Wichita Business Journal

Reinvestment Fund Making Wichita Loans Available

David Dinell
July 29, 2003
Witchita Business Journal

The Nehemiah Community Reinvestment Fund is making short-term low-interest loans to community- and faith-based organizations available in Wichita.

Officials at the nonprofit community development lender, which is based in Sacramento, Calif., say the loans are for the development of affordable and special needs housing and economic development in low-income areas.

The Wichita loan program is part of a larger $5.5 million loan effort called "Moving People from Homelessness to Homeownership," says Scott Syphax, president and CEO of the Nehemiah Corp.

The loans will range in size from $10,000 to $750,000 and will have terms extending for up to five years, Syphax says.

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