Success stories

For Amanda Saye, an invitation to become the treasurer of Lamprey River Cooperative opened the door to training, writing grant requests, a scholarship and, eventually, a new career.
Rustic Crust owner Brad Sterl says the Community Loan Fund's business investment program, Vested for Growth, “took the time to really get to know our business, and offered a loan that fit our unique needs."
The Railroad Land project was running out of steam. The plan to clean up and redevelop an overgrown railroad yard and a vacant factory close by Main Street in Keene was $2 million short. Timely financing from the Community Loan Fund kept the project alive.
Mental illness interrupted Jay Jean's eagerness for a college degree and a career. Once he was healthy enough to return to college, the IDA matched-savings program helped him pursue a master's degree and get back on course toward a new goal: becoming a mental health counselor.
The families living in Dean Brook Village Mobile Home Park in Groveton, N.H. already knew the story. And they didn’t like the ending.Word around town in spring of 1988 was that their mobile home park was being sold again. Just a year earlier, a new owner had raised lot rents from $60 to $100. Now the residents, mostly families with young children, feared that another big rent hike would force them out.
Schuyler Merritz used her savings from her Individual Development Account program, administered by the Community Loan Fund, for the down payment on her house, which she bought in July, 2007. Sky served on CATCH Neighborhood Housing's Resident Outreach Opportunity Team, comprising CATCH residents from around Concord. CATCH is a partner, borrower and former program of the Community Loan Fund.
After the residents of the Lakes Region Co-op manufactured home community bought their park with assistance from the Community Loan Fund, they elected Lois Parris as their first treasurer. A couple years later, Lois's granddaughter, Lois Cilley, got a Welcome Home Loan from the Community Loan Fund to buy a home in the same community.
One morning, Florence Quast arrived home at her manufactured home community to the uncommon sight of her neighbors assembled by the mailboxes. They anxiously shared some news."They said to me, 'We're going to have to move. They're going to sell the park to this developer and we're going to have to get out.' They asked me, 'Can they do that?' "
In the late 1970s, Jack Lapham got a quick lesson in tenant rights.“In my park in Boscawen, the owner gave us 54 days to get out. He did it in the name of a dollar bill. He wanted to build something else there,” said the retired police officer.Jack sold his home at an $8,000 loss and moved. He had no choice. He swore he’d never live in a manufactured housing park again.
Peter Bartlett and his wife, Martha downsized to a manufactured-home park, then worked to put it in residents' hands.