Seacoast Board of REALTORS invests $50,000 in New Hampshire Community Loan Fund
by N.H. Community Loan Fund
on February 17, 2025
Seacoast Board of REALTORS, a trade association representing over 1,300 REALTORS® and Affiliate members in the New Hampshire Seacoast area, has invested $50,000 with the New Hampshire Community Loan Fund.
Seacoast Board of REALTORS’s investment will bolster and extend the Community Loan Fund’s mission of providing people and communities with the financial, human, and civic resources they need to be economically secure.
In 2024, the then-Seacoast Board President, Lynn Lagasse, began the initiative to make this investment in affordable housing.
“It is my pleasure to announce that the Seacoast Board of Realtors is making a one-year contribution to the New Hampshire Community Loan Fund in support of their efforts to expand home ownership in the Granite State," she said. "This dynamic program through the Community Loan Fund provides many affordable options for potential buyers to achieve their home ownership goals. We are proud to support these efforts knowing that our $50,000 investment will provide direct funding to multiple home buyers.”
Community Loan Fund President and CEO Steve Saltzman said: “Investments like the one provided by the Seacoast Board of REALTORS are the lifeblood of our work. Through strategic partnerships with caring community investors like the Board, we continue to work toward a future where all people have access to the resources they need to live prosperous lives.”
Investments in the Community Loan Fund pay fixed-rate interest and are loaned to, and on behalf of, people, families, and communities with low and moderate incomes statewide. The organization’s oldest and best-known program, ROC-NH, has helped residents of 151 manufactured-home parks cooperatively purchase and run them as resident-owned communities (ROCs).
About The New Hampshire Community Loan Fund
The New Hampshire Community Loan Fund turns investments into loans and education to create opportunity and transform lives across New Hampshire. We collaborate with a wide range of donors and lenders, and with business, nonprofit and government partners, to provide the financing and support people need to own homes, have quality jobs and childcare, and become financially independent. Established in 1983, the Community Loan Fund was one of the first Community Development Financial Institutions in the nation, and has received industry awards and recognition for social impact, financial strength and performance.
About the Seacoast Board of REALTORS
The Seacoast Board of REALTORS® is a not for profit comprised of OVER 1300 REALTORS® and Affiliates dedicated to being the voice of Real Estate in the Seacoast region. They believe that every individual should have access to safe, decent, affordable housing. They are making this investment to strive for this goal.
Photo: Leaders and members of the Seacoast Board of REALTORS recently presented a $50,000 investment to the New Hampshire Community Loan Fund. (Courtesy photo)