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.

Neighborhood Stabilization Program- Round 2 Public Notice

The National Housing Trust Community Development Fund, in collaboration with NHT/Enterprise Preservation Corporation, Telesis Corporation, HomeFree-USA, Jovian Systems, Inc., The Eisenhower Foundation, Neighborhood Associates Corporation, The Corella & Bertram F. Bonner Foundation, and The National Alliance for Public Trust, are submitting a response to the Department of Housing and Urban Development Notice of Fund Availability for the Neighborhood Stabilization Program 2 under the American Recovery and Reinvestment Act, 2009. Our proposal will focus on the acquisition and rehabilitation of abandoned and foreclosed properties in the Marshall Heights and Carver Langston neighborhoods located in Washington, DC. We are requesting an award of $30,000,000 to carry out neighborhood stabilization activities for multifamily and single-family residences as well as for community spaces for residents.

Please visit our website (https://nhtcdfapplication.pbworks.com) beginning June 29, 2009 through July 8, 2009 to review a draft of our submission and provide any comments you may have about the proposed plan.
 

Programa de Stabilización del Vecindario - Segunda Ronda Anuncio Público

El National Housing Trust Fondo de Desarollo Comunitario, en colaboración con NHT/Enterprise Corporación de Preservación, La Corporación Telesis, HomeFree-USA, Sistemas Jovian, Inc, La Fundación Eisenhower, La Corporación de Asociados del Vecindario, La Fundación Betram F. Bonner, y La Alianza Naciónal para Confianza Pública, entregan este oficio conforme a la solicitud del Departamento de Vivienda y Desarollo Urbano para fondos nombrados “Programa de Stabilización de Vecindario – Segunda Ronda (NSP2)” bajo el Acto ARRA, 2009. Nuestra propuesta utilizará el financiamiento NSP2 para adquirir y rehabilitar propiedades residenciales abandonadas o las que hayan pasado por ejecución hipotecaria en los vecindarios de Marshall Heights y Carver Langston ubicados en Washington, DC. Pretendemos presentar una solicitud de valor total de $30 millones para llevar a cabo actividades de stabilización del vecindario para propiedades residenciales que sirven famílias múltiples y famílias individuales asi como espacios comunitarios para residentes.

Favor que visitar nuestra pagina web (https://nhtcdfapplication.pbworks.com) a partir del 29 de Junio, 2009 hasta el 8 de Julio, 2009 para revisar nuestra propuesta y compartir con nosotros sus opiniónes y comentarios.
 

	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
	Promoting Asset Building Through Shared Equity Housing and Community Land Trusts Summary: Shared equity housing and community land trusts are two critical tools to build the assets of lower income families. The National Housing Trust, a pioneer in preserving rental housing, is now firmly in the business of making these tools more accessible through first its management and now its ownership of Institute for Community Economics’ (ICE) assets– projecting $30 million in loans to protect and improve 5,000 homes for owner occupancy. We are excited about this substantial partnership which will leverage more than $500 million in other financial dollars to create permanent affordable homes. Continue reading this story
	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: VCC and NHT Launch Preservation Acquisition Loan to Safeguard Virginia’s Affordable Housing Summary: Virginia Community Capital and the National Housing Trust Community Development Fund, two leading affordable housing lenders, announce today a new preservation acquisition loan pool to help preserve Virginia’s affordable rental housing, an essential housing resource for low income families and seniors. View press release
	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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