The Building Community Fund supports affordable housing and community-based nonprofits in Vermont such as family centers, community land trusts around the state, women's shelters, elder and child care centers. The Enterprise Fund supports businesses statewide which use Vermont's resources, or businesses located in the Old North End of Burlington. These borrowers include family farms, lumber mills, furniture makers, food cooperatives, organic producers, florists, cheese makers, and small retail establishments. VCLF's loan review committee, comprised of experienced bankers and other technical and community development experts, makes all lending decisions. They base their decisions on the financial and social analysis performed by VCLF's professional lenders, who evaluate risk, repayment capacity, collateral and the capacity of management to complete a project successfully.
All loans are secured.
Larger investments for longer terms offer our borrowers the greatest flexibility. Investors may designate the term of their investment, the interest rate and schedule of repayment. BCF investors may be eligible for a Vermont tax credit. A Vermont Community Loan Fund Investment is not insured, however, VCLF has a spotless record of returning principal, intact, upon loan maturity. Contributions Gifts to VCLF or either of its loan funds are tax deductible.