Investor Report
People investing with purpose are at the heart of our neighbors-helping-neighbors philosophy. Let’s take a look at both the financial and social impact you are central to creating.
Impact by the Numbers
As of 5/31/2024, we have generated more than $1.1 Billion in economic impact through our investment, donations, partnerships.
To this day, we have a 100% repayment rate to our investors. Here are some of the ways this has played out in communities across N.H.
657
Total unique investors
$20M
dollars invested by our largest investor
31%
of our total assets available to protect investors from losses
$1,000
is our minimum investment threshold
The Social Returns of Impact Investing
Impact investing creates benefits for individuals, families, and entire communities. Here are some of the ways we see this take shape among the people we serve.
Childcare Spaces
Our lending helps childcare nonprofits and businesses improve and expand their facilities, expanding availability.
Housing Stability
Homeowners in Resident-owned communities (ROCs) are able to make long-term plans knowing that their land can’t be sold out from under them in order to remove them from the place they call home.
Securing Local Food Sources
We lend to every level of the food ecosystem from farmers, to distributors, to restaurants. Access to fresh local food creates long-term health benefits while supporting local economies and creating jobs.
Today, we are taking innovative approaches and working with farm and forestry partners to ensure that small food-related businesses in New Hampshire continue to prosper and serve families and communities.
The low- and no-cost investments help to keep our borrowers’ loan payments manageable.
The Community Loan Fund really shifted my view of what these communities are, and what they can achieve.
ROC Financial Sustainability
Through our coaching and guidance paired with solar project lending, we’re helping ROCs diversify their energy resources and control their costs.
When combined with other cost-saving infrastructure improvement projects, residents and neighbors enjoy multiple benefits including better health, improved learning, lower crime rate in the area, and improved job performance. It’s easy to see how these outcomes are good for local employers, schools, healthcare systems, and everyone’s quality of life.
How We Use Invested Capital
The funds we lend are invested with us by caring people and institutions that want to put their dollars to work in New Hampshire. Since our inception in 1983, we have a perfect investor repayment record.
95% of our investor capital is deployed in the community. That means we put your money to work. Right away. Plus, 77% of our investors are individuals — people interested in helping their neighbors get the resources they need to succeed
We believe in opportunity for all.
Neighbors investing in neighbors enhances communities.
Communities thrive when they invest in systematically excluded people.
Access to capital improves communities and elevates society.
Local renewable energy increases reliability, affordability, and self-reliance.
Today’s challenges require modern solutions.
Including coaching and advising in loan services improves borrower success.
Explore Our PhilosophyBenefits to low- and moderate-income Granite Staters
Produces long-term impact
Borrower’s repayment ability
Loans & ServicesBorrower losses 2.1%
Losses to investors - 0 -
What We Invest In
Affordable Homeownership
ROC-NH helps residents of manufactured-home parks form cooperatives and secure financing to purchase their parks and become resident-owned communities (ROCs).
Homes in ROCs are protected from unmanageable lot rents and land redevelopment. ROCs receive guidance in the governance and management of their cooperatives for the life of the loan or longer.
We offer Welcome Home Loans to individuals to purchase manufactured homes. These are fair, fixed-rate, long-term conventional mortgages for the purchase of new and pre-owned manufactured homes in ROCs or on land the homeowner owns or is buying in New Hampshire.
Community Services
We offer lending that supports essential services by helping nonprofit organizations buy, renovate, or build facilities. In particular, we focus on childcare, providing loans, training, coaching, and assistance to childcare centers to preserve, expand, and create facilities.
We also assist childcare centers and nonprofits with lending and other opportunities to diversify their energy resources with solar, helping them control their costs.
Small Business Finance
We provide loans and education to support the growth and resilience of businesses and their ability to provide quality jobs. We specialize in a handful of lending and service areas.
- Farm Food: Our lending strengthens local food systems with flexible financing and customized training.
- Minority-owned Business Lending: Our team provides equitable and inclusive financing and coaching to help entrepreneurs of color thrive.
- Multi-Family Housing: We partner with and support organizations that buy, develop, and manage affordable rental housing.
- Energy Efficiency Solutions: We offer loans and assistance to connect people with low and moderate incomes with cost-saving renewable energy.
- Small Town & Municipalities Support: Our NCIC team supports communities in northern N.H. and VT through commercial lending, grant writing, project management, and technical assistance grants.
Investor Profile Highlights
| As of March 31, 2024 | |||
|---|---|---|---|
| Total | Total | ||
| Number of Investments | 1,163 | Number of Investors | 657 |
| Total Investment Dollars | $153,524,383 | Highest Investment Value | $7,500,000 |
| Lowest/Minimum Investment Value | $1,000 | Median Investment Amount | $20,730 |
| Weighted Average Rate | 3.00% | Weighted Average Term in Months | 39.4 |
| Number of Investments Maturing within 90 Days | 74 | Amount of Investments Maturing within 90 Days | $13,711,943 |
| Renewal Rate by Number for the Past 12 Months | 63.88% | Renewal Rate by Dollar for the Past 12 Months | 68.21% |
Percentage of Investors by Type
| Individuals | 76.01% |
|---|---|
| Nonprofits, Corporations, OFN | 7.76% |
| Religious | 7.00% |
| Foundations | 4.57% |
| Financial Institutions | 3.50% |
| Subordinate Debt (EQ2) | 2.28% |
| Government & Quasi-government | 0.30% |
Loan Portfolio Highlights
| Measure | Cumulative Totals for Loans Closed to Present | Cumulative FY2024 |
|---|---|---|
| Leveraged Loan Impact | $1,063,306,323 | $106,217,99 |
| Affordable Housing Units Created or Preserved | 11,217 | 137 |
| Child Care Spaces Created or Preserved | 4,567 | 10 |
| Jobs Created/Retained | 4,383 | 372 |
| Total Loans Closed | 3,962 | 129 |
| Total Loan Dollars from Community Loan Fund | $475,832,496 | $27,986,024 |
| Loans Repaid in Full | 2,246 | 88 |
| Loans Dollars Repaid in Full | $215,064,039 | $11,934,598 |
News & Insights
The latest on affordable housing, community lending and investing, our impact, and other stories about the inspirational people we work with in New Hampshire.
New Hampshire’s 150th resident-owned community celebrated with ribbon cutting at Derry Oak Village Cooperative
On Tuesday, September 3, a ribbon cutting celebrating New Hampshire’s 150th resident-owned community (ROC) was held at Derry Oak Village Cooperative (DOVC) in Derry, New Hampshire. The Granite State’s first ROC was formed in Meredith in 1983, and it quickly became a model for stabilizing manufactured housing affordability nationwide.
Megan Johnson 9/11/2024Read MoreArticleIn the beginning: Using money to build community
In late 1982, Peter Thibeault, a consultant for the Tri-County Community Action Program (CAP), had a grant to support cooperative housing and business development in New Hampshire’s North Country. The CAP liked the idea of creating a revolving fund to support numerous projects but had neither the structure nor the expertise to run it.
Community Loan Fund Staff 8/27/2024Read MoreArticleLeveraging Government Programs for Local Impact
Recent federal, state, and local initiatives have created grant programs designed to provide public services and stimulate local economies. Many of these programs align with New Hampshire Community Loan Fund’s mission and provide a direct benefit to the people we serve.
Community Loan Fund Staff 8/14/2024Read MoreCommunity Success Stories
People are at the heart of our work. Their stories shine a light on the intangible impacts that they create and experience when they have access to resources.