Equitable Growth Guarantee Fund

Description

The Equitable Growth Guarantee (EGG) Fund provides loan guarantees and other forms of credit enhancement to Black community developers in Pittsburgh.

Goal of the Program

The EGG Fund represents a creative solution to address a major dysfunction in the community development system–the lack of wealth in the Black community that makes real estate ownership and development more difficult.

What We Provide

Through the EGG Fund, Neighborhood Allies provides loan guarantees to Black developers who face predevelopment or appraisal gaps in their projects; as the developer repays the loan, Neighborhood Allies can recycle guarantee capital into new projects.

How to Engage

For more information on the Equitable Growth Guarantee Fund, connect with our Director of Real Estate Services, Matt Madia at matt@neighborhoodallies.org.