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Our Projects

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Development

Portfolio & Borrowers

Partners for the Common Good is a catalytic force in community development finance, strategically deploying capital to improve the lives of individuals, families, and communities both domestically and internationally. 

Through targeted financing, we support a diverse array of high-impact projects—ranging from affordable multifamily and single-family housing developments to charter schools in underperforming districts, community-based healthcare centers, and critical social service infrastructure in economically distressed areas. 

Our international lending supports microfinance institutions that extend access to capital in underserved global markets, further amplifying our reach and impact.

As of December 31, 2023, our active loan portfolio reflects our mission-driven priorities:

  • 53% allocated to affordable housing, addressing the growing national crisis in housing availability and affordability;
  • 36% directed toward community facilities—including schools, clinics, and social service hubs—that provide essential services in low-income neighborhoods;
  • 10% invested in commercial real estate projects that stimulate economic revitalization and job creation;
  • 1% supporting international microfinance institutions working to expand financial inclusion in developing regions;
  • and less than 1% in working capital loans designed to support the liquidity needs of mission-aligned organizations.

 

%

of projects addressed environmental and climate sustainability

%

of projects supported individuals with disabilities

%

of loans went to women-led borrowers

Communities Served

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Humanmade

In 2019, Humanmade launched its $2.5 million open‑access makerspace—backed by a $1.3 million loan and Partners' $300,000 participation—equipping former TechShop members and underserved San Franciscans with tools and training.

Partners’ borrowers focus on serving the most economically disadvantaged areas in the U.S. In 2023, 15 projects originated in census tracts meeting the CDFI Fund’s Investment Area criteria, while 10 projects were located in census tracts meeting the stricter New Markets Tax Credit (NMTC) Severely Distressed criteria. Additionally, four projects each were situated in Persistent Poverty Counties and Qualified Opportunity Zones. On average, census tracts with Partners-financed projects exhibited a 20.4% poverty rate and an 11.99% unemployment rate, both more than double the national average.

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Horizons science academy 2022
Horizons Science Academy

PCG provided a $500,000 pari passu participation for a $1,000,000 total loan to acquire and repurpose a vacant commercial property into a school...

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Union Collective 2022
Union Collective by 1700 West 41st Street

The project provides office and manufacturing space to small businesses in the Medford neighborhood of Baltimore, which is targeted for redevelopment...

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TCB Beacon 2022
TCB Beacon

The loan is PCG Capital fourth loan with Leviticus Fund (Leviticus). The 254-unit development in East Harlem will provide affordable and supportive...

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Timberview 2022
Timberview by Louis Lukondi

Through his entity Bootes Holdings, Louis Lukondi, will use the funds for the construction of a workforce/affordable housing building in Trinidad, CO...

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New Urban Development Pipeline 2022
New Urban Development Pipeline

This loan was PCG Capital’s seventh loan in partnership with Housing Partnership Network (HPN) to fund the creation of more than 640 affordable...

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High Street 2022
High Street by The Neighborhood Development Company

PCG Capital participated $780,000 towards a $1,560,000 loan to acquire land to predevelop a 28 unit mixed-income condominium building in the Anacostia...

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Hallmark Willow Creek 2022
Hallmark Willow Creek

PCG Capital participated with the Housing Assistance Council (HAC) to deliver a $1,467,000 total loan to preserve and rehabilitate a USDA Section 515...

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Euckal Apartments 2022
Euckal Apartments by Jubilee Housing

PCG Capital financed $1,750,000 of a total loan of $17,458,671 with Enterprise to bridge equity installments connected to federal and state Low Income...

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Buffalo and Cactus Senior Housing 2022
Buffalo and Cactus Senior Housing by Nevada Hand

PCG Capital and Community Housing Capital (CHC) collaborated to deliver a total loan of $3,132,250. PCG Capital provided a $500,000 loan. The funds...

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Bienestar estates 2022
Bienestar Estates

PCG Capital’s collaboration with Community Housing Capital (CHC) resulted in a $1,275,000 acquisition, construction, and development loan to Comité de...

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Afton Avenue Apartments 2022
Afton Avenue Apartments

The line of credit was used to plan and finalize the development of vacant land into an affordable housing property creating 150 units with rent...

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Highland Terrace II Affordable Housing 2021
Highland Terrace II Affordable Housing

Working with National Housing Trust, PCG provides a $375,000 pari passu participation in a $750,000 loan to fund the acquisition of a vacant textile...

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