The Community Investment Corporation (CIC) provides loans for the acquisition, rehabilitation, and preservation of affordable rental housing in the Chicago metropolitan area. To do so, it manages a $225 million loan pool, which includes funds from 40 investor banks that have made multiyear commitments to CIC. Since 1984, CIC has made over 2,000 loans totaling $1.2 billion for the rehabilitation of more than 55,000 units that provide affordable housing for upwards of 130,000 people.
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