The Connecticut Housing Investment Fund, Inc ( CHIF ) is a private, nonprofit organization established to finance affordable housing and neighborhood revitalization projects throughout Connecticut. Since its incorporation in 1968, CHIF has provided more than $128.5 million in financing to assist individuals and organizations purchase, rehabilitate, or construct homes for low and moderate income families. CHIF offers several lending programs designed to meet the affordable housing needs of low and moderate income individuals including: the Predevelopment Loan Program providing low interest loans to nonprofit organizations for predevelopment and planning activities ; the Neighborhood Rebuilder Program which offers short term construction loans and bridge financing to nonprofit and for profit developers ; the Interim Bridge Loan Program which makes bridge loans for interim financing to developers ; the People's Bank/CHIF Home Improvement Loan Program which makes rehabilitation loans to homeowners ; the First-Time Homebuyer Program which finances first mortgages and down payment assistance loans for low-moderate income first-time homebuyers purchasing their primary residence in the state of Connecticut ; and the US Department of Agriculture Rural Homeownership Program that finances first time homebuyers purchasing properties in rural communities. CHIF also manages programs on behalf of other agencies and organizations. CHIF administers the Department of Economic and Community Development's Energy Conservation Loan Program ( ECL ), a program providing financing for energy conservation improvements to low and moderate income single-family home owners, and the Multifamily Energy Conservation Loan Program ( MEL ) which provides financing for energy conservation improvements to multifamily property owners. Additionally, CHIF provides Loan Servicing and Development Consulting services. In the loan servicing division, CHIF provides loan administration services for mortgage lenders including municipalities, state housing agencies, and nonprofit organizations. In the development consulting division, CHIF assists nonprofit organizations, housing authorities, and community organizations throughout Connecticut in developing affordable housing projects. CHIF is certified by the US Treasury Department as a Community Development Financial Institution ( CDFI ) and has been designated a Community Housing Development Corporation ( CHDC ) by the Connecticut State Legislature. To learn more, click here to see CHIF's 2009 Annual Report. Click here to view CHIF's previous Annual Reports. The Connecticut Housing Investment Fund ( CHIF ) is a statewide Community Development Financial Institution providing financing, loan servicing, and technical services to improve and increase the supply of housing affordable to Connecticut residents. CHIF implements solutions to help families become and remain homeowners.