Community Investment Cash Advances (CICA) are advances used to finance:

• Housing for income-targeted households;

• Economic development projects and activities that benefit or create permanent employment for income-targeted households, or are located in income-targeted areas.

CICAs include Affordable Housing Program (AHP) Advances, Community Investment Program (CIP) Advances, advances to finance rural and urban community development projects, and other income-targeted advance products approved by the Finance Board. The most widely used programs to date are the AHP and the CIP. Program and statistical summaries for these two programs follow this page.

Affordable Housing Program
Community Investment Program

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