SocialFunds.com

Community Investment Center
Back to Community Investment Center
Powered by: SRI World Group web development services Calvert Foundation
First State Community Loan Fund

Program

The Micro Loan Fund provides loan for individuals and microenterprises from $300 to $15,000. Loans are repaid with interest, over six-months to three-years. The Business Growth Fund provides loans for existing businesses from $15,000 to $50,000. Loans are repaid with interest, over one- to five-years.

Under the Affordable Housing Loan Fund, FSCLF provides financing for developing affordable housing within the State of Delaware. Eligible loan purposes include pre-development, acquisition, new construction and renovation. It provides up to $350,000 per obligor, with a five-year maximum term. Not-for-profit and for profit developers are eligible. The Housing Pre-Development Revolving Loan Fund is a specialty loan fund for experienced not-for-profit developers. Up to $60,000 is provided, per obligor, at a 0% interest rate, for up to 12 months, for predevelopment.

The Community Development Loan Fund provides up to $350,000 per obligator for up to five years for community based projects, such as not-for-profit organizations, childcare centers and community facilities.

The Delawareans Save! Individual Development Account is a savings program designed to help low-income families accumulate a few thousand dollars for buying a home, starting a business, or securing an education. The program matches participant's savings one dollar for each dollar and fifty cents saved.


Back to Community Investment Center

Mutual Funds | Community Investing | News | Sustainability Reports | Corporate Research | Shareowner Actions | Financial Services | Conferences
Home | Login | Contact | Support This Site | Terms of Use | Privacy Statement | Reprints


© 1998-2017 SRI World Group, Inc. All Rights Reserved.

Created and maintained by
SRI World Group web development services
Do your own research Work with an advisor SRI News SRI Learning Center Home