Neighborhood Lending Partners, Inc.

Name

Neighborhood Lending Partners, Inc.

Legal name

Neighborhood Lending Partners, Inc.

Website

https://nlp-inc.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Community Development Lending

NAICS

Mortgage and Nonmortgage Loan Brokers (52231), Residential Property Managers (531311), Nonresidential Property Managers (531312)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

SBA/USDA Government-Backed Loan Intermediation (FSAEAEAI)

Keywords

• Affordable housing finance
• Community development lending
• CDFI loan programs
• Multi-family construction loans
• LIHTC loan pools

Headquarters

HQ city

Tampa

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Loan Interest Income: Interest income from multi-family construction, acquisition/rehabilitation, permanent, single-family A&D, economic development, and housing preservation loans originated through the Member Loan Pool and CDFI Loan Pool. Construction loans are generally interest-only with 12-24 month terms; permanent loans have up to 35-year amortization.
2. Loan Servicing & Loan Administration Fees: Fee-based revenue from loan underwriting, loan servicing, construction draw monitoring, property monitoring, rental compliance, site visits, annual property performance reviews, and loan portfolio management on behalf of county governments and housing finance authorities. Initiated in-house loan servicing in 1993-1997 to create an additional revenue stream from loan servicing.
3. Program Management & Grant Administration: Fee income from administering government and CRA programs such as the City of Tampa Facade Program (2010-2013), Lake Worth CRA Small Business Opportunity Fund, Orange County revolving loan program, Riviera Beach CRA Small Business Opportunity Fund, and HUD NSP2 program income.
4. CDFI Grant Funding: Federal grants received from the U.S. Department of the Treasury CDFI Fund (multiple awards), HUD NSP2 ($50M), Capital Magnet Fund ($7M in 2022), and ERP CDFI Award, used to capitalize lending pools and expand affordable housing impact.
5. Loan Sale / Secondary Market Gains: Revenue from secondary market loan sales (e.g., $27M in 11 loans in 2000; $30M in 10 loans later) used to revolve loan capital.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels12 records

Core offering

Neighborhood Lending Partners, Inc. (NLP) operates a certified CDFI lending consortium of 35 banking institutions that originates construction, construction-to-permanent, permanent, and acquisition/rehabilitation loans for affordable multi-family and single-family housing developments, as well as economic development loans for non-profit and commercial facilities. It administers a LIHTC loan pool subscription program, secondary loan pools (CDFI Loan Pool, Member Loan Pool), and provides loan administration, underwriting, construction draw monitoring, rental compliance, and property inspection services to county governments, housing finance authorities, and CDFIs in Florida and Georgia.

Product overview

Neighborhood Lending Partners, Inc. (NLP) operates as a single integrated lending platform — a certified CDFI lending consortium of banking institutions that finances affordable housing and community development across Florida and Georgia. The platform is organized around two core loan pools: the Member Loan Pool (private, for first mortgages) and the CDFI Loan Pool (government-funded, for second mortgages). Its modular product portfolio comprises the Multi-Family Rental suite (Construction/Rehabilitation, Construction/Permanent, and Permanent-Only Financing), the Real Estate-Based Economic Development Loans, Single-Family Construction Revolving Lines of Credit, the Low Income Housing Tax Credit (LIHTC) Loan Pool, the Florida Minority Impact Housing Fund (FMIHF), the Neighborhood Stabilization Program (NSP2), the EQ2 Program, the City of Tampa Facade Program, and the Greater Miami Business Opportunity Fund (Small Business Lending Initiative). Supporting these offerings is a Loan Administration Services layer that handles underwriting, loan closing, construction draw monitoring, property monitoring, rental compliance, and annual property performance reviews, alongside County Loan Underwriting & Servicing and Borrower Education services that NLP delivers to local governments and housing finance authorities.

Differentiator

Problem solved

Functional benefit

Brands

• Florida Minority Impact Housing Fund (FMIHF): Dedicated loan program administered by Neighborhood Lending Partners that provides loan programs and products for the development of affordable housing for low- and moderate-income families in minority communities and to increase the capacity of Florida-based minority-led non-profit housing developers.

Products and services

• Multi-Family Rental Construction / Rehabilitation Loans Interest-only construction loans (typically 12–24 month terms), often in partnership with other banks, to build new and preserve existing multi-family affordable housing developments using 9% LIHTC and/or other subsidies. Typical loan size is $5,000,000 or less, with larger loans considered case-by-case.
• Multi-Family Rental Construction / Permanent Loans

Quantifiable outcome

• More than $1 billion in total investments for Florida's under-served communities
• +5 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

16 partnerships are on record, tiered moderate, flagship and core.

• Atlanta Land TrustmoderateStrategic or Co-development Partner · 1 October 2019NLP sponsored an AHP application with the Federal Home Loan Bank of Atlanta for an Atlanta Beltline Westside Trail project: 23 townhomes and condominiums in four three-story buildings on a 1.8 acre tract near the Oakland City MARTA station. Units set aside for families earning 80% or less of AMI.
• Federal Home Loan Bank of AtlantaflagshipStrategic or Co-development Partner · 1 December 2016Neighborhood Lending Partners of Florida, Inc. announced membership with Federal Home Loan Bank of Atlanta in December 2016. NLP sponsored an AHP application with FHLB Atlanta for the Atlanta Beltline's Westside Trail townhomes project and is a partner of the Community Rebuild and Restore Program for disaster-affected homeowners. FHLBA awarded $415,458 to NLP for Grove Pointe (2017 AHP). NLPGA held its first organizational meeting at FHLB Atlanta on June 17, 2021.
• City of TampacoreImplementation/ SI/ Consulting Partner · 1 April 2016Joint project with Tampa Housing Authority to develop Beacon Homes (13 new units along N. 34th Street and E. 28th Avenue in East Tampa). Financed through City of Tampa and the Florida Minority Impact Housing Fund (FMIHF). Also managed City of Tampa's Facade Program 2010 through 2013 and continues to provide loan underwriting services.
• Lake Worth CRAmoderateImplementation/ SI/ Consulting Partner · 1 August 2015Partnership announced in August 2015 to invest in the community, revitalize and rebuild neighborhoods and commercial corridors. Lake Worth CRA designated a loan fund; NLP administers the loan fund; Paragon (another Florida CDFI) provides training and technical assistance to participating small businesses.
• Paragon (Florida CDFI)moderateImplementation/ SI/ Consulting Partner · 1 June 2015Partnership signed in 2015 for Paragon to provide technical assistance to borrowers applying for The Riviera Beach CRA Small Business Opportunity Fund, including marketing, management, finance and strategic planning assistance. NLP administers the loan fund; Paragon provides training and technical assistance.
• VEDC (Valley Economic Development Center)coreImplementation/ SI/ Consulting Partner · 1 January 2014Partner in the Small Business Lending Initiative launched in 2014-2018 with $5 million Line of Credit from UBS. Debra Salas (NLP) co-presented 'VEDC's Here's the Money! How to Get Capital for your Business' workshops at Small Business Expo Miami 2016.
• Florida Housing Finance CorporationflagshipStrategic or Co-development PartnerKey funding and co-development partner for many NLP-financed affordable housing developments across Florida, including Hawthorne Park (120-unit senior complex in Orlando), Autumn Ridge Apartments, Kenwood Place, Marianna Crossings, Auburn Village, Brandon Palms, and Blue Sky Brandon. Provides subordinate HOME Loans and other funding.
• Hillsborough CountymoderateImplementation/ SI/ Consulting PartnerPartner on multiple affordable housing developments including Auburn Village (Polk County/SHIP funding), Brandon Palms, Sanctuary Lofts (City of Tampa renovation project), Autumn Ridge Apartments (Palm Beach County), Cameron Preserve, and Blue Sky Brandon (Hillsborough County). NLP also administers Hillsborough County's SHIP program and historic preservation work.
• 35 Member Banks (Lending Consortium)flagshipChannel Partner/ Reseller/ Distributor35 total member banks across Florida, Georgia, and both states combined: Axiom Bank, Ameris Bank, American Commerce Bank, American Momentum Bank, Bradesco/BAC Bank, Banesco USA, Bank of America, Bank OZK, The Bank of Tampa, BankUnited, Bank South, BB Americas Bank, Cadence Bank/BanCorp South, Capital City Bank, Centennial Bank, Citizen's Trust Bank, Cogent Bank, The First Bank/Renasant Bank, First Citizens Bank, First Foundation Bank, First Horizon, Flagship Community Bank, Grove Bank, Helm Bank, Ocean Bank, PNC Bank, Raymond James Bank, Republic Bank, SouthState Bank, Synovus Bank, TD Bank, United Community Bank, Valley National Bank, Wells Fargo Bank, Woodforest Bank.
• Florida Housing CoalitionmoderateStrategic or Co-development PartnerPartner in the Community Rebuild and Restore Program. As a member of FHLB Atlanta, NLP partners with the Florida Housing Coalition to assist homeowners affected by major disasters (including Hurricane Michael). Provides forgivable loans of up to $10,000 per household.
• Wendover Housing PartnersflagshipStrategic or Co-development PartnerLong-time developer customer and partner. NLP partnership with Wendover on Warley Park and Durham Place (102-unit affordable housing development in Edgewood for formerly homeless and special needs). NLP provided $4,000,000 Construction Participation Loan with Wells Fargo and $4,000,000 Permanent Loan for Hawthorne Park (120-unit senior complex in Orlando) in partnership with Wendover.
• Opportunity Finance Network (OFN)flagshipStrategic or Co-development PartnerIndustry association partner. OFN's Finance Justice Fund awarded NLP a $500,000 loan and administrative grant. NLP attended OFN's Advocacy Day 2017 in Washington DC with meetings with Representatives on Capitol Hill. OFN logo displayed on NLP website as endorsing/trade partner.
• Pasco CountycoreImplementation/ SI/ Consulting PartnerCo-recipient of HUD NSP2 $50,000,000 grant as part of Florida Suncoast Housing Partners consortium (with NLP of West Florida, Pinellas County and Pinellas County Housing Authority). Funds used to purchase, rehabilitate or demolish foreclosed and abandoned homes and multi-family dwellings in the bay area.
• Pinellas CountycoreImplementation/ SI/ Consulting PartnerCo-recipient of HUD NSP2 $50,000,000 grant as part of Florida Suncoast Housing Partners consortium.
• Pinellas County Housing AuthoritycoreImplementation/ SI/ Consulting PartnerCo-recipient of HUD NSP2 $50,000,000 grant as part of Florida Suncoast Housing Partners consortium. Norton Apartments was renovated under the NSP2 program in Pinellas County.
• Tampa Housing AuthoritycoreStrategic or Co-development PartnerJoint project partner for Beacon Homes development - up to 13 new units along N. 34th Street and E. 28th Avenue in East Tampa. Financed through City of Tampa and the Florida Minority Impact Housing Fund.

Scale indicators12 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Enterprise Community Partners: One of the largest national CDFIs focused on affordable housing finance and community development lending. Directly comparable to NLP in mission (CDFI-certified, LIHTC financing, multi-bank partnerships) but operates at far larger national scale across the U.S.
• Local Initiatives Support Corporation (LISC): National CDFI that finances affordable housing, economic development, and community development through local offices and bank/financial institution partnerships. Directly comparable to NLP's CDFI lending consortium model with active Florida presence.
• Reinvestment Fund: Pennsylvania-headquartered CDFI providing flexible financing for affordable housing, community development, and food-oriented real estate. Comparable as a CDFI doing LIHTC, multi-family construction/permanent, and program management work — though with a different geographic footprint.
• Capital Impact Partners: National CDFI providing loans and equity investments for affordable housing, charter schools, health care, and community development. Comparable mission and product set (construction, permanent, LIHTC) to NLP though with broader social-infrastructure focus.

Regional players

• The Community Preservation Corporation (CPC): New York-based nonprofit CDFI and consortium of banks financing multi-family affordable housing and community development. Closely comparable bank-consortium LIHTC financing model to NLP, but operates primarily in the New York metro area rather than FL/GA.
• Florida Housing Finance Corporation (Florida Housing): State housing finance agency that finances affordable housing across Florida via bonds, LIHTC allocation, and HOME funding. Comparable as a Florida affordable-housing capital provider and frequent NLP co-development partner, but operates as a public agency rather than a nonprofit CDFI.

Broad incumbents

• Wells Fargo Community Lending & Investment: Large national bank with dedicated community development lending, LIHTC equity, and equity-equivalent (EQ2) investment practices. Comparable to NLP through its EQ2 investments in CDFIs and as an NLP member-bank; broader balance-sheet lender with overlapping customer base.
• Bank of America Community Development Banking: National bank's community development group providing construction/permanent loans, LIHTC equity, and EQ2 investments for affordable housing. Comparable to NLP as an NLP member bank and FMIHF credit-facility co-provider; broader portfolio across the U.S.
• JPMorgan Chase Community Development Banking: Large national bank's community development lending arm providing construction financing for affordable housing developments. Comparable to NLP as a construction-financing partner on multiple NLP-financed developments (Kenwood Place, Hawthorne Park, Blue Sky Brandon); much broader national footprint and balance sheet.

Others

• Opportunity Finance Network (OFN): National industry association and capital provider for CDFIs, including managing the Finance Justice Fund that awarded NLP a $500K loan and administrative grant in 2022. Comparable as the ecosystem/trade body serving NLP's peer set rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/NLP1993
• LinkedInlinkedin.com/company/neighborhood-lending-partners-inc-

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Neighborhood Lending Partners, Inc.