisition of a 12-unit apartment building; Milford, CT.