GRANT · HOW TO WIN THIS
Varies by project; loan terms tailored to each deal.
Rolling — no fixed deadline.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No public data on approval rates, but the fund has deployed $680M to date across 3,555 homes, suggesting steady deal volume.
Applications are rolling, so there is no single competitive cycle. Fit depends on your project type, financing gap, and alignment with their affordable housing mission.
WHAT IT TAKES
Review their borrowing solutions and confirm your project qualifies — 1–2 hours
Contact the fund via their 'Borrow' page to discuss your financing need — 1 week to get a response
Submit project and financial details for underwriting — Weeks to months depending on deal complexity
WORTH KNOWING
The fund explicitly serves organizations facing a 'wide variety of affordable housing financing gaps,' suggesting flexibility on deal structure — worth a direct conversation even if your financing situation is unusual.
MORE LIKE THIS
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Afena Federal Credit Union
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Small businesses and startups in Indiana can access loans through this CDFI credit union, with no stated identity restrictions.
The Bridgeway Federal Credit Union
Varies; specific loan amounts not published.
Small businesses and startups in Alabama can apply for loans on a rolling basis through this CDFI credit union.
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