BCT Celebrates Good Works!
BCT - The Community's Bank has always been about community and doing all it can to help local people and businesses thrive. So when Kim Hart, the President of Good Works LP, and partner TM Associates approached BCT for a construction loan, they were all ears. Good Works LP is an organization founded by Kim Hart, which is dedicated to building, owning and operating affordable workforce apartments in Northern Virginia. When BCT took a look at Good Works and partner TM Associates' loan application for the construction of affordable workforce housing within the Ashburn Chase apartment complex, they were encouraged by the well conceived business plan and strong financials. A resounding "Yes" was the bank's answer. A 2.3 million dollar loan was just recently approved by BCT.
Good Works is now moving forward with another of many projects completed over recent years to make sure that positive growth includes affordable workforce housing. Housing that is important within communities to help decrease commuter traffic and provide support for local businesses and organizations. BCT is proud to play a role in our community's future and celebrates Good Works' commitment to supporting Northern Virginia's thoughtful plans for balanced growth.