KALEIDOSCOPE LOANS

Social Finance Programs

Kaleidoscope 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. Kaleidoscope helps with acquisitions, pre-development financing, and drawdown loans for bridge financing during construction.  Pre-Construction & Construction Financing for Affordable Housing & Community Hub projects.

"This isn't the first time we have worked with Kaleidoscope. 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