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Lending Overview

Predevelopment and Interim Lending

Green Preservation Lending

Community Land Trust & Affordable Homeownership Lending




Housing Data

For additional information, contact:
Josh Earn
Director of Lending
202-333-8931 x134


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NHT Community Development Fund

The National Housing Trust Community Development Fund (NHTCDF) is a federally certified Community Development Financial Institution (CDFI) offering financing to affordable housing developers around the country. NHTCDF is committed to providing flexible and innovative financing to ensure our nation’s critical affordable housing stock is preserved and improved.

Product Offering


Pre-Development and Interim Financing for Affordable Housing Preservation
Rate: 5.5%-6.5% (Determined by Loan Committee)
Loan Amount: $50,000-$1,000,000
Term: 12-60 months (interest paid quarterly)

Acceptable Uses for Pre-Development Funds

• Earnest Money Deposit
• Purchase Deposit
• Architect/Engineer Services
• Environmental Consultants
• Finance and Development Consultants
• Tax Credit Consultants
• Finance Related Fees (e.g. tax credit reservation fees; loan origination fees)
• Market Studies
• Project-related sponsor overhead


Acceptable Uses for Interim Development Funds

• Bridge Financing
• Bond Underwriting
• Bond Counsel
• Environmental Consultants
• Legal Fees Associated with Permanent Financing
• Rehabilitation
• Portion of Permanent Financing Within Loan Term


Loan Inquiry Form >>
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Loan Spotlight: Twining Terrace
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. Before major work could begin, the cooperative needed to develop a 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.
They turned to NHTCDF for help.

On May 16, the Twining Terrace Cooperative Association and NHTCDF, in partnership with the Enterprise Community Loan Fund, closed on a $475,000 loan to cover predevelopment expenses. With the Trust's predevelopment money in hand, residents were able to pursue substantial renovations that improved their individual units and common areas.