LeverAge Finance Program



LeverAge, a partnership between NCB, LeadingAge and Grantmakers in Aging,  is a national financing program designed to assist in the expansion of affordable aging services, senior housing models, and emerging aging innovations. The program offers not-for-profit and cooperative organizations affordable, flexible, and longer-term debt to meet the evolving needs and preferences of older Americans and the healthcare systems that serve them. LeverAge is a scalable program designed to fill long standing lending gaps and new financing needs surfacing in the wake of federal and state program cuts. 

LeverAge is a flexible and affordable national lending program supporting organizations developing or expanding models of affordable mixed-income aging services and or senior/ housing by providing:

  • Fixed rate and longer term mortgages (10-year terms with up to 30-year amortizations) to support the expansion of proven affordable housing and housing with services innovations
  • Working capital and cash flow loans (fixed and variable rates, up to 7-year terms) to support the expansion of proven aging services innovations
  • Credit support to help promising innovations qualify for financing
  • Affordability through rates 50 to 150 basis points below the National Cooperative Bank’s market loan rates

LeverAge Funding

LeverAge’s lower rates, longer terms, and credit support are made possible by social investors’ mission deposits in the National Cooperative Bank’s AdvantAge Deposit program. National Cooperative Bank provides dollar for dollar matching funds for LeverAge loans funded by AdvantAge deposits.   

For more information on the LeverAge Finance program, please contact Robert Jenkens at (703) 302-1950. 

Program Partners

Grantmakers in Aging - Grantmakers in Aging (GIA) is an inclusive and responsive membership organization that is a national catalyst for philanthropy, with a common dedication to improving the experience of aging. GIA members have a shared recognition that a society that is better for older adults is a society that is better for people of all ages. Visit Grantmakers in Aging online at www.giaging.org. 

LeadingAge - LeadingAge seeks new possibilities for the world’s aging population. LeadingAge is comprised of 6,000 not-for-profit organizations and represents the entire field of aging services. Members of LeadingAge touch the lives of 4 million people every day. Visit LeadingAge online at www.leadingage.org. 

LeverAge Partners Logos