Community Development Loans

NorthStar Property Corporation of PA was able to refinance a loan on a building that houses the administrative offices for NorthStar Youth Services. NorthStar Youth Services provides a community home program for dependent children. Children are provided with counseling and other services, attend public school, and are encouraged to participate in school activities. When possible, the agency also facilitates the return of children in their program to families or relatives. At the time of the loan, there were 68 youths between the ages of 8 and 17 in the community home program.

 

Residential Housing

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We provide 30-year financing for low and middle-income housing projects. (not to individual homeowners).
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Community Development

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We provide 30-year financing for non-profits for facilities that will contribute to the area's development and economic well-being.
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Mixed-Use Loans

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For facilities that offer both housing and community development activities, we provide 25-or 30-year loans.
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Our Interest Rates

Non-Profit: 5.75%
For-Profit: 6.25%

Rates are subject to change without notice.