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Brenda Woods didn’t desire to go and leave the yard she had tended for 40 years. Nevertheless the roof was falling in. And her bank wouldn’t provide her and her spouse Larry that loan to purchase a replacement house.

Brenda’s nevertheless tending her garden, however, as a result of a second-chance loan through the brand New Hampshire Community Loan Fund-a Community developing lender (CDFI). It let the Woods exchange their property having a brand new, safe, affordable, energy-efficient home that is manufactured.

Almost 700 families financed domiciles through the grouped Community Loan Fund, which won a $5.5 million honor through the Water Wells Fargo WFC, +3.59% NEXT Awards for Opportunity Finance. Continue reading MarketWatch web Site Logo a web link that brings you returning to the website.