Success stories

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.
David Hills calls himself a “financial therapist.”A co-founder of Veris Wealth Partners, a wealth management firm with offices in Portsmouth, New York City and San Francisco, Hills helps people use their investments to create a more-just and -sustainable world. His relationship with families starts with a deep conversation about: “What does money mean to you?”
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.
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.
On April 17, 1997, the 29 families living in the Rambling Woods Manufactured Housing Park in Bethlehem bought their community and declared their independence.“On that day, we got control of our own lives,” said Wayland Phillips, the first treasurer of the Rambling Woods Cooperative.
Shirley Hooker has lived in the same manufactured housing community in Tilton since 1975. She has seen a lot of changes.“When I first moved here, the lot rent was $50 a month. But it kept going up, close to $200,” said Shirley, a retired massage therapist. She said the park's former owner did little to maintain it.