financing takes the form of low interest rate loans and soft equity investments,
which can save the borrower or property owner 25% or more of the amount
of the financing over the seven year term of the investment.
financing is available only to projects that would not happen -
that would not be economically feasible - without the low cost financing
provided by this program. Projects that make use of other
forms of assistance, in the form of city, state, or federal funding,
or foundation or donor support, are considered favorably by NMR.
NMR will fund construction and redevelopment costs, but not property