Skip to main content
Rural Health Information Hub

Affordable Housing Loans for Low-Income Rural Communities

Housing Assistance Council
Applications accepted on an ongoing basis

Kristin Blum

Eileen Neely


Housing Assistance Council (HAC) provides short-term loans at below market interest rates to local nonprofits, for-profits, and government entities that are working to develop affordable housing for low-income, rural communities.

HAC loans may be used for:

  • Predevelopment
  • Acquisition
  • Construction
  • Self-help housing
  • Preservation

Eligible applicants include:

  • Community-based nonprofit organizations
  • Housing development corporations
  • Self help housing sponsors
  • Farm worker organizations
  • For-profit developers
  • Cooperatives
  • Tribes
  • Land trusts
  • Public agencies
  • Units of local government
Geographic coverage
Amount of funding

Loan amounts and terms vary by project needs and borrower collateral.

Application process

Links to the fact sheet and online loan inquiry form are available on the program website.

Tagged as
Capital funding · Community and economic development · Housing and homelessness

Organizations (1)

For complete information about funding programs, including your application status, please contact funders directly. Summaries are provided for your convenience only. RHIhub does not take part in application processes or monitor application status.