Chicago-Naperville-Elgin, IL-IN-WI Metro Area

CIC Multifamily Loan Pool Chicago

Entities involved: Community Development Financial Institution (CDFI)

Community Investment Corporation’s (CIC) Multifamily Loan Program offers first mortgage financing for multifamily rental housing with 5 or more units, mixed-use buildings, cooperatives, Single Room Occupancy units (SROs), and special needs housing. The program has characteristics of a typical first mortgage lending program, but CIC’s Property Management Training, extensive community … Read more >