Build Your Mission—Literally.
Whether you’re developing affordable housing, renovating a community center, or expanding your nonprofit’s footprint, our Construction Financing helps you bring your vision to life—brick by brick.
Let’s Finance Your Build Today
Access your funds now by connecting with our team
"*" indicates required fields
We Know Construction Projects Are Mission-Critical
When a nonprofit builds, it’s more than just real estate, it’s impact made tangible. But funding a construction project from groundbreaking to ribbon-cutting can be complicated, expensive, and full of delays. Traditional construction lenders may shy away from nonprofit borrowers. Grants may take too long to secure. And you can’t wait forever when your community needs space, services, and stability now.
That’s where we come in. Our construction loans are designed specifically for nonprofits—with flexible terms, fast approvals, and mission-first underwriting.
What Our Nonprofit Construction Financing Covers
We work with lenders who finance a wide range of nonprofit construction needs, including:
- Ground-up construction
- Renovations and tenant improvements
- Adaptive reuse or rehabilitation
- Site work and infrastructure
- Modular and prefabricated builds
- Energy efficiency upgrades
- FF&E (furniture, fixtures & equipment)
- Interim financing during capital campaigns
Need something specific? We’re happy to discuss your project.
Why Construction Financing Is Important
Waiting on funding can cost you the project. Getting financed early helps you:
- Keep momentum: Avoid costly delays that stall construction or cause price increases
- Maintain control: Don’t give up project features due to budget shortfalls or time pressure
- Access additional funding: Many donors and long-term lenders require construction to be underway or nearing completion
- Demonstrate capacity: Show stakeholders that your nonprofit is capable of executing large-scale projects
How Nonprofit Construction Financing Works
We make getting construction financing straightforward—even if your project is complex. Our process is designed to move at your pace while keeping you in control.
Step 1: Submit a Project Inquiry
Tell us about your nonprofit, your project scope, timeline, and budget.
Step 2: Get Matched to the Right Lender
We connect you with one or more mission-aligned lenders who understand nonprofit construction.
Step 3: Get Funded and Break Ground
Once approved, funds are released in draws based on project milestones. You’ll be building in no time.
Why Work With B Generous?
We’re America’s #1 lending marketplace built exclusively for nonprofits. Traditional lending wasn’t designed for nonprofits—but we are. With access to the most bank and nonbank nonprofit-friendly lenders nationwide, we help you secure financing faster, with better terms, and without compromising your mission.
We’ve already helped move tens of millions in capital to nonprofit-led projects across the country. You could be next.
Frequently Asked Questions
It’s a short- to medium-term loan that funds the cost of new construction, major renovations, or expansions for nonprofit-owned or leased facilities.
We finance a broad range of nonprofit construction, including:
– Affordable housing
– Schools and charter school facilities
– Community centers
– Health clinics
– Religious or faith-based facilities
– Arts and cultural venues
– Shelter and transitional housing
– Green buildings or energy upgrades
Key factors include:
– Strong financial management
– Realistic project budget and timeline
– Capital campaign progress
– Land ownership or secure lease
– Contractor and architectural plans
– Proven impact and organizational stability
Loan sizes range from $500,000 to $50 million, depending on your project’s scope and your nonprofit’s financial profile. We’ll help you determine what’s realistic and right-sized.
Funds are typically disbursed in phases, or “draws,” tied to construction milestones (e.g., completion of foundation, framing, final inspection). This ensures accountability and helps manage cash flow.
In most cases, yes. Lenders typically require some level of equity or matching funds—either through fundraising, grants, or pre-development investments.
Possibly. Some lenders will consider loans based on purchase options, land leases, or other agreements, particularly if long-term site control is demonstrated.
Most lenders ask for:
– IRS Form 990
– Audited financials or internal statements
– Operating budget and forecasts
– Project budget and timeline
– Construction bids or contractor estimates
– Land ownership or control documents
– Board resolution approving the loan
Loan terms are generally 12–36 months, with options for permanent financing after construction. Rates vary but are competitive and tailored for nonprofits. We work to ensure terms that support—not strain—your operations.
Yes. Through our lender network, we can help you secure permanent take-out financing, long-term loans, or mortgage options once construction is complete.
Connect with our team to access your funds now
"*" indicates required fields
Let’s Break Ground on Your Vision
You’ve got the plan—we’ve got the financing. Let’s build something lasting.