Non-Profit Facilities

Non-profits are part of the community infrastructure and their programs and facilities are particularly important for low-income, low-wealth individuals, households and communities.

MHCLF has made nearly two dozen community facility loans for over $7.5 million since 2005.

MHCLF has leveraged these loans with over $18 million of municipal, philanthropic, traditional lender and other community financing resources to help make projects happen.  MHCLF’s community facilities loans have helped create or rehab nearly 300,000 square feet of space.

Past borrowers have included a community recreation center, health clinics, daycare centers, treatment and shelter facilities, early childhood education centers, charter schools and non-profit program facilities.

Basic Eligibility

Non-Profit Organizations that:

  • Provide essential community services
  • Benefit low-income, low-wealth users and communities

Uses of Funds:

  • Predevelopment expenses
  • Real estate acquisition
  • Construction (including rehabilitation and energy efficiency)
  • Bridge financing
  • Mini-perm financing

Rates and Terms:

  • Interest rate varies with loan-to-value, term and risk profile
  • Origination fee of 1-2%
  • Varies with use of funds; generally up to 36 months; mini-perms up to 7 years


  • Real estate collateral generally required