The Edge Fund, King Park’s affordable housing loan fund, received a grant from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund to expand its affordable housing lending.
We’re excited to welcome new Edge Fund homeowner, Marc, to Monon16!
The Edge Fund recently closed on another affordable home loan this month. Abby’s new home is located on Cornell Ave. and built by David Weekley Homes. This is the 3rd home closed for the HomeSmart program.
The Edge Fund, owned and operated by King Park, is focused on offering flexible financial products that will create diverse and inclusive affordable housing opportunities across the housing spectrum in Indianapolis.
While many traditional lenders have tightened lending standards and restricted credit access, we’re proud, as mission-driven lenders, to expand access to safe and affordable credit for inclusive and diverse housing opportunities through the Edge Fund.