Utah

ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION

Website: https://rockymountaincrc.com/

Rocky Mountain Community Reinvestment Corporation is a private 501(c)(3) nonprofit corporation created by Utah banks to extend credit to sponsors of affordable housing. Initially established to serve the State of Utah, lack of consistently affordable and available
affordable housing and community development financing in adjacent states has resulted in an extension of activity to Idaho, Wyoming, Nevada and Arizona.

Rocky Mountain CRC financing must result in Community Reinvestment Act qualified loans/investments.  Rocky Mountain CRC has provided and committed through 2014, over $200 million in permanent debt financing for over 7,000 affordable housing units in Utah and several surrounding states.

 

COMMUNITY DEVELOPMENT TRUST

Website: http://www.cdt.biz/

The Community Development Trust (CDT) is a national investor in affordable housing. Working with local, regional, and national partners, CDT makes long-term equity investments and originates and acquires long-term mortgages. In its fifteen years, CDT has invested $1 billion in debt and equity capital to properties in 42 states and regions — helping to preserve and create nearly 35,000 units of affordable housing. CDT is a private real estate investment trust (REIT), a certified Community Development Financial Institution (CDFI), an approved Fannie Mae affordable housing lender, and a member of the Federal Home Loan Bank of New York (FHLBNY).

COMMUNITY REINVESTMENT FUND

Website: http://www.crfusa.com

Community Reinvestment Fund (CRF) is a national nonprofit organization based in Minneapolis that has brought capital to community development lenders in low- to moderate-income communities since 1988.  Since inception, CRF has channeled financing to create more than 19,000 units of affordable housing serving nearly 40,000 people.

CRF fills a gap in community development funding by bringing a larger amount of capital to the communities that need it most. This has a powerful impact, creating a huge ripple effect and improving more lives of disadvantaged people in distressed neighborhoods all across the country.