We provide financing for owner-occupied or investor-owned multi-family or mixed-use residential
property.
Community Capital Fund’s primary focus will be on Bridgeport, but will include the Greater Bridgeport
area so that City residents can capitalize on the expansion of business and affordable housing
opportunities both in Bridgeport and the surrounding towns. Eligible property must be located in a low
or moderate-income neighborhood and provide affordable rental or special needs rental units.
Yes, if the property will include affordable rental or special needs rental units.
Yes, provided the rehabilitation portion is 30% or more of the total project cost.
Community Capital Fund will generally lend up to 80% of the after-rehabilitation value of the property
from its primary loan pool. The minimum loan amount is $30,000 and the maximum is $300,000.
There is a $250 application fee and a 2% commitment fee. For nonprofit organizations, the application fee
is $125 and the commitment fee is 1%.