Housing Financing
Loans support multifamily acquisition, rehabilitation, refinancing, an
Community Investment Corporation
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About Community Investment Corporation
Based in Chicago, Community Investment Corporation is a community and social services organization focused on housing investment and preservation. It provides financing to acquire, rehabilitate, refinance, and construct multifamily housing, including buildings with five or more units and Single-Room Occupancy properties. CIC also offers energy and water retrofit financing, mezzanine debt, and grants for eligible developments in designated TIF districts. Some programs focus on preserving housing in North Lawndale, rehabbing or building homes in Woodlawn, and supporting affordable housing for vulnerable residents. Property owners can enroll in virtual or in-person property management training covering investing, Chicago landlord-tenant requirements, fair housing, marketing, tenant selection, maintenance, and related topics. A certificate is available after passing the course test.
Disclosure: Profile information has been compiled from publicly available sources and has not yet been verified by the business.
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At a glance
- Service area
- Chicago neighborhoods, suburban communities, Cook County
- Credentials
- Certified Community Development Financial Institution (CDFI), Member of the Federal Home Loan Bank of Chicago
- Founded
- 1974
- Specializes in naturally occurring affordable housing (NOAH).
- Property Management Training certificate complies with City of Chicago, HUD Landlord Training, and most Bank/Lender requ
From www.cicchicago.com, checked 22 Oct 2026. Only what the business states on its own website.
Services
- Multifamily acquisition, rehabilitation, and refinance loans For buildings with five or more units.
- Energy and water saving retrofit financing For multifamily buildings.
- North Lawndale housing financing Low-cost financing to preserve and improve housing.
- Mezzanine debt Low-cost financing for high-cost markets.
- Woodlawn construction loans For local owner-developers rehabbing or building homes.
- SRO construction loans and grant assistance For purchasing and preserving housing, with a focus on SRO units.
- TIF district development grants May cover up to 50% of total development costs for eligible properties.
- Property Management Training Workshop and virtual self-paced course for residential rental property owners.
- Direct action to preserve troubled buildings
As listed by Community Investment Corporation. Prices as published by the business and may change.
Services & specialities
Highlights
Housing Preservation
Programs support affordable housing and SRO preservation in Chicago.
Property Training
Virtual and in-person courses cover residential rental management.
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