GRANT · HOW TO WIN THIS
Varies by project; examples include $4M construction and $4M permanent loans.
Rolling — no set deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
Competitiveness is unclear from public information, but NLP is a lending consortium backed by multiple banks, suggesting meaningful capital capacity.
As a CDFI lender rather than a grant program, approval depends on your project's underwriting strength and alignment with affordable housing or community development goals. Loan amounts vary and are structured per project, as shown by a $4M construction loan example.
WHAT IT TAKES
Review NLP's loan products to identify which fits your project — 1-2 hours
Contact NLP directly via email or phone to discuss your project — 1 week
Submit a loan inquiry and go through underwriting — Several weeks
WORTH KNOWING
NLP also administers SHIP, CDBG, and HOME funding alongside private loans, so if your project qualifies for public subsidy programs, NLP may be able to layer multiple funding sources.
MORE LIKE THIS
Community 1st Credit Union
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Iowa-based small businesses and startups can apply for business loans through this CDFI credit union on a rolling basis.
Afena Federal Credit Union
Varies; personal and business loans from $200 up to undisclosed amounts depending on product.
Small businesses and startups in Indiana can access loans through this CDFI credit union, with no stated identity restrictions.
The Bridgeway Federal Credit Union
Varies; specific loan amounts not published.
Small businesses and startups in Alabama can apply for loans on a rolling basis through this CDFI credit union.
$50B+ in available capital across grants, VC funds, CDFIs, and accelerators. Filter by your industry, stage, and region, and see everything you qualify for.
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