Investment
Established in 1993, the Community Loan Fund is a pool of over $4 million in contributions and capital investments that provides low-interest financing to homeowners who need assistance with significant home repairs and to individuals and organizations who develop affordable housing. Our Lending Department is guided by WCHR's mission, with its focus on the development, preservation and maintenance of affordable housing to help improve the safety, sustainability and quality of life within our communities. Your investment amount, term of the loan and interest rate are tailored to the individual or organizational investor within WCHR's investment guidelines.
Investing in Our Community
CLF history
95%-100% annual investor renewal
100% positive return rate on investments since fund inception
Certified Community Development Financial Institution lending over $15 million to assist more than 350 families
What you will earn
An interest rate competitive with the current market
Range of terms from three to ten years
Confidence in your investment: no investors have lost funds since the inception of the CLF
Interest returns on an annual basis
Local management of your funds
Investment amount minimum of $1,000
Who will you help
All financing is targeted to low-income individuals, families and neighborhoods
Families whose homes have health and safety code violations
Individual homeowners not eligible for bank financing for major home repairs
Individuals and developers renovating abandoned and foreclosed properties that will be returned to the municipal tax rolls as affordable rental housing
Developers creating or maintaining affordable housing