GRANT · HOW TO WIN THIS
Varies by project and program; no published minimums or maximums.
Rolling submissions — no set deadline.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
MHIC has closed over 122 NMTC projects and financed 29,500+ homes over 35 years, suggesting a consistent but selective dealflow.
Lines of credit are offered only to borrowers with existing relationships. Other loan products appear more broadly available but are still subject to underwriting and project fit with MHIC's community impact criteria.
WHAT IT TAKES
Review MHIC's lending programs to identify the right product for your project type — 1–2 days
Reach out to MHIC directly via contact@mhic.com or 617-307-2491 to discuss your project — 1 week
Submit project details and financing request for underwriting review — 2–4 weeks
WORTH KNOWING
MHIC prioritizes projects with demonstrated community impact, and their NOAH and Boston Acquisition Funds are specifically designed to help mission-driven developers compete against private investors—if your project focuses on displacement prevention or small multi-family properties, those programs may be the strongest fit.
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