GRANT · HOW TO WIN THIS
Varies; loan amount not specified
Rolling — no deadline listed
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No public data on approval rates, but ICE has deployed financing across 30 states since 1979, funding over 5,000 homes.
Applications are rolling with no stated deadline, so timing is flexible. Competitiveness depends on your project's alignment with permanently affordable housing goals and your ability to attract socially minded investor capital.
WHAT IT TAKES
Download and review the ICE Prospectus and Rate Sheet from the NHT website — 1-2 hours
Complete and submit the ICE Investment Application — Several days to prepare
Engage with ICE directly via nht@nhtinc.org to discuss your project — Ongoing
WORTH KNOWING
ICE specifically finances 'innovative permanently affordable housing solutions' — projects with a clear long-term affordability mechanism (like a community land trust) are likely better fits than standard market-rate or short-term affordable deals.
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The Bridgeway Federal Credit Union
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Small businesses and startups in Alabama can apply for loans on a rolling basis through this CDFI credit union.
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