Affordable Housing
Keeping Neighbors in the Neighborhood
CFE provides loans for low- and moderate-income housing, mixed-use projects with a residential component, and market-rate housing located in communities where its development will have a lasting, positive impact. We are committed to making housing more affordable through the creation, rehabilitation, and preservation of the following:
- Rental housing
- For-sale housing developments
- Limited equity cooperatives
- Supportive housing for residents with special needs
Our core business is buildings with between 5 and 50 units, as it is an underserved segment of the affordable housing market, but we also finance larger developments. Additionally, we work closely with green energy partners to retrofit existing affordable housing for energy efficiency and to incorporate renewable energy sources into new projects.
An additional 374,000 housing units, 40% of which should be affordable to low- and middle-income households, are needed by 2030 to match the projected growth in the Greater Washington Area.
