Institute for Community Economics (ICE)

Enabling Economic Opportunity

For over 40 years the Institute for Community Economics (ICE) has directed social investments to populations and communities under-served by traditional financial services by leveraging investor capital to provide critical financing to innovative permanently affordable housing solutions. ICE investments have financed more than 5,000 affordable homes across 30 states since 1979.

ICE relies on the financial support of generous donors and socially minded investors. This support makes affordable housing a reality across the United States.


ICE Prospectus*


ICE Rate Sheet


ICE Investment Application


*Note: Prospectus Based Note is only offered in Maine, New Hampshire, Vermont, New York, Massachusetts, Rhode Island, Connecticut, New Jersey, Pennsylvania, Maryland, Virginia, Kentucky, North Carolina, South Carolina, Florida, Mississippi, Louisiana, Illinois, Missouri, Michigan, South Dakota, Texas, New Mexico, Arizona, California, Oregon, Washington, Alaska, Hawaii, Washington, DC, and Canada

ICE Board of Directors

Dan Ehrenberg, Chair
Klein Hornig LLP

Brett Macleod
JPMorgan Chase Bank, N.A.

Marla Bilonick
National Association for Latino Community Asset Builders 

Leila Finucane
Victory Housing

Vince Toye 
JPMorgan Chase 

Sal Steven-Hubbard, Vice Chair
Laconia Area Community Land Trust 

John Maneval
Maryland DHCD

Ron Grzywinski

Lori Glass
Primary Care Development Corporation

Priya Jayachandran
National Housing Trust

Chrystal Kornegay