At a glance
From its website, read 2 Nov 2026Housing Assistance Council is a loan fund based in Washington, District of Columbia. Its website describes affordable housing development loans. The business loan rate it states is 0%.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Website | www.ruralhome.org |
|---|---|
| Office (official list) | 1828 L Street NW, Suite 505, Washington, DC 20036 |
What their website says about applying
Submit a Loan Inquiry
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 2 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Loans (general) | Rate stated, not as an APR: see their wording | HAC funds are currently available to non-profit organizations and public entities as low as 6.5% interest (higher rates may apply to for-profit borrowers). | source |
| Affordable housing development loans | Rate: 0% | HAC makes 0% loans, up to $15,000 per unit for SHOP-eligible expenses on self-help family labor contribution housing developments | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 12 Jul 2025 |
| RSSD ID | — (none listed) |
| Address | 1828 L Street NW, Suite 505, Washington, DC 20036 Directions (Google Maps) |
| Website | www.ruralhome.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. Loan product pages describe development financing for housing developers; no general loan size range is stated. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Affordable housing development loans | — | HAC provides flexible capital to meet rural housing development and preservation needs throughout the development process, including: | source |
Loan sizes
Service area
Not stated on the pages we read.
Borrower focus
Languages
- No non-English service found on the pages we read.
Online application
No online application link found on the pages we read.
Pages read (7)
- https://ruralhome.org/
- https://ruralhome.org/statement-on-preservation-pilot/
- https://ruralhome.org/our-work/lending/
- https://ruralhome.org/our-work/lending/loan-products/
- https://ruralhome.org/our-work/lending/loan-products/?s=
- https://ruralhome.org/our-work/lending/about-lf/
- https://ruralhome.org/our-work/lending/?s=
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- Do you lend where I live, or where my business is?
Their website does not say which area they serve. - What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - How long can I take to repay?
No repayment terms are stated on their website. - Can I apply online, or do I need to call or visit?
We found no online application on their website. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$27.3 million in 19 awards from the U.S. Treasury's CDFI Fund, 1998–2024 (4 programs).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $1,285,000 |
| 2023 | Capital Magnet Fund | $5,000,000 |
| 2022 | CDFI Equitable Recovery Program | $2,478,839 |
| 2022 | CDFI Program, Financial Assistance | $717,900 |
| 2021 | CDFI Program, Financial Assistance | $701,530 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2021 | Capital Magnet Fund | $2,812,500 |
| 2020 | CDFI Program, Financial Assistance | $794,500 |
| 2020 | Capital Magnet Fund | $1,478,251 |
| 2016 | Capital Magnet Fund | $1,200,000 |
| 2013 | CDFI Program, Financial Assistance | $970,335 |
| 2012 | CDFI Program, Financial Assistance | $1,453,806 |
| 2011 | CDFI Program, Financial Assistance | $1,500,000 |
| 2010 | CDFI Program, Financial Assistance | $750,000 |
| 2009 | CDFI Program, Financial Assistance | $1,000,000 |
| 2007 | CDFI Program, Financial Assistance | $649,650 |
| 2003 | CDFI Program, Financial Assistance | $1,035,000 |
| 2000 | CDFI Program, Financial Assistance | $735,000 |
| 1998 | CDFI Program, Financial Assistance | $900,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Sep 2023| Total assets | $66.2M |
|---|---|
| Total liabilities | $24.2M |
| Net assets | $42M |
| Total revenue | $14.1M |
| Program-related investments (Part X line 13) | $39.6M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending September 2023 (tax year 2022; EIN 52-0939288, filed as “HOUSING ASSISTANCE COUNCIL”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Sep 2021 (990) | $50.2M | $32.2M | $11.6M | $27.8M |
| Sep 2022 (990) | $56.4M | $37.6M | $14.5M | — |
| Sep 2023 (990) | $66.2M | $42M | $14.1M | — |
Total assets grew 32% from Sep 2021 to Sep 2023. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets, latest IRS Form 990 | $66.2M | Larger than 67% of the 9 other certified loan funds and venture funds in District of Columbia with a matched Form 990 (median $23.4M). |
| Business loan rate its website stated (2 Nov 2026) | 0.00% | Prime rate that day: 7.00% (FRED DPRIME), so the lowest stated rate is 7 pts below prime. For an SBA 7(a) variable-rate loan the legal maximum is prime plus 3 to 6.5 points, by loan size. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Form 990 total assets | certified loan and venture funds with a Form 990, in District of Columbia | 9 | larger than 67% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section). Prime rate: FRED DPRIME.
Other certified CDFIs in Washington and District of Columbia
- Baba's Cooking School LLC dba EatsPlaceLoan fund · Washington, DCAgriculture / farm loans, Equity / venture investment, Small-business loansVerified
- Building Hope FinanceLoan fund · Washington, DCOfficial list only
- CBA FundLoan fund · Washington, DCOfficial list only
- City First Bank, N.A.Bank or thrift · Washington, DCCommercial real estate loans, Energy / solar / efficiency loans, Affordable housing development loans, SBA-backed loans (7(a)/504/Community Advantage)…Verified
- City First Enterprises IncBank holding company · Washington, DCCommercial real estate loans, Energy / solar / efficiency loans, Equipment loans, Affordable housing development loans…Verified
- City First Homes Inc.Loan fund · Washington, DCOfficial list only
- DC Federal Credit UnionCredit union · Washington, DCAuto / vehicle loans, Personal / consumer loansVerified
- DEVELOPING AFFORDABLE STARTER HOMES FUND, LLCLoan fund · Washington, DCOfficial list only
Work at Housing Assistance Council? Link to this page
Paste this into your website to show you are listed. If anything here is wrong, tell us first (how).
Something wrong or out of date on this page? Use the contact page or email contact@cdfiatlas.com and name the page.
CDFI Atlas is not a lender and does not give financial advice. Inclusion is not an endorsement, and lenders have not reviewed or approved these pages. Disclaimer.