Community Development
Community Development not only provides loans to
assist in community development, but also
extends the outreach of BPD to the communities
which it serves. In addition to these
participating services (memberships to numerous
not for profit organizations), the unit also
provides loans to develop affordable housing
projects, both 'for sale' housing and rentals
for both seniors as well as family projects,
community development projects that will bring
both services, and or jobs to the community.
These developments are facilitated through the
loan programs of BPD. Construction loans of 12-
24 month duration will be provided on a floating
rate basis. Permanent loans on either a fixed
rate or floating rate basis will be offered on
qualified projects with terms of up to 10 years
and on amortization schedules of up to 30 years.
Conventional Real Estate
Conventional Real Estate lending will also be
provided for both construction loans and
permanent loans. Projects will include
construction for tract housing 'for sale'
developments, multi-family rental housing, and
commercial and retail developments. Permanent
loans will be provided for 'cash flow' projects
on the above. Industrial and warehouse will be
reviewed on a 'case by case' basis.
Corporate Lending
Our Corporate Lending program offers all the
traditional business credit products such as
lines of credit, term loans,
owner-occupied/commercial real estate loans and
letters of credit. We concentrate our efforts in
our primary and secondary markets, and provide a
complement to the Bank's other lending and
depository activities.
To request more information via email, Click Here
DOMESTIC LENDING