Couple in front of affordable housing development

Overview

Flexible Capital for Affordable Housing

Flexible, customized loan products designed to help NeighborWorks America organizations move projects forward.

Our Purpose

CHC is a national Community Development Financial Institution (CDFI) providing flexible financing exclusively to NeighborWorks America organizations developing and preserving affordable housing.

Our experienced team helps borrowers address complex capital challenges that traditional lenders cannot resolve. We lend early, patiently, prospectively, and at a high loan-to-value ratio.

Benefits

Making Financing Easier for NeighborWorks Developers

Do you have a complex capital stack? Our best-in-class team has the experience, connections, and creativity to produce solutions to problems other lenders cannot solve.

Affordable, Flexible Terms
Up to 95% LTV
From 3 Years to 30 Years
Construction/Perm Loans
Interest Only Interim Loans
Weekly Construction Draws

Get a Customized Loan to Create All Types of Affordable Housing

OurSolutions

Loan Products

Tailored financial instruments designed to support every stage of affordable housing development.

Lines of Credit

Early-stage capital to help affordable housing developers move projects from concept to closing.

Acquisition

Acquire vacant land and under-performing and/or operating properties.

Construction

Rehabilitation and/or Construction of Single-Family and Multi-family Properties

Bridge

Fill Financing Gaps Caused by Timing Issues Related to the Receipt of Public Subsidies or Other Committed Funds

MF Permanent

Long-Term, Fixed-Rate Mortgages; 10-30 Year Repayment Terms; Amortization Up To 35 Years

Forward Commit

Up To 24 mos. to give Equity Providers Assurance that Take-out Financing is in Place

FHLBank AHP

CHC Sponsored Awards up to $500,000 for Acquisition, Construction, Rehab, of rental and ownership housing

Warehouse Line of Credit

Short-term liquidity for nonprofit affordable housing lenders originating single-family mortgages for low- and moderate-income and workforce homebuyers.