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.

Through its 24 member bank network, Rocky Mountain CRC has originated over $189 Million in 129 CRA-qualified loans to fund the development of 6,657 apartment homes.



Community Housing Capital (CHC), a national Community Development Financial Institution intermediary, serves exclusively as a direct lender to the NeighborWorks network. Incorporated in 2000, Community Housing Capital is certified as a community development financial institution and a community development entity by the U.S. Treasury’s CDFI Fund. It has financed over 8,100 units of affordable housing.

Lending to members of the NeighborWorks network, CHC provides both interim real estate development loans and permanent multifamily loans with favorable rates and terms. Loans are underwritten with the flexibility required to finance complex transactions with multiple layers of subsidies. To implement its loan programs, CHC uses grant funds provided by NeighborWorks America and the CDFI Fund to significantly leverage private-sector debt capital from socially responsible investors.