Urban Land Conservancy financed the acquisition for Habitat for Humanity’s Home Improvement Outlet. ULC provided Habitat with a below market bridge loan. Consequently the home improvement outlet remained open to the public, providing a valuable source of cash flow to the organization. Then, in 2008 Habitat for Humanity fully repaid the bridge loan to ULC.
Written on October 10, 2011 at 2:03 am
ULC helped finance the acquisition of Habitat for Humanity of Metro Denver’s Denver Home Improvement Outlet, located at 70 Rio Grande Boulevard, by providing Habitat with a below market bridge loan. As of April 2008 the bridge loan has been fully paid back to the ULC.
ULC helped finance the acquisition of Habitat for Humanity of Metro Denver’s Denver Home Improvement Outlet, located at 70 Rio Grande Boulevard, by providing Habitat with a below market bridge loan. As of April 2008 the bridge loan has been fully paid back to the ULC.
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