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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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Concern Logan Affordable Housing 2021
Concern Logan Affordable Housing

The loan provides preliminary funding to support a planned low-income housing tax credit (LIHTC) development of affordable housing for families.

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Coastal Woods Affordable For-Sale Housing 2021
Coastal Woods Affordable For-Sale Housing by Lighthouse at Barnegat

PCG’s work with the Community Loan Fund of New Jersey, Leviticus 25:23 Alternative Fund, and Capital Impact Partners provides a $1,000,000 pari passu...

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Bridgeport Apartments Affordable Housing 2021
Bridgeport Apartments Affordable Housing

This $11,500,000 loan funds the borrower’s acquisition of Bridgeport Apartments, a 232-unit affordable housing project that will support the local...

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Baldwin park apartments 2021
Baldwin Park Apartments by Cesar Chavez Foundation

PCG’s work with Mercy Community Capital provides a $1,500,000 pari passu participation in a $3,285,000 loan that funds CCF’s acquisition of seven...

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Sacred Heart Support Corporation 2021
Sacred Heart Support Corporation

In addition to providing $1,000,000 in funding towards Sacred Heart Community Service’s (Sacred Heart) capital contribution to an NMTC funding...

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BRM Support Corporation 2021
BRM Support Corporation

PCG’s $7,000,000 and Mass Housing Investment Corporation’s $7,107,250 NMTC allocations fund the acquisition and adaptation of a vacant former nursing...

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JXTA Real Estate 2021
JXTA Real Estate

PCG’s $6,400,000 and Sunrise Bank’s $3,600,000 NMTC allocations supported Juxtaposition Arts, Inc.’s (JXTA) Campus Expansion.

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The Packing House 2021
The Packing House by 411 Dorchester Leverage Lender

PCG’s work with Reinvestment Fund (lead lender) and NeighborGood Partners provides a $1,750,000 pari passu participation in a $5,355,372 bridge loan...

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A&E Mixed-Use Campus Redevelopment 2021
A&E Mixed-Use Campus Redevelopment

PCG’s work with PIDC provides a $500,000 pari passu participation in PIDC’s $3,000,000 construction/predevelopment line of credit to HOK Community in...

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Workforce, Inc. Headquarters & Recycling Center 2021
Workforce, INC. Headquarters & Recycling Center

PCG’s work with IFF provides a $1,000,000 pari passu participation in a $7,489,600 New Market Tax Credit (NMTC) source loan. This loan funds a portion...

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The Skills Center Collaborative 2021
The Skills Center Collaborative

PCG’s work with Reinvestment Fund provides a $1,000,000 pari passu participation in the $5,960,000 loan to fund the acquisition and construction of...

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NuPower Cherry Street Fuel Cell 2021
NuPower Cherry Street Fuel Cell

PCG’s work with Capital For Change, the largest full-service CDFI in Connecticut, provides a $1,000,000 pari passu participation in a $3,200,00 loan...

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