Jumpstart Kensington

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Jumpstart Kensington empowers local residents to become developers of their own neighborhood through real estate development.

Jumpstart Kensington leverages the original Jumpstart Germantown model of real estate development to create opportunities for local residents to invest and develop in their neighborhoods. The program supports the goals to build wealth locally, improve neighborhood safety and raise property values, help first-time investors become more attractive to traditional lenders, and provide opportunities to groups or individuals traditionally under-represented in real estate development.

Jumpstart Training Program

We are looking to identify new and seasoned enthusiastic, community-driven, and socially conscious developers who share our interest in investing in the future of Kensington and are committed to creating more quality, affordable housing, and making Kensington a better place to live, work, and enjoy.

Applications will be accepted on a rolling basis and selections will be announced once per quarter. If you are not selected for a cohort, your application will be included in the applications for the next cohort so there is no need to apply again. We typically run 3 to 4 classes per year in partnership with Jefferson University Real Estate program.

PA CDFI Network

Jumpstart Loan Program

The Jumpstart Kensington Loan Program provides financial resources for the acquisition and construction of one- or two-unit residential properties in Kensington. The Loan Program is available to both experienced and novice developers who are investing in Kensington.

Acquisition & Construction Loan Program

Funds are available to purchase and rehab homes for graduates of the Jumpstart training program and for small local developers who embrace the Jumpstart model for properties located within the Kensington Target Area.

Learn more about the acquisition and construction loan.

Jumpstart Mini-Perm Loan Program

Funds are available to refinance the Jumpstart Acquisition & Construction Loan to help borrowers build credit, operating cash flow history and property value so traditional financing can be attained within three years of settlement.

When applying for a Jumpstart Loan, please complete both the loan application and a pro forma and email your application to loan@impactservices.org.

Apply for a Jumpstart Loan

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