Massachusetts Housing Investment Corporation

Founded in 1990 by a consortium of banks and other corporate investors, Massachusetts Housing Investment Corporation (MHIC) is non-profit, certified CDFI focused on financing affordable housing and community development across New England. To date, it has raised $2.5 billion from 139 institutional investors for its Low Income Housing Tax Credit program and has received 11 awards totaling $807 million for its New Markets Tax Credit program.  In 2014, MHIC partnered with the Conservation Law Foundation to launch the Healthy Neighborhoods Equity Fund, a $30 million fund aiming to support mixed-use, mixed-income projects that will positively transform neighborhoods, strengthen community and environmental health, and promote regional equity while providing returns to investors.

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