Debt Fund
Mhic
MHIC is a Boston-based non-profit debt fund providing financing for affordable housing and community development projects across New England, specializing in construction, acquisition, pre-development, and bridge loans alongside tax credit programs.
Key Statistics
As of June 2026, public records show Mhic has originated approximately $131.5M in loan volume over the past 12 months, with an average loan size of $4.1M.
Volume (12mo)
$131.5M
Avg Loan Size
$4.1M
Total Mortgages
109
Total Borrowers
90
Lending Entities
Mhic funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.
80 mortgages recorded
28 mortgages recorded
+6 more entities not shown
Geography
Mhic's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.
Mortgages (12mo): 12
Volume (12mo): $122.9M
Total Volume: $408.1M
Mortgages (12mo): 3
Volume (12mo): $8.6M
Total Volume: $27.5M
Mortgages (12mo): 0
Volume (12mo): $0
Total Volume: $3.2M
Top Borrowers
The following individuals have the most recorded mortgage transactions with Mhic. Click on a borrower to view their full investor profile.
15 mortgages · MA
14 mortgages · MA
14 mortgages · MA
+87 more borrowers not shown
FAQ
What type of lender is Mhic?
Mhic is classified as an debt fund based on our research. The majority of their loans (93%) are for business purposes.
What entities does Mhic fund loans under?
Mhic originates mortgages through 8 different lending entities. The most common include Massachusetts Housing Investment and Mhic. These are the legal entity names that appear on recorded mortgage documents.
Where is Mhic most active?
Based on recorded mortgages, Mhic is most active in Massachusetts, Connecticut, and New Hampshire.
How many loans has Mhic originated?
Public records show 109 mortgages recorded for Mhic, with $131.5M in volume over the past 12 months.
What is the average loan size for Mhic?
The average mortgage size for Mhic is $4.1M based on all recorded mortgages.
Does Mhic offer short-term loans?
Mhic primarily offers long-term financing, with only 0% of loans being short-term.
How is this data collected?
Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.