Arab American Family Services
Borrower:
Arab American Family Services
Community Value:
Providing quality office and program space for community social service agency.
Loan Product:
Minipermanent Mortgage and Construction loan
Project Completion:
2009
Amount:
$380,000
Location:
Bridgeview, Illinois
Narrative:
Arab American Family Services (AAFS) had changed locations three times and had outgrown the shared space lent to them by a bank. They needed a permanent office and program space for their organization, which helps clients break through language and culture barriers they face when seeking social services. When tightening credit markets stalled their traditional financing options, a $380,000 loan helped AAFS to create a permanent social service presence in their community.
More Information:
AAFS Website 
