Consumer Co-operatives: Typically, NCDF annually finances at least three major consumer
co-operative start-ups or store expansions. The Fund also provides loans of as little as $2,000 to
Worker Co-operatives: NCDF is one of a few organizations actively
working to encourage worker ownership, allowing members a degree of ownership and self-governance
unavailable in any other business structure. Historically, approximately 10% of NCDF's loan
portfolio has gone to worker-owned co-operative enterprises.
Housing and Land
Co-operatives: NCDF creates homeownership opportunities by developing cooperative housing units
in new markets. NCDF housing development projects have three primary elements; they convert
existing urban and rural rental units, preserve significant buildings in urban and rural areas, or
convert suburban and rural manufactured home parks to cooperative ownership.
Loan Program: Aimed at helping individuals finance the purchase of shares in cooperative
housing. Financed housing units typically sell for a fraction of the cost of a single-family home
in the area. The fastest growing sector in NCDF's portfolio is share lending and share equity
lending to current members of housing cooperatives.
Northcountry Cooperative Federal
Credit Union is currently restricted to making co-op housing loans, but has the potential to expand
into all areas of cooperative lending.