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Massachusetts Housing Investment Corporation
Massachusetts Housing Investment Corporation
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 2 days
Can you get this?
✓For nonprofit and for-profit developers
✓Projects must be in New England
✓Focus on affordable housing or community development
✓NOAH Fund targets small multi-family properties
✓Boston Acquisition Fund limited to nonprofits and mission-driven developers
Your real odds
MHIC has closed over 122 NMTC projects and financed more than 29,500 homes across 35 years, so dealflow is consistent but the bar for fit is real.
Lines of credit are available only to borrowers with an existing MHIC relationship, and other loan products, while more broadly accessible, still require passing underwriting and meeting community impact criteria.
What it takes
Review lending programs for your project type1 to 2 days
Contact MHIC to discuss your project1 week
Submit project details for underwriting review2 to 4 weeks
Worth knowing
If your project focuses on displacement prevention or small multi-family properties, the NOAH and Boston Acquisition Funds are built specifically to help mission-driven developers compete against private investors, and that alignment is worth naming explicitly in your application.
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