Community Reinvestment Fund, USA (CRF) is a national nonprofit organization based in Minneapolis, Minn. 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.
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 17 years, CDT has invested $1.2 billion in debt and equity capital to properties in 44 states and regions — helping to preserve and create 40, 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 Housing Capital (CHC) is a Decatur, Ga.-based nonprofit that operates nationwide, supplying interim development financing and multifamily permanent loans to NeighborWorks organizations in 37 states. Since its inception in 2001, it has financed over 8,100 units of affordable housing.
Century is a leading Community Development Financial Institution (CDFI), delivering innovative financial products quickly and reliably to support the development of critical housing projects throughout California. Over nearly years, Century has provided $1 billion in financing for over 25,000 new affordable homes and apartments across the state.
California Community Reinvestment Corporation (CCRC) is California’s premier multifamily affordable housing lender. CCRC specializes in programs for families and seniors, citizens with special needs and mixed-use developments. Since 1989, CCRC has approved over $1.5 billion in loans for affordable housing, financing more than 42,000 rental homes for individuals and families earning 60% or less of the area median income. Approximately 35% of its lending is in rural areas. CCRC is an FHA Multifamily Accelerated Processing (MAP) lender, specializing in programs for families and senior citizens, individuals with special needs, and mixed use developments. CCRC pioneered mortgages for Low Income Housing Tax Credit (LIHTC) projects in 1989, and developed the Tax Exempt Private Placement Bond Program in 2001.