The Northern California Community Loan Fund promotes economic justice and alleviates poverty by increasing the financial resilience and sustainability of community-based nonprofits and enterprises.
Through flexible financial products and sound advice, NCCLF creates opportunities to make socially responsible investments that revitalize communities in Northern California's underserved nonprofits whose projects may have the most difficulty qualifying for loans from mainstream lenders.
NCCLF operates a Lending Program, Consulting and Training Programs, and an ongoing Investment Initiative campaign.
- Lending Program: NCCLF makes loans ranging from $10,000
to $1 million for four types of nonprofit projects: affordable housing, community facilities, human
services, and economic development.
- Consulting and Training Programs: NCCLF's
consulting programs help nonprofit organizations build their financial and facilities capacity
through consulting, workshops, and advice.
- The Fiscal Fitness Program:
delivers technical assistance in financial management while the Facility Fitness Program offers
technical assistance in facility-project readiness to nonprofits seeking permanent space. Since
the start of this program in 2000, both Fiscal and Facility Fitness consulting programs have
provided in-depth consultation to 906 nonprofits and reached over 190 organizations through
- Investment Initiatives: NCCLF's Loan Fund Investment
pool now stands at $29.6 million, and has $5.838 million in equity capital. Its 186 investors
include individuals, foundations, religious organizations, and financial institutions and
NCCLF serves a diverse range of clients. The geographic and demographic diversity of NCCLF's Target Market presents unique challenges to efforts to end widespread poverty. Revitalizing low-income neighborhoods in the Bay Area requires solutions distinct from those needed to serve rural communities and migrant populations.
California's Central Valley is home to some of the poorest and most marginalized communities in the state. Tulare and Fresno counties have two of the highest percentages of people living below the poverty line in the country. Eight of the top ten metropolitan areas with the highest rate of home foreclosures are in California, with Stockton having the highest rate in the U.S.
Since inception, NCCLF has provided 283 loans in the amount of $89,671,436 creating over 2,242,358 square feet of space available for living, over 3834 jobs, and over 5,855 housing units.
Founded in 1967, CCHH offers a full menu of services to the many homeless youth and adults of San Francisco’s low-income Tenderloin neighborhood. CCHH's programs include transitional housing, counseling, job training, housing referrals, employment opportunities, and a revenue-generating business, ArtStart, which sells works produced by homeless and low-income artists. NCCLF lent the organization $100,000 to refinance their existing debt and to provide working capital while CCHH implemented its development plan. Full Story