GRANT · HOW TO WIN THIS
Loan amount varies; terms not publicly listed — contact lender directly.
Rolling — no fixed deadline, apply when your project is ready.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No public data on approval rates, but RMCRC has financed projects across the USA over 25+ years with a growing portfolio.
Applications are rolling, so there is no competition deadline, but loans are underwritten individually. Fit with affordable housing and low-to-moderate income community criteria will drive eligibility.
WHAT IT TAKES
Confirm your project qualifies — multi-family affordable rental housing serving low-to-moderate income residents — 1–2 days
Contact RMCRC directly at lending@rmcrc.org to discuss your project and loan needs — 1 week
Submit loan application and go through underwriting, commitment, and closing process — Weeks to months depending on project complexity
WORTH KNOWING
RMCRC provides technical assistance alongside financing, which can be valuable for developers navigating complex affordable housing deals for the first time.
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