RCN Capital Employees Volunteer with Hartford's Habitat for Humanity

EVENT INFO:

• Friday, October 14
• 2650 Main Street, Hartford
• 7:30 am to 3:00 pm

RCN Capital Employees Assist with Habitat Construction in North End

Hartford, CT – October 14, 2016 - RCN Capital answered the Hartford Area Habitat for Humanity’s call for volunteers for their 23rd annual two-week long Build-A-Thon. The South Windsor based company provided twenty-four of their employees to work on three homes on October 14th and donated to the Hartford Area Habitat for Humanity.

The Build-A-Thon is Habitat’s building blitz and biggest fund-raiser of the year. It brings together employees volunteering from corporations and small businesses throughout the Greater Hartford community in order to build simple, decent, affordable housing for working families.

RCN Capital assisted with the construction of two homes on Main Street in Hartford’s impoverished North End, an area where homeownership hovers around 24%.

RCN Capital was established in 2010 and has quickly become one of the nation’s premier direct private lenders. Private lenders fill a niche that conventional financing sources have ignored for years, including providing acquisition and rehab loans in underserved communities. The company specializes in providing time-sensitive, bridge financing to real estate investors to fund the purchase of non-owner occupied residential and commercial properties.

“We were extremely happy to be able to assist with rebuilding Main Street”, said CEO Don Vaccaro. “We have been investing in Hartford for several years now, and are always eager to invest in those communities where traditional lenders are not.”

Jeffrey Tesch, RCN Managing Director, is optimistic that the company will continued to invest in Hartford, including the Asylum Hill area. “Our business may be providing capital to rehab distressed properties but our true mission is to revitalize communities and provide good homes where families can be raised,” said Tesch. “We see potential in Hartford, and are successful here because we continue to go the extra mile for our clients.”

Corporate partners from all over Greater Hartford will be participating in the Build-A-Thon in an effort to winterize Hartford Area Habitat for Humanity construction sites. To volunteer contact volunteer@hartfordhabitat.org.

About Hartford Area Habitat for Humanity

Founded in 1989, Hartford Area Habitat for Humanity is a 501 3c nonprofit affiliate of Habitat for Humanity International. In its 27-year history Hartford Area Habitat for Humanity has built over 214 homes in the Greater Hartford Area and over 270 homes internationally. For more information, visit hartfordhabitat.org.

About RCN Capital

RCN Capital® is a national, direct private lender. Established in 2010, RCN provides short-term commercial loans ranging from $50k to $2.5M+ to fund the purchase of non-owner occupied residential and commercial properties, provide bridge loans, and provide real estate-backed lines of credit. RCN lends to experienced real estate investors, commercial contractors and small business owners throughout the country. For more information about RCN Capital®, please email info@RCNCapital.com or visit our website, www.RCNCapital.com.

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