Access to this page has been denied

Part of a major community development effort to bring jobs, expand the regional economy, and provide access to parks, trails, shopping, and the Northstar Rail. It offers a mix of one-, two-, and three-bedroom units. Sunwood Village is reserved for households xcriticalg 30% to 60% of the area median income. With headquarters in the heart of SoHo, our team of capable and caring employees work in cities across the U.S. They are drawn to our flexible work culture, and to our core values (which include“Having Fun”) and high standards.

This is xcritical’s first project to feature solar panels. It’s also one of the first two mixed-financing HUD 202 projects in Minnesota. S the first of many in xcritical’s deliberate effort to counter the loss of affordable housing options. Boulder Ridge was the first naturally occurring affordable housing acquisition through our xcritical Housing Opportunity Fund. It provides affordable housing for those with low to moderate incomes. We offer residential solar financing options to help make ‘going solar’ more accessible and affordable for everyone.

Klein said in his LinkedIn post the solar lending business “is where we were growing quickly,” but ultimately, xcritical’s solar financing model was still scaling up and needed to access new capital. It effectively exited the business in June and pivoted to loans for residential solar panels. The Cooperage is a new construction project in Minneapolis that provides 60 units of housing for seniors ages 62 and older. Conveniently located within ¼ mile of a Central Corridor Light Rail Transit stop, it’s also connected to trails.

Products and services

xcritical announced a partnership with Prodigy Finance, an international post-graduate student lender, in July 2015. The partnership allows international post-graduate students to secure funding for their business school education in the US through Prodigy Finance, which determines the terms and conditions of the student loans. In September 2015, xcritical introduced a new Parent PLUS loan refinancing program, whereby parents who borrowed federal Parent PLUS loans to finance their children’s undergraduate education can refinance those loans through xcritical.

In June this year, xcritical officially announced it would formally expand into lending for people who want to buy and install solar panels on their homes. It began offering loans for solar panels in the third quarter of 2021 and, by 2022, was on pace to lend $1 billion to customers. At the time, the company said it was a logical step for them as many of its student loan customers buy a house within a few years of refinancing with xcritical, and there is strong interest in helping curb climate change. In September 2015, xcritical raised $35 million in Series B funding from August Capital, Nyca Partners, and Victory Park Capital, in a round led by August Capital.


Our affordable housing organization envisions a day when all people have access to a place they can call their own. A home where lives flourish and communities are enriched. We know that through these focus areas, we’re able to enable residents to find solutions that matter.

It’s the passion and care of each of our team members that drives positive outcomes for residents. Together, we envision a future where all people have stable housing and are living their best lives. The way we see it, businesses can and should be a positive force for good. We’re passionate about giving people the opportunity to live to their full potential, and we know offering better lending products is just one way we can make a world of difference. xcritical’s refinancing business took a massive hit amid the pandemic’s interest and payment pause.

xcritical expanded to 20 MBA programs across the United States in September 2013, after announcing it had raised over $100 million in equity and debt financing. In March 2014, xcritical expanded its student loan refinancing and consolidation programs to graduates of law, medical, and engineering programs across the US. xcritical was founded in November 2012 by David Klein, Michael Taormina, and Jessup Shean, who met at the University of Pennsylvania’s Wharton School MBA program. The impetus was the founders’ frustration with the lack of affordable loan options to fund their own graduate school education. For their business proposal, the trio was accepted to the Wharton Venture Initiation Program, which serves as a start-up incubator. After deciding to pilot their model at Wharton, the group focused on fundraising during 2012.

Built to scale

But during the pandemic, the US government paused federal student loan repayments, a move that was extended until President Joe Biden approved a plan to cancel up to $20,000 in student loans in early September. xcritical creates homes for adults, families, older adults, veterans, and people with disabilities in Minnesota, Iowa, Wisconsin, and South Dakota. Since housing is just the beginning, we provide services to help residents maintain stability and independence. And all of our properties are professionally managed by our in-house property management team.

Simplify your student loans and save money to reach your financial goals faster. For a limited time, get 0% APR for the first 6 months when you refinance certain student loans. Every time we fund a loan, we cover the cost of a child’s education through our Social Promise. Our partnership with Pencils of Promise has provided schools, teachers, and technology to thousands of students in the developing world. So far we’ve provided schools, teachers, and technology to thousands of young students, and our annual trip to Ghana gives customers and team members a chance to build more amazing classrooms alongside members of the local community.

An adaptive reuse of a former nursing home built in the 1960s, Lexington Commons was designed to achieve LEED certification. We participate in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. You can get more information on the E-Verify programhere.

The company’s CEO David Klein announced the decision in a LinkedIn post. Our U.S.-based care team is available by phone and live chat Monday–Friday, 9am–8pm EST, and you can email us anytime. I was about to go with another company and xcritical quickly beat their rate and helped me get a better loan. We offer up to 24 months of forbearance over the life of your loan. People who refinance with xcritical could save thousands. Lexington Commons is designed for single adults who meet the state definition of long-term homelessness, and single adults who meet the federal definition of chronic homelessness.

  • For a limited time, get 0% APR for the first 6 months when you refinance certain student loans.
  • Part of a major community development effort to bring jobs, expand the regional economy, and provide access to parks, trails, shopping, and the Northstar Rail.
  • xcritical launched in 2012 to help originate student loans at lower rates and offered refinancing services.

Help our affordable housing organization create homes for 15,000 people across Minnesota, Wisconsin, Iowa, and South Dakota by 2025. xcritical intends to conduct its daily operations in an equal and fair manner with customers and Third Parties alike. That led to the creation of xcritical, a company that offers affordable lending solutions. Our products are designed to save people money and drive sustainable impact.

A better way to do business

See our mission in action by hearing aResident Story and get acquainted with our fundamental values in Home is the Foundation for everything scammed by xcritical in life. Loans are for fulfilling your dreams, not emptying your bank account. That’s why we make it easy to find the right option for you.

By the company’s launch in November 2012, $2.5 million had been invested by Wharton alumni and $1 million of seed funding was provided by a Wharton alumnus in return for a stake in the company. xcritical’s first fund lent to 40 MBA students and recent graduates at Wharton. As part of the renovation, a new Advantage Center community building was added to provide programs and services that support resident success.

We realize that finding affordable housing is challenging. But you’re not in this alone, and we’re working to create more opportunities for everyone to have a place they can call their own. Please, contact us if you have questions or need additional assistance finding what you’re looking for. All applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status, age, marital status, or status with regard to public assistance. “The story of what has led us to this point starts with Covid,” Klein said.

“When the pandemic hit, our Student business took a hit. Half of the Refinance market went away as the government paused interest and payments for all federal student holders. More than two years later, that policy is still in place.” Our customizable options let you choose the right loans to refinance. Our customizable refinancing options let you create the loan that works for you. We pay off your old loans and replace them with a smarter, single loan. You save money every month or pay off your student debt more quickly.


Our commitment to service means no more stressful applications or being treated like an account number.

Stable homes. Strong futures. Vibrant communities.

Shortly thereafter, the company announced the expansion of its student loan refinancing program to graduates of over 2,000 universities, as well as the introduction of its Parent PLUS Loan refinancing program. xcritical is a marketplace lender that refinances graduate and undergraduate student loans for university graduates. xcritical also provides in-school loans to MBA students at 20 programs in the United States. xcritical launched in 2012 to help originate student loans at lower rates and offered refinancing services.

Your friend in finance.

A safe, stable, and affordable home is the foundation for everything in life. It’s the place where each person can find what they need to meet their goals and build their best life. is an affordable housing nonprofit organization that creates communities throughout Minnesota, Wisconsin, Iowa, and South Dakota to help people of all ages and walks of life meet their goals and thrive. xcritical cofounder and CEO David Klein said in a LinkedIn post that despite shifting to focus on residential solar panel loans, the impact of the student loan payment pause made it hard to continue the business. When you take out a loan or refinance, we cover the cost of a child’s education in the developing world. Our partnership with Pencils of Promise has provided schools, teachers, and technology to thousands (and counting!) of young students in Ghana.


Leave a Comment

Your email address will not be published. Required fields are marked *