U.S. Treasury Certifies RCIF as a Community Development Financial Institution
In May, RCIF closed on 7 new projects to provide financing for the rehabilitation of 7 houses in Rockford’s Low- and Moderate-Income neighborhoods. To date, in just over a year of existence, it has provided the financing to rehab 32 houses in Rockford. It’s a great start, and we are well on our way to making a real difference in the quality of available housing in Rockford, Illinois.