MHCLF’s community development lending activity would not be possible without the investments and contributions of our community partners, including individuals, foundations, financial institutions and municipalities. MHCLF has leveraged community partner investments to raise $2.3 million in competitive Financial Assistance awards from the U.S. Department of Treasury’s CDFI Fund. With total assets of $14 million and net assets of over $5 million, MHCLF has a solid financial platform to support high impact community development projects.
MHCLF continually seeks out additional socially conscious partners and investors committed to building healthy communities and creating innovative financial solutions to community development real estate project challenges.
The MHCLF Board of Directors and staff and committed to transparency and prudent financial management practices. We have demonstrated this commitment with our continuous involvement, since 2007, with the Aeris (previously known as CARS™) Rating System process.
Our deep understanding of the community development sector and our years of experience working with developers, non-profits and related organizations provides our investment partners with confidence in our ability to maximize the impact of their resources and comply with the covenants of their investment. MHCLF has never missed a payment to any of our investors.