Baltimore Community Lending is a Well-Kept Secret Lender in Baltimore City for Financing Real Estate Projects and More
Baltimore City is starting the new year off strong with new Mayor Brandon Scott coming into office with a fresh agenda to control crime, create safer neighborhoods, and improve housing, schools, economic and business development. This agenda is quite a tall order for the new administration; however, Mayor Scott has a new leader at Baltimore Community Lending (BCL) to assist him with his housing, economic, and small business development initiatives.
BCL, founded in 1989 originally as Baltimore Community Development Financing Corporation (CDFC), changed its name and focus several years ago to concentrate on not only residential/multi-family real estate development, but additionally small business financing. “Its current President and CEO, Watchen Harris Bruce, is arguably the most seasoned and experienced leader BCL has ever had,” said Wayne R. Frazier, Sr., president of Md. Washington Minority Companies Association (MWMCA). “Furthermore, BCL is a well-kept secret within the City of Baltimore, but under Watchen’s leadership that will change.”
BCL finances residential real estate projects for owners and developers doing business in Baltimore City either as end use rentals or for sale units. In addition, small building contractors and sub-contractors to primes can seek funding as well. To learn more about potential financing opportunities visit their website at https://bclending.org/
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Contact Information:
Watchen Harris Bruce
President & CEO
Baltimore Community Lending, Inc., A Community Development Financial Institution
Ph.: 410.727-8590, ext. 387
Email: watchen.bruce@bclending.org