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.



Massachusetts Housing Investment Corporation (MHIC) pioneered attracting investor capital for LIHTC tax credit properties in New England, and developed a loan pool for construction and acquisition lending. Since 1990, MHIC has financed $2.16 billion in lending for preservation or creation of more than 19,000 housing units and four million square feet of commercial space. Approximately 17% of its lending is in rural areas. In 2000, MHIC’s product lines expanded to include the New Markets Tax Credit (NMTC) Program, and again in 2008 with the Neighborhood Stabilization Loan Fund to address the mortgage foreclosure crisis. To-date, MHIC has raised more than $2.19 billion from more than 106 institutional investors to support its LIHTC activities in Massachusetts, Rhode Island and Connecticut, and its NMTC activities throughout New England.