As a part of Habitat for Humanity—with decades of affordable housing experience—Habitat Community Capital (HCC) was founded in 2016 as a nonprofit lender to provide Habitat affiliates and other affordable housing developers with the critical funding to build more homes.
As a certified Community Development Financial Institution (CDFI), we provide upfront capital and liquidity directly to affordable housing organizations so they can accelerate and expand affordable housing projects and serve more people, faster.
Our Mortgage Purchase program generates immediate liquidity for affordable developers through the purchase of existing mortgage loans. Many affordable homeownership builders originate their own mortgage loans for partner families; the organizations then hold, service, and receive payments for the lifetime of the mortgage. Organizations sell these mortgages to HCC for a lump sum to fund their next development.
Construction Loans provide established organizations with funding for for their next construction project, giving them the liquidity they need to increase their capacity and expand the production of affordable housing. With interest rates that are generally lower than conventional financing, organizations can dedicate more capital towards building homes. HCC does not require interest payments during the life of the loan, so borrowers maintain liquidity throughout construction and repay the loan once the completed homes sell.
We leverage capital from banks, foundations, corporations, and government agencies and move investments quickly to the organizations that need them, so they can get to work building the affordable housing we need.
We’ve structured our loans specifically to respond to the challenges facing affordable housing organizations.
+ Low interest rates
+ Little to no upfront expense
+ Simple & smooth loan processing
+ Easier to access than conventional financing
An investment in HCC is an investment in your community, increasing the capacity of affordable housing organizations to build more homes and serve more people.
By providing upfront capital and liquidity directly to affordable housing organizations, HCC enables these organizations to accelerate and expand affordable housing projects, leveraging your investment to serve more people, faster.