Social impact: Individuals see an investment in the Community Loan Fund as an efficient and meaningful way of helping New Hampshire families with low and moderate incomes attain housing, jobs and child care.
Fixed-rate return: Investors find that investing a portion of their IRAs with the Community Loan Fund is an excellent way to diversify their investments while strengthening their community. Investors receive a fixed-rate annual simple interest return to their IRAs of up to 2% for loans of four years, up to 3% for loans of five to six years, up to 4% for seven to nine years, and up to 5% for 10 years or longer.
Risk: This is an unsecured investment. It is not insured by the FDIC, nor by any governmental or private entity. While the Community Loan Fund has not lost any lender's funds, past performance is no guarantee of future performance. Investments with the Community Loan Fund cannot be redeemed before their due date and there is no known market to sell or trade them before maturity.
Benefit: Your funds are added to our approximately $75-million lending pool: The risk is shared, and an investor’s funds will not be dedicated to any single project or sector. Individuals appreciate that the Community Loan Fund has an unblemished record of repayment to investors – through good and bad economic times. Investments in the Community Loan Fund are protected by our significant permanent capital and our excellent history of repayment from borrowers.
Trusted financial intermediary: The Community Loan Fund has received the highest national honor in our field: the Wachovia NEXT Award for Opportunity Finance. We have consistently received a sterling AAA+2 rating from CARS™, the national rating service for community investing, which measures community impact and financial soundness.
Investment class: Investments with the Community Loan Fund are straightforward and uncorrelated to traditional fixed-income instruments. You will earn simple annual interest, regardless of the ups and downs of the bond market.
Working with your investment firm: The Community Loan Fund has worked with several investment firms to facilitate investments from clients’ IRA accounts. We would be happy to speak with your advisor, or to suggest companies that are familiar with investing IRA assets here.
Term of years: Your investment will have a fixed maturity date and can be rolled over or paid out upon maturity, at your discretion.
Next steps: To discuss how you can invest your IRA in the Community Loan Fund, please contact Sally Hatch.
An investment in the New Hampshire Community Loan Fund does not constitute an offer to sell, or a solicitation of offers to purchase, debt securities in those states where the registration of such debt securities is required by state securities law. Please contact us for more information.