PROPERTY TYPES

Below is a short list of industries our programs cover:

Multifamily – Residential structures containing two or more dwellings within the same building such as apartment buildings, duplexes and rooming houses.

Mixed-Use – Properties that integrate at least one residential dwelling along with a business unit. A deli with an upstairs apartment would be considered mixed-use.

Retail – Designed for retail sales usually with display fronts. Retail may be stand-alone or in a shopping center.

Office – Buildings designed for general commercial usage and often subdivided into smaller units. Office condos are also eligible.

Light Industrial – Characterized by a smaller facility where no heavy duty or specialized equipment is employed.  The use of small assembly machinery is permitted.

Industrial – Principle structure is designed for the manufacturing process and usually involves the use heavy equipment and specialized machinery.

Warehouse – Utilized for storage purposes. Office space may comprise a small portion of the facility.

Self-Storage – Buildings designed primarily for storage divided into smaller units and usually rented out.

Hospitality – Includes hotels, motels as well as Bed & Breakfasts.  This class also includes mobile home parks.

Restaurants – Unique properties designed for food service. May be stand-alone or located in a shopping center.

Health Care – Including assisted living and nursing home facilities.

Automotive – Encompasses a wide range of property types including auto repair, lubrication shops, parts, new & used car sales, tire/muffler stores and gas stations.

Farms – Encompassing large parcels of land.  Eligible farms must be income producing.

Special Purpose properties – Includes unique properties with specialized equipment or operations such as funeral homes, marinas, dry cleaners, churches and religious facilities.

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