Rockford Community Investment Fund
Promoting Economic Revitalization and Community Development
RCIF supports housing and community development ventures which, in turn, increase jobs and help build sustainable communities by offering flexible financial products and advisory services to low and moderate income communities in the City of Rockford.
Target Market Housing Statistics
These statistics show that Rockford’s low and moderate income neighborhoods which make up the Target Market need access to RCIF’s capital to improve the quality of housing for those neighborhoods.
Vacancy
Rate
- 8.69% in Winnebago County
- 9.59% in state of Illinois
Median
FMV
- $120,400 in Winnebago County
- $194,500 in state of Illinois
Denied MTG
Applications
- 14.45% in Winnebago County
- 14.67% in state of Illinois
Families
in Poverty
- 11.54% in Winnebago County
- 8.88% in state of Illinois
Next Steps
RCIF’s goal is to simplify the loan process and complete the approval process as quickly as possible to get you started on your project. Continue reading to understand the information we need in order to asses your project.