Bank of America has awarded the Community Loan Fund a $40,000 grant to support its technical assistance for businesses owned by people of color.
Seven members of resident-owned communities (ROCs) in New Hampshire recently received ROC-NH’s Above & Beyond award for outstanding volunteer work within their communities.
Homeowners in Foothills Estates MHP bought their manufactured-home park in August, preserving 94 affordable homes.
Eastern Bank Foundation recognized the Community Loan Fund or its pioneering efforts in helping businesses and people across N.H. achieve economic stability.
The New Hampshire Community Loan Fund turns investments into loans and donations into education to create opportunity and transform lives.
A nonprofit CDFI based in Concord, N.H., the Community Loan Fund collaborates with a wide range of donors and investors, and with business, nonprofit, and government partners, to provide the financing and support that people with low and moderate incomes need to have affordable homes, quality jobs, and child care, and to become financially independent.
Lending programs help convert manufactured-home parks to resident-owned cooperatives and include real mortgages for manufactured homes, as well as financing for business growth, child care providers, nonprofits, and developers of affordable rental housing.
Established in 1983, the nonprofit Community Loan Fund was one of the first Community Development Financial Institutions in the nation. It has received industry awards and recognition for its social impact, financial strength and performance.
Since its inception, the Community Loan Fund has loaned or invested more than $350 million into 170 N.H. communities.
Please note: Because of our work’s emphasis on community, we never use any acronym (NHCLF, CLF) or any shortening of our name other than Community Loan Fund. We’d really appreciate it if in your material you could refer to us as New Hampshire Community Loan Fund in first reference and Community Loan Fund in 2nd and subsequent references.
Steve Saltzman, President and CEO
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