Clearinghouse CDFI provided a $6.7 million loan to refinance and expand the Port City Marina in Wilmington, NC.
Located on the Cape Fear River, this marina is a critical component in ongoing efforts to revitalize downtown Wilmington. It offers 84 fixed slips and docks, as well as quick access to entertainment venues, restaurants, the convention center, hotels, and pedestrian/biking paths along the river.
Clearinghouse CDFI’s loan will also facilitate the creation of a new and innovative houseboat community permanently located within the marina. Clearinghouse CDFI is optimistic this innovative housing solution can be replicated in other communities.
Download the flyer: Just Funded – Port City Marina