What Makes Us Unique
Our neighbors-investing-in-neighbors philosophy drives us to find new ways to serve people, businesses, organizations, and communities.
Distinctive From the Start
A pioneer and leader in the Community Development Financial Institution (CDFI) movement, we kicked off our neighbors-investing-in-neighbors model when we helped manage an unconventional loan to create New Hampshire’s first ROC.
Adaptive & Innovative
We are distinct in our willingness to adjust to today’s needs and challenges. As new challenges appear, we adapt without losing sight of our mission — to provide systematically excluded people and communities with the financial, human, and civic resources they need to be economically secure.
As new opportunities come up, we position ourselves to bring those benefits to communities. Whether that’s installing solar arrays to reduce energy costs in ROCs, partnering to preserve and expand affordable housing, or helping small businesses thrive through expanding our Community-Driven Economic Empowerment (C-DEE) Accelerator, we’re always open to innovation.
Our Focus Areas
We work in communities across the Granite State, into Vermont, and across the US. From helping you purchase a manufactured home, to strengthening small businesses and nonprofits, and supporting entire towns as they work to secure financing, our services support the security and growth of people and communities.
In 2024, our total loans amounted to $31,841,705. Listed below are the loans per county.
New Hampshire: 147 Total Loans ($30,496,034 Total Loaned Amount)
Belknap - 13 Loans ($2,016,950 Total Loaned Amount)
Carroll - 11 Loans ($3,471,100 Total Loaned Amount)
Cheshire - 10 Loans ($2,628,800 Total Loaned Amount)
Coos - 4 Loans ($168,750 Total Loaned Amount)
Grafton - 20 Loans ($2,135,174 Total Loaned Amount)
Hillsborough - 14 Loans ($7,088,500 Total Loaned Amount)
Merrimack - 17 Loans ($1,154,750 Total Loaned Amount)
Rockingham - 29 Loans ($9,611,010 Total Loaned Amount)
Strafford - 28 Loans ($2,133,550 Total Loaned Amount)
Sullivan - 1 Loan ($87,450 Total Loaned Amount)
Vermont: 7 Total Loans ($1,345,671 Total Loaned Amount)
Caledonia - 4 Loans ($1,105,000 Total Loaned Amount)
Essex - 1 Loan ($91,000 Total Loaned Amount)
Orleans - 1 Loans ($107,671 Total Loaned Amount)
Rutland - 1 Loan ($42,000 Total Loaned Amount)
Loans and support for manufactured-home buyers, homeowners who want to refinance or make home improvements, and developers building affordable housing.
Customized loans to strengthen and expand local businesses and nonprofits, including farms & food producers and childcare centers.
Loans, coaching, and advice for manufactured-home owners whose park is for sale or who already live in a resident-owned community (ROC).
Assisting towns and municipalities in planning for economic development by securing funding and implementing projects per funder rules and regulations.
It feels wonderful because we can make decisions for ourselves. We're all going to be on equal footing, which wasn't the case prior to us taking over the park. So it's just a really huge weight off of everybody's shoulders.”
To be trusted to do the job for which you are hired, have an organization and colleagues understand you have a full life, both inside and outside of work, and given support to be successful in both, has truly been a gift. Most companies talk about work life balance, but it wasn’t until my time here at the Community Loan Fund that I experienced what that actually means.
I'd recommend them [Community Loan Fund] to anybody who was dealing with the same situation we were. They did a wonderful job for us.”
We’re excited to become New Hampshire’s first solar-powered ROC. Manufactured-home communities like ours are perfect places for sustainable-energy projects, and it will make the homes here even more affordable.”
Our Strategy for Success
We’re proud of our track record of lending to people to purchase affordable manufactured-homes, to form manufactured-home park cooperatives, and to entrepreneurs building businesses and communities. But it is our core belief that lending alone is not enough. We partner with our borrowers for the long-haul.
- Coaching & Advising Improves Borrower Success
Defaults on our loans are rare because, along with the financing, we connect our borrowers with customized education, coaching, and support that helps them reach their goals and repay their loan.
Over the years, we have seen how borrowers who work with experienced coaches and advisors are able to achieve success and develop repayment strategies. As Ahmad Aissa, of Aissa Sweets said of our Business Finance team, “They give you way more than just a loan. They coach you. It was a relief to have someone to talk to about the business.”
- Our Partnership Philosophy
We believe in our partnership approach to making loans. We have seen it succeed many times over. We love working with our borrowers and seeing them learn as they take charge of their future.
We are rewarded each time we get to share in the joy of homeowners, ROC residents, business owners, and nonprofit leaders who have turned their dreams and aspirations into reality. This is why we do what we do.
Tangible Impact
Let’s dig into the numbers that have made this year one to remember.
$22.9M
loaned for affordable housing preservation across ROC-NH and Welcome Home Loans
148,589
square feet of nonprofit and small business space financed
154
unique borrowers served
Read On
Explore each chapter of the 2024 Annual Report by clicking on the card or button for each of the pages below.
Mantente al día
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