Social Impact Lending

CIC’s Revolving Loan Program – “Paying back to Pay it Forward”

Community Investment Corporation (CIC) manages a Revolving Loan Program which lends funds to businesses and nonprofit organizations throughout Arizona.  As a nonprofit organization ourselves, we operate differently than traditional banks. Our loan portfolio is relatively small, and we rely on each and every borrower’s payments to fund future loans.  Our loan clients aren’t simply paying us back when they make a payment, but they are paying it forward to the next loan recipient.  Therefore, we look for qualities in borrowers that many traditional institutions may not.  For example, we place a high value on the character of our loan recipients, the social impact of our lending, and the integrity of those we work with.

With every loan we make, our goal is to improve the lives and livelihoods of those in our community while strengthening our local economy.

Home Ownership Assistance

CIC participates in a variety of programs to help Arizona families secure safe, affordable homes.  

The Pima Tucson Homebuyer’s Solution and HOME programs are two types of down payment assistance aimed and helping buyers with the costs of purchasing a home.  The Mortgage Credit Certificate program helps qualified first-time homebuyers reduce their federal tax liability by providing an annual tax credit of up to $2,000 for as long as you own and remain in the home you purchased.  

School Services

CIC offers services designed to help issuers, trustees, charter school borrowers and underwriters comply with continuing disclosure obligations related to SEC Rule 15c2-12. Services include:

  • Post-Issuance disclosure and compliance reviews
  • Dissemination services
  • Compliance program development and customized compliance schedules
  • Access to customized templates to satisfy specific obligations (i.e. certificates and non-material event notices)
  • 3rd party reporting (i.e. Rebate Analyst and Insurance Reviews)
  • Email reminders prior to Municipal Securities Rulemaking Board (MSRB) due dates
  • School lending