Cic Bank Chicago
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Cic bank chicago. Watch cic s on demand webinar to learn tips from industry experts. 2 500 loans to buy rehab buildings. This commitment by cic and its investor banks is expected to. Cic is a certified community development financial institution cdfi a member of the federal home loan bank of chicago and an approved fha multifamily lender.
Amber marie green co founder and ceo the media incubator of chicago. Lightfoot and department of housing doh commissioner marisa novara joined the community investment corporation cic today to announce a 330 million lending commitment from 40 banks for the acquisition and rehabilitation of 7 000 units of affordable rental housing on chicago s south and west sides. Cic is certified as a community development financial institution cdfi by the us department of the treasury and is a member of the federal home loan bank of chicago. 1 5 billion in loans.
Community investment corporation chicago s multifamily rehab lender provides financing to buy and rehab apartment buildings in the 6 county chicago area we also offer property management training. Provides tailored commercial and personal banking services private wealth management and small business financial solutions from coast to coast. Chris pezza sales director the apartment source. Cic is a certified community development financial institution cdfi a member of the federal home loan bank of chicago and an approved fha multifamily lender.
1 5 billion loaned 2 500 loans financed. 2 500 loans to buy rehab buildings. Cic is certified as a community development financial institution cdfi by the us department of the treasury and is a member of the federal home loan bank of chicago. Cic is certified as a community development financial institution cdfi by the us department of the treasury and is a member of the federal home loan bank of chicago.
How it works banks participate in cic s multifamily and 1 4 unit loan programs via a unique concept the note purchase agreement npa.
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