KALEIDOSCOPE LOANS

Social Finance Programs

Kaléidoscope Social Impact offers many types of loans through social finance programs. Check out below to see what we can offer!

BuildNB

Pre-Construction & Construction Financing for Affordable Housing & Community Hub Projects in NB

BuildNB provides quick and nimble capital for creating, acquiring, or otherwise introducing/preserving affordable housing in New Brunswick. We can help with acquisitions, pre-development financing, and drawdown loans for bridge financing 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.

WHAT WE OFFER

• Loans for Acquisition
• Drawdown Loans for Pre-Construction and Construction Phases
• Bridge Loans
• Support & Mentorship

WHAT WE REQUIRE

• Articles of Inc. or Charitable Status
• Bios of Your Board and Management
• A Business Plan
• Your Most Recent Financial Statements
• A Budget & Financial Projections
• PID & Property Appraisal

WE MAY ALSO NEED

• Past Experience as a Developer
• An Environmental Assessment
• Architectural Drawings
• Engineers Report
• Surveyors Report

LET'S GET BUILDING