Community Loan Fund Investors

 
 

The Community Loan Fund is comprised of over 30 investors including government funds, nonprofit organizations, social investments, foundations, educational institutions, community banks, credit unions, religious institutions, individual investors, WCHR equity, and loan loss/ write-offs. Please click here or on the button below for more information.

Your tax-deductible donation is not only an investment in our organization, but also an investment in the future of Worcester. We are grateful to have you as part of our community.

 
 

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 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.

The Community Loan Fund is comprised of over 30 investors including government funds, nonprofit organizations, social investments, foundations, educational institutions, community banks, credit unions, religious institutions, individual investors, WCHR equity, and loan loss/ write-offs.

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 seven 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 provide affordable housing and decent, safe homes to low-income individuals, families and neighborhoods

  • Families whose homes have health and safety code violations

  • 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