Brock White
© 2009 State Bank of New Prague. All Rights Reserved.

Community Development

The State Bank of New Prague assists:

  • Non-profit and for-profit developers targeting construction and rehabilitation of affordable housing and commercial development
  • Governmental agencies active in affordable housing and community development
  • Faith-based community development initiatives

Among the property types financed:

  • Affordable single and multi-family housing
  • Historic preservation rehabilitations
  • Special use housing
  • Commercial offices and retail space
  • Commercial property that houses community services (daycare centers, charter schools, etc.)
  • Secured Lines of Credit

Among the property types financed:

  • Acquisition, development, and construction lines of credit
  • Construction loans
  • Equity bridge loans
  • Letters of credit for development and short-term bond enhancement

Contact the State Bank of New Prague to learn more information about our commercial real estate lending services.