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Causes: Chambers of Commerce & Business Leagues
Mission: To provide and promote just and affordable financial services that benefit low-wealth residents of hartford.
Programs: Hartford community loan fund provides acquisition & rehab financing to facilitate the renovation of blighted & underutilized residential and mixed use properties in the greater hartford region. Through this program, hartford community loan fund seeks to both reduce blight and increase the stock of affordable housing available for low income residents in the city. Hclf continues to service loans originated under a commercial loan program and home improvement loan program, both of which were discontinued prior to fiscal year ending june 30, 2015.
hartford community loan fund provides credit builder microloans of $100 - $2,000 to hartford residents with poor, thin, or no credit. Hartford community loan fund's objective is to help hartford residents build their individual investment capacity to more readily gain access to just and affordable credit. Annually, hartford community loan fund seeks to engage in 2-3 economic policy issues impacting hartford low income residents. In fy2017, hartford community loan funds policy advocacy included: 1) addressing a sizeable number of foreclosures by outside investors purchasing tax liens from the city since 2007; and 2) working with other financial service providers in an effort to strengthen the city's infrastructure for financial coaching and employment assistance available to hartford residents.