The Community Housing Fund is a business loan from Community Housing Fund. The ongoing APR is Interest Rate: Secured loans start at 4.5% simple interest (calculated on a 365/365 basis). Typical credit limit: Loan amounts are capped at $1,000,000 (exceptions considered on a case-by-case basis). Loan terms: Term: Terms from 12 to 36 months are available and must generally coincide with timing of take-out source (e.g., construction loan close). Payments: Deferred payments during the term of the loan – principal and accrued interest due in full at maturity. No prepayment penalties..