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Bank Listing Service Potentially Worthwhile Resource for Projects in New England

The Project Listing Service™ launched by the Federal Home Loan Bank of Boston at the start of this month, is aimed at matching nonprofit and for-profit developers, businesses and commercial-property owners with lenders in New England.

Anyone with a project in the region can use the service.

The innovative program enables builders and developers to present projects for which they are seeking funding to the more than 470 financial institutions that are members of the Federal Home Loan Bank. Using a simple online form, developers list projects for which they are seeking funding, describing the nature of the project and specifying the type of funding they are seeking.

See how Countrywide’s Prime Rate OTC construction loan can offer more flexibility to qualified buyers.
Learn how our Home Equity Loan offers flexible payment options and the ability to reuse the funds.

Member financial institutions access the service through a secure section of the bank’s Web site and then respond to those they decide are valuable lending and investing opportunities.

To reach the Project Listing Service site, click here.

For further information, e-mail Michael Carrier, NAHB’s director, financial institutions, or call him at 800-368-5242 x8529.

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