Interested in tapping into the $10 million loan pool that NCB Capital Impact (Capital Impact) and the Robert Wood Johnson Foundation (RWJF) have made available? Take the following steps:

1. Analyze financial feasibility. The Green House technical assistance team will lead providers through a financial feasibility analysis, which takes into account factors such as The Green House model’s unique staffing and small size with the provider’s payer mix, reimbursement rates, and other key variables. This provides a framework for determining financing needs.

2. Determine a financing fit. Providers will then work with Capital Impact’s lending team to determine whether the RWJF fund is a good fit for the project. The 40 percent Medicaid requirement and term length of up to 10 years are among the variables that the team will consider. The team can also determine if the provider might be a good fit for another Capital Impact loan product. Even if none of Capital Impact’s loan products make sense for the provider, the team will work with them to identify and navigate outside financing options.

3. Evaluate the financing package. If a provider chooses to pursue financing with Capital Impact, it will be asked to submit a financing package with background information about the organization and the proposed project. The lending team will evaluate the financing request within the context of the project and the organization’s strengths and capacity.

4. Closing. After a successful evaluation, the provider’s project will go through the process that the loan program requires for underwriting, loan approval, and closing.

To start exploring financing and development options, contact Maura Porcelli at The Green House Project at (703) 647-2311 or mporcelli@ncbcapitalimpact.org.