About MHIC > Mission & Values
MHIC's mission is to be an innovative private financier of affordable housing and community development throughout New England, providing financing that would not otherwise be available, and extending the impact of that financing to ensure the broadest possible benefit.
In undertaking this mission, MHIC is founded on six core values:
Learn more about MHIC's strategy:
Mission & Values
MHIC's mission is to be an innovative private financier of affordable housing and community development throughout New England, providing financing that would not otherwise be available, and extending the impact of that financing to ensure the broadest possible benefit.
In undertaking this mission, MHIC is founded on six core values:
- Private capital from a broad base of investors can prudently finance community development initiatives on an ongoing basis as self-sustaining ventures.
- The benefits of expanding community investment should flow to the workers of color and the minority business enterprises (MBEs) in those communities.
- Special effort is required to harness private capital for geographic areas, sponsors and projects that have historically been unable to compete effectively for financing.
- The sponsors of community development projects deserve ongoing support in their efforts to build and maintain sustainable communities.
- The system of financing community development, which is overly fragmented and cumbersome, must be streamlined and improved.
- The communities we serve must see MHIC in a leadership position in advancing these values and not as merely another player.
Learn more about MHIC's strategy: