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Institute for Community Economics
Institute for Community Economics
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 2 hrs
Can you get this?
✓For affordable housing projects or organizations
✓Serves populations underserved by traditional finance
✓Prospectus-based notes limited to specific states and Canada
Your real odds
No public approval rate exists, but ICE has deployed financing across 30 states since 1979 and funded over 5,000 homes, so the track record is real even if the odds are opaque.
Applications are rolling with no stated deadline, and selection weighs your project's alignment with permanently affordable housing goals alongside your ability to attract socially minded investor capital.
What it takes
Download and review the Prospectus and Rate Sheet1 to 2 hrs
Complete and submit the Investment ApplicationSeveral days
Email ICE to discuss your project
Worth knowing
ICE finances 'innovative permanently affordable housing solutions,' so projects with a clear long-term affordability mechanism, like a community land trust, fit the model better than standard market-rate or short-term affordable deals, and applicants who miss that distinction tend to show it in their framing.
What else do you qualify for?
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