CDFI affordable housing development loans in Illinois

Counted from each lender's own website: a lender is listed when it describes affordable housing development loans on a page we read and is headquartered in Illinois or names Illinois, or a county or town in it, as its service area. 16 other verified lenders that serve Illinois did not mention affordable housing development loans on the pages we read, and 9 lenders headquartered here have no verified data yet. Not mentioned does not mean not offered. A listing is not an offer: ask the lender.

What these 8 lenders say

Lender websites, 29 Oct 2026–4 Nov 2026

Lender types	7 loan funds, 1 venture capital fund
Largest amount stated	None of these lenders states a maximum for this product on the pages we read
Borrower focus stated	Low- and moderate-income / underserved (3), Nonprofits (3), Minority / BIPOC (2), Women (1)
Languages other than English	Spanish (1)
Online application link found	4 of 8
Service area stated on their site	8 of 8

See also all 28 CDFIs headquartered in Illinois.

Headquartered in Illinois (7)

• Bridge Investment Community Development CorporationLoan fund · Rock Island, ILAffordable housing development loans, Microloans, Small-business loansThis loan program is designed to help create and keep affordable housing available for families and individuals who need it most.Verified
• Chicago Community Loan Fund, TheLoan fund · Chicago, ILCommercial real estate loans, Affordable housing development loans, Nonprofit / community facility loansTypes of Housing Loans Predevelopment LoansVerified
• Cinnaire Lending CorporationLoan fund · Chicago, ILAffordable housing development loans, Nonprofit / community facility loansCinnaire Lending provides financial products for organizations to build and preserve affordable housing and community facilities.Verified
• Community Investment CorporationLoan fund · Chicago, ILCommercial real estate loans, Energy / solar / efficiency loans, Affordable housing development loansCIC provides construction loans to new buyers or existing owners of SRO housing.Verified
• Greenwood Archer Capital, Inc.Loan fund · Chicago, ILCommercial real estate loans, Affordable housing development loans, Small-business loansprovides construction financing when neededVerified
• IFFLoan fund · Chicago, ILEquipment loans, Affordable housing development loans, Nonprofit / community facility loansConstruction to Permanent Loans for Affordable Rental ProjectsVerified
• National Community Investment FundVenture capital fund · Chicago, ILAffordable housing development loans, Small-business loansThrough direct loans, participations, and subordinated debt, we help finance affordable housing, healthcare, small business expansion, and critical infrastructure.Verified

Based elsewhere, say they serve Illinois (1)

Their own website names Illinois, or a county or town in it, in its service area.

• Technical Assistance CorporationLoan fund · St Louis, MOAffordable housing development loans, Small-business loansLoans tailored to small developers who wish to purchase and renovate housing – whether single-family homes to be re-sold, or multi-family buildings to hold as rental property.Service area: St. Louis City and St. Louis County, MO; Madison and St. Clair Counties, ILVerified

National lenders (17)

These lenders say they lend nationwide and do not exclude Illinois. They are not counted above.

• BlueHub Loan Fund IncLoan fund · Boston, MAChild-care facility financing, Commercial real estate loans, Affordable housing development loans, Nonprofit / community facility loansWe offer a full range of flexible loan products for affordable housing projects, including:Verified
• Community Development Trust, LP, TheLoan fund · New York, NYAffordable housing development loansCDT provides long-term capital to support the creation and preservation of high-quality affordable housing throughout the United States.Verified
• Community Housing Capital, Inc.Loan fund · Decatur, GAAffordable housing development loansUp to $10MMVerified
• Disability Fund, Inc., TheLoan fund · Rockville Centre, NYAffordable housing development loansas well as gap, predevelopment, acquisition and rehabilitation financing.Verified
• Five Points Community Capital, LLCLoan fund · Austin, TXAffordable housing development loans, Small-business loansmaking loans to affordable housing developersVerified
• Housing Partnership Fund, Inc., TheLoan fund · Boston, MAAffordable housing development loansEnterprise and project-level financing to grow our members’ real estate business lines and support the acquisition, development and preservation of single and multi-family affordable housing.Verified
• Local Initiatives Support CorporationLoan fund · New York, NYChild-care facility financing, Affordable housing development loans, Nonprofit / community facility loans, Small-business loansWe provide financing for the construction or preservation of a variety of real estate projects including multifamily rental housing, affordable for-sale housing, and mixed-use developments.Verified
• Mercy Community CapitalLoan fund · Denver, COAffordable housing development loansThroughout 2025, Mercy Community Capital (MCC) continued to support developers who were relatively new to affordable housing or had limited access to traditional debt sources. As a Community Development Financial Instit…Verified
• Neighborworks Capital CorporationLoan fund · Silver Spring, MDAffordable housing development loansFlexible, patient loans for real estate development and capacity buildingVerified
• Nonprofit Finance FundLoan fund · New York, NYChild-care facility financing, Commercial real estate loans, Energy / solar / efficiency loans, Affordable housing development loans…up to $1MThe program offers affordable loans of up to $1,000,000 with flexible terms.Verified
• Partners for the Common Good, Inc.Loan fund · Washington, DCCommercial real estate loans, Affordable housing development loans, Nonprofit / community facility loansWe support every stage of affordable housing development: predevelopment, acquisition, bridge, construction/rehab, and mini-perm financing.Verified
• Reinvestment Fund, Inc., TheLoan fund · Philadelphia, PAChild-care facility financing, Commercial real estate loans, Energy / solar / efficiency loans, Equipment loans…Reinvestment Fund provides financing that supports small scale housing developers as well as developers who are underrepresented in real estate development.Verified
• Resident Ownership Capital, LLC dba ROC USA CapitalLoan fund · Washington, DCAffordable housing development loansAcquisition & Capital Improvement FinancingVerified
• Rocky Mountain Community Reinvestment CorporationLoan fund · Salt Lake City, UTAffordable housing development loansRMCRC specializes in providing permanent financing for multifamily rental properties that serve low-to-moderate income households.Verified
• Shared Capital CooperativeLoan fund · Saint Paul, MNCommercial real estate loans, Equipment loans, Affordable housing development loans, Small-business loansLoans are made to cooperatively owned small business, microenterprises, commercial real estate and multi-family and affordable housing.Verified
• The Community Business Investment Fund, LLCLoan fund · Austin, TXAffordable housing development loansPredevelopment Loans are designed to support Low-Income Housing Tax Credit (LIHTC) transactions.Verified
• The Housing Partnership Network, Inc.Loan fund · Boston, MAAffordable housing development loansEnterprise and project-level financing to grow our members’ real estate business lines and support the acquisition, development and preservation of single and multi-family affordable housing.Verified

County pages in Illinois with these lenders

Number of lenders above that name the county (or a town in it) on their website or are headquartered there.

Other loan types in Illinois

CDFI affordable housing development loans in other states

CDFI Atlas is not a lender and does not give financial advice. Inclusion is not an endorsement. Disclaimer.