GRANT · HOW TO WIN THIS
Varies; no published minimum or maximum disclosed.
Rolling — no set deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No public data on approval rates, but HCC has deployed $18.4 million and financed 98 homes since 2016, suggesting a modest but active lending volume.
Applications are rolling, so there is no competitive cohort deadline. Odds depend on your project's fit with affordable housing development and your organization's capacity to repay.
WHAT IT TAKES
Confirm eligibility — your organization must be an affordable housing developer or Habitat affiliate — 1 day
Review loan options on the HCC site and contact HCC directly to discuss your project — 1–3 days
Submit a loan application via the 'Apply Now' portal — 1–2 weeks to prepare
WORTH KNOWING
HCC emphasizes low interest rates, minimal collateral, and simple loan processing — these are meaningful differentiators from conventional construction lenders, so it is worth comparing terms directly before pursuing other capital sources.
MORE LIKE THIS
Community 1st Credit Union
Varies; loan terms depend on business type and credit profile.
Iowa-based small businesses and startups can apply for business loans through this CDFI credit union on a rolling basis.
Afena Federal Credit Union
Varies; personal and business loans from $200 up to undisclosed amounts depending on product.
Small businesses and startups in Indiana can access loans through this CDFI credit union, with no stated identity restrictions.
The Bridgeway Federal Credit Union
Varies; specific loan amounts not published.
Small businesses and startups in Alabama can apply for loans on a rolling basis through this CDFI credit union.
$50B+ in available capital across grants, VC funds, CDFIs, and accelerators. Filter by your industry, stage, and region, and see everything you qualify for.
Explore the funding database →
$19/month · cancel anytime