Organization: BOWDOIN APARTMENTS CORPORATION
Mission: TO SUPPORT AFFORDABLE HOUSING THROUGH BELOW MARKET RATE LOANS AND GRANTS AND FACILITATE TECHNICAL ASSISTANCE THROUGH THE DUE DILIGENCE PROCESS TO 501(C) ORGANIZATIONS.
Activities: THE PROGRAM SERVICE ACTIVITY IS THE SUPPORT OF RESIDENTIAL HOUSING IN TERMS OF LOANS AND COUNSELING. DURING THE YEAR ENDED SEPTEMBER 30, 2020, THE ORGANIZATION MADE LOW INTEREST PREDEVELOPMENT LOANS IN THE AMOUNT OF $300,000 AND ITS LOAN PORTFOLIO BALANCE AT SEPTEMBER 30, 2020 WAS $769,900. THE ORGANIZATION ALSO MADE 20 GRANTS TO OTHER 501(C) ORGANIZATIONS THAT HAVE SIMILAR PROGRAMS.
NTEE category: Housing & Shelter
Secondary category: Food, Agriculture & Nutrition