NHT Community Development Fund

The National Housing Trust provides loans through the National Housing Trust Community Development Fund (NHTCDF) to overcome a major obstacle facing affordable housing preservation: the lack of predevelopment and bridge financing available to nonprofits. The National Housing Trust Community Development Fund is the only certified nationwide Community Development Financial Institution (CDFI) exclusively dedicated to providing predevelopment and bridge financing to preserve and improve affordable homes. Since its inception in 1999, the Fund has made more than $8.7 million in loans, leveraging $418 million in private investment, helping to preserve nearly 5,000 affordable homes.

NHTCDF recently established the Green Affordable Housing Preservation Loan Fund to provide below market predevelopment and interim development loans to affordable housing developers who seek to incorporate green building techniques when rehabilitating existing affordable housing. Under the program, a portion of the loan will be forgiven when the developer demonstrates that they have incorporated practical, environmentally friendly design elements in the property's rehabilitation plan. The loans will help to transform deteriorating existing affordable housing into energy efficient, healthy homes for low income families and seniors. Click here for more information.

We want to express our deep appreciation for our funders’ support for NHTCDF, including the Ford Foundation, Fannie Mae’s Office of Community and Charitable Giving, Trinity Health, Bank of America, SunTrust Bank, the Calvert Foundation, the Home Depot Foundation, and the U.S. Treasury's Community Development Financial Institutions (CDFI) Fund.

Interested borrowers can complete the Inquiry Form below to find out if you are eligible for support from NHTCDF, or print out the full application.

	Success Stories Lending Success Stories Inquiry Form NHTCDF Loan Inquiry Form
	Full Application View as an Adobe PDF Document View as a Microsoft Word Document
	Terms and Conditions/Acceptable Uses Loan Fund - Terms and Conditions Interim Development Loan - Acceptable Uses Predevelopment Loan - Acceptable Uses
	Twining Terrace Cooperative: On the Path to Preservation Summary: After 25 years without significant renovations and major building systems in disrepair, the residents of Twining Terrace Cooperative in Washington, D.C. realized they needed to take action to save their homes. But before major work could even begin, the cooperative association needed to develop a comprehensive construction plan that included engineering assessments, appraisals, contractor bidding, and many other predevelopment needs. The problem: Taking these steps cost money that the cooperative did not have on hand. In response, they turned to the National Housing Trust for help. Continue reading this story
	Press Release: National Housing Trust receives $500,000 grant from the Home Depot Foundation; Funds will be used to invest in efforts to preserve and “green” affordable housing Summary: The National Housing Trust, a non-profit dedicated to preserving and revitalizing existing affordable housing, today announced that it has received a $500,000 grant from The Home Depot Foundation to establish the Green Affordable Housing Preservation Loan Fund. View press release
	Press Release: National Housing Trust Community Development Fund awarded $480,000  from the U.S. Department of the Treasury Community Development Financial Institutions Fund Summary: The U.S. Department of the Treasury Community Development Financial Institutions (CDFI) Fund announced a financial and technical assistance award of nearly $480,000 to the National Housing Trust Community Development Fund (NHTCDF) under the fiscal year 2007 round of the CDFI Program. NHTCDF was one of only 68 community-based organizations to receive an award in a very competitive application process. View press release

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