CDFI, Loan

CDFI, Loan

North America

North America

OPEN

OPEN

GRANT · HOW TO WIN THIS

Housing Development Fund, Inc.

Housing Development Fund, Inc.

Varies; loan amounts depend on project scope.

·

Rolling — no fixed deadline, apply anytime.

AMOUNT

Varies; loan amounts depend on project scope.

AMOUNT

Varies; loan amounts depend on project scope.

DEADLINE

Rolling — no fixed deadline, apply anytime.

DEADLINE

Rolling — no fixed deadline, apply anytime.

FUNDING TYPE

CDFI, Loan

CAN YOU GET THIS?

This is for developers and small businesses financing affordable housing in Connecticut or New York.

This is for developers and small businesses financing affordable housing in Connecticut or New York.

HDF offers commercial lending for developers looking to buy, build, or rehab affordable homes. They also offer downpayment and closing cost loans for first-time homebuyers, but their business-facing products target housing developers specifically.

HDF offers commercial lending for developers looking to buy, build, or rehab affordable homes. They also offer downpayment and closing cost loans for first-time homebuyers, but their business-facing products target housing developers specifically.

YOUR REAL ODDS

No public data on approval rates, but HDF is a CDFI focused on community impact, not profit, which generally means more flexible underwriting than traditional banks.

Rolling submissions mean no deadline pressure, but loan amounts vary and terms are not publicly disclosed. Competitive financing is emphasized for developers with affordable housing projects.

WHAT IT TAKES

  1. Review lending programs on hdfconnects.org to confirm your project qualifies — 1-2 hours

  2. Contact HDF directly at 203.969.1830 or info@hdfconnects.org to discuss your project — 1 week to get a response

  3. Submit a loan application with project details — Varies by project complexity

WORTH KNOWING

HDF actively pursues public-private partnerships, so arriving with existing partners or matching capital may strengthen your application.

This is 1 of 1,600+ open opportunities.

This is 1 of 1,600+ open opportunities.

$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