Acquisition, Pre-Construction and Construction Financing for Affordable Housing & Community Hub Projects in New Brunswick
BuildNB provides quick and nimble capital for not-for-profit developers creating affordable housing projects, and community hubs. We can help fill equity gaps, provide bridge loans while waiting for grants to pay out, or provide drawdown loans during construction. The purpose of BuildNB is to remove capital barriers to building affordable housing in New Brunswick.
"This isn't the first time we have worked with Kaléidoscope. They know development, and assess opportunity quickly."
- Kit Hickey, Executive Director of Housing Alternatives Inc.