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.


For More Information

Lora A. Baldracchi 

Loan FUND Director

508-799-0322 ext. 112

Investing in Our Community


CLF history

  • 95%-100% annual investor renewal 
  • 100% positive return rate on investments since fund inception 
  • Recognized Community Development Financial Institution lending of 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
  • Single female heads of households who have purchased their first home
  • 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

The Community Loan Fund is comprised of over 60 investors that include:


Community Loan Fund 2018 Capital - Percentages