My project requires funds less than or greater than HCLF’s loan limit. Can HCLF still help?
HCLF lends its own equity and debt capital obtained from socially-minded investors including banks and other financial institutions. HCLF's work is also supported by grants and donations from individuals, foundations, businesses and the government.
HCLF seeks to provide financing that helps achieve its mission of benefitting the low wealth residents of the city of Hartford or other markets HCLF serves. HCLF's financial products were developed from listening to the input of our community.
We offer loans for the purchase and rehabilitation of residential or mixed-use properties located in HCLF's investment area; loans to help people build credit; and loans to help refinance property tax liens.
HCLF provides technical assistance to borrowers and policy expertise on issues impacting our neighbors.
Contact us as soon as possible if you have an upcoming financing need. We can help you put together a loan application, and give you an underwriting and credit determination schedule based on your financing timeline. Schedules may vary.
The HCLF Loan Committee meets approximately every two weeks to review application recommendations for Construction Rehab and Tax Lien Refinance Loans, and transactions can often close within 30 days following the submission of a completed application package.
Contact us to discuss your particular needs and we can provide you with an estimated schedule based on your unique circumstances.