Affordable Housing Finance released its list of the top affordable housing lenders for 2014. Collectively, the top 25 lenders provided more than $17.7 billion in construction loans for affordable housing and permanent loans for 9 percent low-income housing tax credit projects, Sec. 8 housing, and bond credit enhancements.
Seventeen NH&RA members were included on the list, with Citi Community Capital in the #1 spot for the sixth year in a row.
- Citi Community Capital: $3,222.4 million
- Bank of America Merrill Lynch: $1,750.0 million
- Oak Grove Capital: $748.5 million
- Walker & Dunlop: $588.1 million
- Prudential: $518.8 million
- Red Stone Tax Exempt Funding: $510.0 million
- Greystone Servicing Corp. : $505.0 million
- PNC Real Estate: $497.9 million
- Stifel, Nicolaus & Co., Merchant Capital Division: $469.4 million
- Hunt Mortgage Group: $466.8 million
- RBC Capital Markets: $416.3 million
- Red Capital Group: $375.1 million
- Rockport Mortgage Corp.: $340.1 million
- Dougherty Mortgage: $204.2 million
- Lancaster Pollard: $186.3 million
- Love Funding: $165.3 million
- Century Housing Corp.: $118.9 million
The annual list was compiled through surveys submitted by lenders in January.
