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News & Events2021-04-13T14:35:56-04:00

Community Loan Fund – News & Events

Community Loan Fund News

Community Loan Fund chosen to join Federal Home Loan Bank of New York

January 14 – The Community Loan Fund of the Capital Region is now a member of the Federal Home Loan Bank of New York (FHLBNY). The Federal Home Loan Bank of New York is a major financier for affordable housing and community development loans across New York, New Jersey, Puerto Rico and the Virgin Islands. The Community Loan Fund is one of [Read More]

Happy New Year from the Community Loan Fund

When we look back at the Community Loan Fund’s 35-year history, it’s hard to identify a more challenging year than 2020. COVID-19 and the resulting shutdowns devastated our small business community. Under normal circumstances we are helping businesses get started and grow; in 2020, we found ourselves trying to help businesses survive. Business owners needed a lifeline. With support from our investors, [Read More]

Schenectady grant recipients share their experiences

The Community Loan Fund of the Capital Region gave another $89,000 in grants to grateful Schenectady businesses, and just in time for Thanksgiving. The organization is making awards to small businesses impacted by COVID.  This latest round of grants brings the total amount awarded to $210,000. These grants are part of the City of Schenectady’s Small Business Assistance Program and are designed [Read More]

U.S. Treasury Awards $788,750 to Community Loan Fund of the Capital Region 

September 25 - The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded the Community Loan Fund of the Capital Region $788,750 to increase lending and investment activity in low-income communities across the Capital Region. “This funding comes at a crucial time,” says Linda MacFarlane, Executive Director for the Community Loan Fund of the Capital Region. “We will [Read More]

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