TCHFH LENDING INC

TWIN CITIES HABITAT FOR HUMANITY IS THE SOLE MEMBER OF THE TCHFH LENDING INC. CORPORATION; TOGETHER THE TWO ORGANIZATIONS WORK IN PARTNERSHIP TO MAKE DECENT, AFFORDABLE HOMEOWNERSHIP POSSIBLE FOR LOW AND MODERATE INCOME HOUSEHOLDS ACROSS THE TWIN CITIES SEVEN-COUNTY METRO. TCHFH LENDING, INC. ORIGINATES AFFORDABLE MORTGAGES, SERVICES RESIDENTIAL MORTGAGE LOANS, AND PROVIDES DOWN PAYMENT AND CLOSING COST ASSISTANCE TO FIRST-TIME HOMEBUYERS. ITS PRIMARY PROGRAM IS TO FINANCE RESIDENTIAL MORTGAGES TO A TARGET MARKET OF LOW INCOME HOUSEHOLDS FOR THE PURCHASE OF A HABITAT-BUILT HOME OR A MOVE-IN READY HOME. THE ORGANIZATION WAS INCORPORATED IN FY16 AND CERTIFIED AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION IN 2018. IN FY25, THE CDFI FINANCED $23 MILLION IN FIRST MORTGAGES SUPPORTING 113 FIRST TIME HOMEBUYERS.

TCHFH LENDING, INC. PROVIDES DOWN PAYMENT AND CLOSING COST ASSISTANCE GRANTS TO ELIGIBLE LOW-INCOME HOMEBUYERS AND FACILITATES THIRD-PARTY DOWN PAYMENT ASSISTANCE PROGRAMS AND SUBORDINATE LOANS. LOANS AND GRANTS WERE GIVEN TO 268 HOMEBUYERS IN FY25, INCLUDING 113 HABITAT CLIENTS AND 155 CLIENTS ACCESSING REGION-WIDE DPA PROGRAMS WHERE LENDING INC. ACTED AS ADMINISTRATOR OR DPA ORIGINATOR.TCHFH LENDING, INC. IS COMMITTED TO FOSTERING INCLUSIVE COMMUNITIES AND ADVANCING HOMEOWNERSHIP OPPORTUNITIES FOR ALL. TCHFH LENDING, INC. EXPANDED DOWN PAYMENT ASSISTANCE SUPPORT TOHOMEBUYERS BY PARTICIPATING IN TWO REGION-WIDE DOWN PAYMENT ASSISTANCE PROGRAMS. CLIENTS OUTSIDE OF THE TC HABITAT HOMEOWNERSHIP PROGRAM RECEIVED DPA SUPPORT IN THE FORM OF FORGIVABLE ANDREPAYABLE LOANS, AND POST-PURCHASE COACHING AND SAVINGS SUBSIDIES. THROUGH THESE PROGRAMS, 155 ADDITIONAL FIRST-TIME HOMEBUYERS WERE SUPPORTED IN PURCHASING THEIR FIRST HOME TO CREATE PATHWAYS TO LONG-TERM FINANCIAL STABILITY AND GENERATIONAL WEALTH.