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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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New Century Academy 2021
New Century Academy

PCG’s work with Charter Schools Development Corporation (CSDC) provides a $500,000 pari passu participation in a $1,150,000 loan to fund the purchase...

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Williamsburg Court Affordable Housing 2021
Williamsburg Court Affordable Housing

PCG’s work with Leviticus (lead lender) and Capital Impact Partners provides a $1,187,782 pari passu participation in a $6,627,826 acquisition and...

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Way Finders Affordable Housing 2021
Way Finders Affordable Housing

PCG’s work with Housing Partnership Fund (lead lender) fills WFI's funding gap by providing a $1,000,000 pari passu participation in a $3,000,000 long...

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The Rochester Affordable Housing 2021
The Rochester Affordable Housing

The loans fund the construction of an affordable housing project that provides 64 housing units serving 161 individuals.

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Grand Concourse Building 2021
2064 Grand Concourse

This $2,880,000 loan funds TCB 2064 Grand Concourse Limited Partnership’s acquisition and predevelopment of a two-story building in the Bronx, NY to...

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Nevada H.A.N.D.'s Decatur & Pyle Affordable Apartments 2021
Nevada H.A.N.D.'s Decatur & Pyle Affordable Apartments

This $7,726,500 loan funds the land acquisition and predevelopment costs for a planned affordable apartment development in Las Vegas, NV by HAND...

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Green Era 2020
Green Era

The project will reduce risks to the health of the community and will create a new sustainable industry job creation. The project will encourage new...

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SACA Development 2020
SACA Development

PCG worked in collaboration with locally based Community First Fund and LINKBANK to finance the project. PCG and Community First Fund each financed...

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Kilpatrick Woods 2021
Kilpatrick Woods by PB Hagerstown

PCG’s portion of the participation financing is $1,117,500 - part of a total loan of $3,635,000 with National Housing Trust as lead lender to...

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Allied Housing 2021
Allied Housing

In 2017, Community Vision and PCG partnered to provide a $3,303,000 loan to Allied Housing to purchase a 24-unit building in the Fruitvale area of...

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Abode Communities Enterprise Loan 2021
Abode Communities Enterprise Loan

The organization requested a $3,000,000 line of credit to assist with the predevelopment expenditures of current and future projects. This line of...

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Rochester Housing Development Fund 2021
Rochester Housing Development Fund

This participation is PCG’s sixth round as a lending partner with Chase, other CDFIs, local nonprofits, and multiple banks. The lending facility pools...

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