The Community Development Loan Fund focuses on providing capital for community-based projects, such as mixed-use properties (residential & retail), not-for-profit organizations other than housing developers, childcare centers and other community facilities. This fund provides up to $350,000 per obligor, with maximum term five-years.

The objective of our Community Development Loan Program is to address all other lending that does not fall specifically within the parameters of our affordable housing or small business lending products. Through our community development lending product, we are empowered to bring some benefit to a particular community in the form of, for example,
a new child care center, a health care provider, or by assisting with the purchase or rehabilitation of office space for a non-profit organization.






© Copyright 2008 First State Community Loan Fund