7.10.25 - Financing With Purpose
07.10.2025
Financing With Purpose: Affordable & Senior Housing Through the ESG Lens
Introduction
Affordable and senior housing isn’t just about real estate—it’s about dignity, opportunity, and community. From the Bay Area to Southern California, demand for accessible housing continues to outpace supply.
At TASI you get a bank that approaches lending with purpose. As a Minority Depository Institution (MDI) and SBA Preferred Lender, you get a bank that supports projects that deliver both financial return and social value—anchored by Environmental, Social, and Governance (ESG) principles.
Dave Joves, President of TASI Bank, puts it this way:
“This work goes beyond lending. It’s about inclusion, equity, and doing what’s right for people. Affordable housing is where our values as a bank meet real-world impact—and we’re honored to play a part in it.”
The ESG Framework in Action
We believe mission-driven development should be part of our financial DNA:
- Environmental: Prioritizing energy efficiency, solar retrofits, and green construction methods
- Social: Creating safe, affordable housing that uplifts underserved populations—including seniors
- Governance: Partnering with ethical developers and ensuring transparent, community-minded compliance
Hitesh Bajaria, Regional Vice President at TASI Bank, adds: "Affordable and senior housing doesn't just meet a need - it builds stronger, more resilient communities. At TASI Bank, we're proud to support developments that deliver generational impact, not just short-term returns."
How TASI Bank Finances Affordable & Senior Housing
Our flexible, tailored lending approach includes:
- SBA 7(a) & 504 Loans – Ideal for nonprofit or smaller-scale developers
- Commercial Real Estate (CRE) Loans – For acquisition, adaptive reuse, or ground-up construction
- Bridge & Refinancing Options – Helping developers stay agile in competitive markets
We collaborate with municipalities, housing agencies, CDFIs, and nonprofits to structure layered financing strategies.
Real Success in the Field
TASI Bank’s impact is best illustrated by our ongoing support for affordable housing in East Oakland:
“TASI® Bank invested with me in East Oakland at a time when most banks would not. They helped provide affordable housing for underserved markets and grow my business exponentially over 10 years.”
— Frederick O. Lewis III, President, California & Oakland Affordable Housing
This long-term partnership reflects the mission and values that drive TASI Bank every day.
Why Developers Choose TASI Bank
- ✅ MDI Status & SBA Preferred Lender—built for equity-focused financing
- ✅ Regional expertise across Northern and Southern California
- ✅ Relationship-led service that values long-term impact
- ✅ Regulatory and ESG compliance capabilities to support complex projects
Let’s Build What Matters
Affordable and senior housing isn’t just housing—it’s an investment in people and community. At TASI Bank, we’re proud to be your mission-aligned financing partner.
Connect with our Commercial Lending team mavericklenders@tasi.bank today to explore how we can bring your next affordable or senior housing project to life.
