New Loan Closing: Archway Communities
Building communities of dignity and respect in Colorado
$250,000 working capital loan through the Metro Denver Nonprofit Loan Fund
Archway Communities elevates lives by providing access to affordable housing, food security and the supportive social services people need to thrive. Every person who lives in an Archway property has access to youth recreation, ESL classes, technology services, adult education, and other programs designed to create a holistic and engaging atmosphere for residents.
Archway will use this working capital loan to expand the amount of liquid capital it has access to at any given time, ensuring that it has sufficient cash to grow its portfolio of properties and services. With this financing, Archway hopes to develop new properties for low- and middle-income Colorado families, offer a wider array of supportive services, and hire the staff it needs to support a steady, long-term expansion.