At a glance
From its website, read 2 Nov 2026MHIC, LLC is a loan fund based in Boston, Massachusetts. Its website describes commercial real estate loans, equity investment and affordable housing development loans. Stated loan amounts run from $500,000 to $10M.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| contact@mhic.com source | |
| Website | www.mhic.com |
| Office (official list) | 21 Custom House Street, 8th Floor, Boston, MA 02110 |
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 25 Oct 2013 |
| RSSD ID | — (none listed) |
| Address | 21 Custom House Street, 8th Floor, Boston, MA 02110 Directions (Google Maps) |
| Website | www.mhic.com |
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. No online application or non-English service was found on the pages fetched. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Commercial real estate loans | — | Affordable and Mixed-Income Housing; Mixed-use properties; Commercial and Community Developments | source |
| Equity / venture investment | — | Our Housing Tax Credit program delivers equity financing for affordable housing and community development | source |
| Affordable housing development loans | $500,000 – $10M | $500,000 to $10,000,000* | source |
Service area
Not stated on the pages we read.
Borrower focus
- Nonprofits
Non-Profits
source
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)
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 interest rate and fees should I expect on your commercial real estate loans and affordable housing development loans?
Their website does not state a rate for this. - 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?
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 2026New Markets Tax Credit allocations
$25 million in 1 allocation. An NMTC allocation is the authority to offer investors federal tax credits for community investments; it is not cash paid to the lender and is not counted in the award total above.
| Round year | Program | Allocation |
|---|---|---|
| 2002 | New Markets Tax Credit allocation | $25,000,000 |
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.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Largest loan its website states | $10M | Other loan funds whose website states a maximum: median $250,000. Higher than the stated maximum of 95% of these 184. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Largest stated loan | other loan funds stating a maximum, nationwide | 184 | higher than 95% |
“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. Peer groups and sources: methodology.
Other certified CDFIs in Boston and Massachusetts
- American Community CapitalLoan fund · Boston, MAOfficial list only
- Aura Mortgage AdvisorsLoan fund · Boston, MAOfficial list only
- BlueHub Loan Fund IncLoan fund · Boston, MAChild-care facility financing, Commercial real estate loans, Affordable housing development loans, Nonprofit / community facility loansVerified
- Children's Investment Fund, Inc.Loan fund · Boston, MAChild-care facility financingVerified
- Community Health Center Capital Fund, Inc.Loan fund · Boston, MAEnergy / solar / efficiency loans, Equipment loans, Nonprofit / community facility loansVerified
- Grow America Fund, Inc.Loan fund · Boston, MASmall-business loansVerified
- Housing Partnership Fund, Inc., TheLoan fund · Boston, MAAffordable housing development loansVerified
- Local Enterprise Assistance Fund, Inc.Loan fund · Boston, MAAffordable housing development loans, Small-business loansVerified
Work at MHIC, LLC? Link to this page
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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.