The Housing Assistance Council is a business loan from Housing Assistance Council. The ongoing APR is 4.5% - 5.5%; lower rates for properties with deeper affordability/income restrictions in target states and locations (southeastern US). Typical credit limit: $50,000 - $1,500,000 (larger loans possible in partnership with other lenders). Loan terms: Short term loans up to 24 months; longer term loans up to 120 -180 months with an amortization period up to 30 years, based on project needs..