The Funding Sources Inventory tool allows you to search a database of funding sources created for this guide to determine which may be relevant to consider for your development. Use the filters at the top of the page to narrow down the list of possible sources based on the characteristics of your development. The funding sources shown in the list at the bottom will be those that match at least one of the criteria from each of the filter categories you have selected (in other words, the filters use OR logic within each filter category and AND logic across filter categories). Review the remaining list to learn more about each program. You can click the “Details” button to display detailed information about each funding source.

Eligible UsesInclude funding that can be used for:

Funding TypeInclude the following type(s) of funding:

Affordability RequirementsShow funding that may have affordability requirements?

Funding Sources Inventory

Displaying 26 - 34 of 34
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Community Housing Capital
Community Housing Capital (CHC) is certified as a community development financial institution (CDFI) and 501(c)(3) created to facilitate the creation and preservation of affordable housing.
Details
Eligible home types:
Multifamily or single-family
Eligible recipients:
Nonprofit developers in the NeighborWorks network
Eligible uses:
Predevelopment Acquisition Construction Rehabilitation
Affordability requirements:
None
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
Up to $10 million. Varies per loan product.
Additional notes or requirements:
Links to more information:
Housing Assistance Council
HAC is a certified Community Development Financial Institution (CDFI) focused on improving housing and living standards for rural low- and very low-income households and supporting development of new affordable housing in rural America.
Details
Eligible home types:
  • Subdivisions and new single or multifamily housing units,
  • preservation and rehabilitation of existing affordable housing including USDA RD Sec 515 and 514 units,
  • HUD-subsidized housing and
  • naturally occurring affordable housing.
  • or multifamily housing units
Eligible recipients:
All rural housing developers (Community-based, nonprofit organizations, housing development corporations, for-profit developers, self
  • help housing sponsors, farm worker organizations, cooperatives, land trusts, Indian tribes, public agencies and units of local government)
Eligible uses:
Predevelopment New construction Acquisition and rehabilitation
Affordability requirements:
None
Geography funding is available to :
Rural areas nationwide (as designated by FHFA Duty to Serve Rural Definitions or USDA Housing Programs Eligibility)
Maximum financial assistance per project:
Varies
Additional notes or requirements:
Links to more information:
Housing Partnership Fund
The Housing Partnership Network created the Housing Partnership Fund (HPF) in 2001 as its lending arm to meet its members’ growing needs for flexible, early stage financing for affordable housing development. Nationally, HPF serves nonprofit developers focused solely on uplifting low-income populations, using housing as a platform to leverage better health, school, and personal wealth building outcomes. The Fund raises capital from major private, public and philanthropic institutions to drive impact through its investments in members and HPN social enterprises. HPF is a US Treasury certified Community Development Financial Institution (CDFI) and has a Four Star Policy Plus AA- rating from Aeris.
Details
Eligible home types:
Multifamily or single-family or multifamily housing units
Eligible recipients:
Members of the Housing Partnership Network
Eligible uses:
Acquisition, Development, and Preservation
Affordability requirements:
None
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
$1-3 million for predevelopment/acquisition. $15 million for acquisition/preservation of existing rental projects. $3 million for bridge to construction closing loans.
Additional notes or requirements:
Links to more information:
National Housing Trust
NHT Community Development Fund (NHTCDF), a Community Development Financial Institution (CDFI), has deployed more than $44 million in loans, preserved more than 13,000 affordable units, and leveraged more than one billion in capital by providing quality, affordable loan products.
Details
Eligible home types:
Multifamily or single-family (only multifamily for energy efficiency loans)
Eligible recipients:
Any affordable housing developer (for most products, except Community Land Trust loans, which are limited to Community Land Trusts)
Eligible uses:
Pre-development Acquisition Property improvements that reduce energy and water consumption
Affordability requirements:
None
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
$1.5 million for predevelopment. $2.5-5 million for acquisition. $750,000 for community land trusts.
Additional notes or requirements:
Links to more information:
NeighborWorks Capital
NeighborWorks Capital delivers the flexible capital needed by NeighborWorks America affiliates to provide affordable homes and strengthen communities. NeighborWorks Capital is a national non-profit, certified Community Development Financial Institution and rated by Aeris-Insight.
Details
Eligible home types:
Multifamily or single-family
Eligible recipients:
NeighborWorks network members
Eligible uses:
Acquisition, Construction, Predevelopment, Permanent, Line of Credit, Enterprise Capital
Affordability requirements:
None
Geography funding is available to :
Nationwide
Maximum financial assistance per project:
$10 million for acquisition, construction, permanent loans. $7.5 million for permanent, and Line of Credit for multifamily acquisition loans. $5 million for Line of Credit for single family construction. $2 million for predevelopment loans.
Additional notes or requirements:
Links to more information:
Partners for the Common Good
PCG is a certified Community Development Financial Institution (CDFI) that was created as a vehicle to allow socially conscious investors to put their money to work serving communities left out of the economic mainstream. PCG moves the economy forward by financing community development and encouraging community engagement.
Details
Eligible home types:
Any that have tangible benefits for low-income individuals (including affordable housing and community facilities, amongst others)
Eligible recipients:
Any borrower engaged in projects that primarily serve low-income people, with support of the local community, but that cannot be adequately served by conventional sources of financing
Eligible uses:
Acquisition Construction and/or rehabilitation Preservation
Affordability requirements:
Must include units affordable to low-income people
Geography funding is available to :
Nationwide, with a focus on low-income communities
Maximum financial assistance per project:
$1,750,000 Maximum LTV: 90%. Minimum DCR: 1.10x on some loan types
Additional notes or requirements:
Projects that are environmentally sensitive and contribute demonstrably to healthy communities are prioritized.
Links to more information:
RCAC
Founded in 1978, Rural Community Assistance Corporation (RCAC) is a 501(c)(3) nonprofit organization that provides training, technical and financial resources and advocacy so rural communities can achieve their goals and visions. RCAC financing helps developers build single and multifamily affordable housing units for low-income families.
Details
Eligible home types:
Multifamily and single-family, including manufactured home parks
Eligible recipients:
Nonprofit developers, local government agencies, and tribal governments
Eligible uses:
Acquisition Pre-development Site development Construction Green building
Affordability requirements:
Housing must serve very-low or low-income households (mixed income projects are eligible, but RCAC financing is limited to the low-income portion of the project)
Geography funding is available to :
Rural areas with populations of 50,000 or less in 11 western states: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Nevada, New Mexico, Oregon, Utah and Washington. 
Maximum financial assistance per project:
Varies by project ($3 million for acquisition or construction)
Additional notes or requirements: Applications are accepted year-round, and you can apply through your local USDA RD office. A list of USDA RD offices are available at this link: tinyurl.com/RDStateOffices.
Links to more information:
Colorado Affordable Housing Financing Fund
The Colorado Affordable Housing Financing Fund supports land banking, equity, and concessionary debt for affordable housing. The Fund was created after Colorado voters passed Proposition 123, a ballot measure authorizing the state to retain money from existing state tax revenue to support affordable housing investment. The Fund is managed by the Office of Economic Development and International Trade (OEDIT) in partnership with CHFA.
Details
Eligible home types: To be eligible, projects seeking support must be located in a jurisdiction that has completed a Proposition 123 Local Government Affordable Housing Commitment with DOLA.
Eligible recipients: Local and tribal governments, nonprofits, for-profits, governmental entities including housing authorities
Eligible uses: acquisition and preservation of land, creation or preservation of low- and middle-income multifamily rental development, creation or preservation of modular and factory build manufacturers
Affordability requirements: Affordability requirements vary depending on program, however must serve individuals and families earning at or below specified AMIs
Geography funding is available to : Statewide
Maximum financial assistance per project: Varies depending on program
Additional notes or requirements:
Links to more information: https://coloradoaffordablehousingfinancingfund.com/ https://cdola.colorado.gov/prop123
Denver Regional Transit-Oriented Development Fund
Operated by Enterprise Community Partners, the Fund provides financing for the acquisition of property alongside transit corridors for the preservation or development of affordable housing and community facilities.
Details
Eligible home types: Multifamily affordable rental housing (for-sale may be considered), mixed-use
Eligible recipients: Multifamily affordable housing developers
Eligible uses: Land acquisition, new construction, or preservation
Affordability requirements:
Geography funding is available to : Located in the seven-county Denver Metro Area; and within 1/2 mile of existing or future fixed rail station or within 1/4 mile of a high frequency bus corridor (City and County of Denver); or within 1/2 mile of an existing or future fixed rail station or bus corridor (region)
Maximum financial assistance per project: Up to $5 million for vacant land/non-operating properties, Up to $7.5 million for preservation
Additional notes or requirements:
Links to more information: https://www.enterprisecommunity.org/resources/denver-regional-tod-fund-term-sheet

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Low-Income Housing Tax Credit (LIHTC)
The Low-Income Housing Tax Credit provides an incentive for investors to invest in affordable housing construction and preservation via a tax credit. It is available as a competitive credit (9%), scored based on criteria in CHFA's Qualified Allocation Plan, or a non-competitive credit (4%), available to any project that receives at least 50 percent of their funding through tax-exempt bond financing (e.g. Private Activity Bonds) may claim this smaller tax credit without receiving a specific allocation from CHFA.
Details
Eligible home types:
  • Multifamily homes
  • Single-family homes
Eligible recipients:
  • For-profit developers
  • Nonprofit developers
  • Housing authorities
Eligible uses:
  • New construction of rental properties
  • Rehabilitation of rental properties
  • Permanent supportive housing
Affordability requirements:
Income requirements:
  • At least 20 percent of units affordable to households at or below 50% AMI
  • At least 40 percent of units affordable to households at or below 60% AMI
  • At least 40 percent of units affordable to households at or below 60% AMI (based on income averaging across all units)
  • Rents cannot exceed 30 percent of 50-60% AMI (depending on share of credits in use)
  • 30 year affordability period
Geography funding is available to :
Statewide
Maximum financial assistance per project:
9% LIHTC: $1,350,000 (except for project financed with private activity bonds)
Additional notes or requirements:
9% and 4% federal Low-Income Housing Tax Credits are awarded by CHFA on annual basis. All projects must meet the minimum application and underwriting requirements and then are further evaluated against scoring criteria outlined in the Qualified Allocation Plan. CHFA sets a minimum score for both tax credit awards, with a lower threshold score for 4% federal tax credit projects and outlines state-specific policy priorities in its Qualified Allocation Plan.
Links to more information:
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