Greater New Haven Community Loan Fund, Inc.

New Haven CT


The Greater New Haven Community Loan Fund (GNHCLF) was established in 1988 to provide financing to affordable housing projects in New Haven, Connecticut and its surrounding communities.

CDFI Awards for Greater New Haven Community Loan Fund, Inc.


TA (2006) - $42,050

Greater New Haven Community Loan Fund (GNH) is a certified CDFI, established in 1987. It provides flexible financing for affordable housing and community development. GNH will use the 2006 TA grant of $42,050 to 1) obtain consulting services to undertake a market analysis; 2) purchase computer and office equipment; 3) train staff on the use of new MIS; and purchase a new MIS system.



TA (2004) - $50,000

The Greater New Haven Community Loan Fund will use the award to help obtain consulting services to conduct a market analysis; and for new computer hardware and software.



FA (2003) - $175,000

The Fund"s $175,000 award will be used as a credit enhancement for its loan programs focused on single-family and multi-family housing, multi-family rental, and emergency short-term capital for area nonprofit community-based organizations. In addition, the award will enhance GNHCLF"s ability to provide needed financial and homeownership counseling and financial literacy training for individuals and nonprofit developers. It is estimated that 100% of this award will be targeted to Hot Zones.



SECA (1999) - $45,500

GNHCLF will use the technical assistance grant for staff training an upgraded computer system and consultants to help with the development and refinement of the organization's strategic plan and future capitalization strategies.

CORE (1999) - $250,000

The CDFI Fund"s $250,000 capital grant will further capitalize GNHCLF"s loan pool, enabling the organization to expand its lending activities.



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