CRA Housing Capital Fund

 
Cover image of the CRA’s request for proposals to provide capital funding for housing development in Cambridge.

The CRA Housing Capital Fund is a $10 million fund launched in October 2024 with the aim of spurring residential development in Cambridge by providing equity investments and loans to housing developers. Funds are provided at below-market return or interest rates in exchange for developers providing additional public benefits in their projects.

The first request for proposals closed on March 31, 2025. Proposals are currently being evaluated. 

Please check back for information on awards and additional opportunities for funding from the CRA Housing Capital Fund.

For any inquiries about the fund, please contact:

Tess Hofmann, Senior Project Manager thofmann@cambridgeredevelopment.org