Friday, October 3, 2008

HNHfoundation lends $250,000 to the New Hampshire Community Loan Fund

Pictured in the photo (left to right) are Alan Cantor, Vice-President of Philanthropy, New Hampshire Community Loan Fund; Sally Hatch, Director of Investor Relations, New Hampshire Community Loan Fund; Barbara Reid, Treasurer, HNHfoundation Board of Directors; and Sandi Van Scoyoc, President, HNHfoundation.

The HNHfoundation has made a $250,000 loan to the New Hampshire Community Loan Fund. The Loan Fund will use the money to increase its loans to manufactured housing communities, microbusinesses and non-profit facilities in New Hampshire.

The HNHfoundation's contribution to the Loan Fund will help ensure that children and adults from low- and moderate-income households in New Hampshire are provided with opportunities for healthy lifestyles, through the Loan Fund's work in affordable housing, microbusiness development and non-profit facility support.

"We know that our ability to live healthy lifestyles is influenced by circumstances such as safe housing and economic security. We can't expect individuals and families to eat healthy and be active if they are unsure about meeting their housing needs or keeping their small business profitable. The Loan Fund plays a strong role in our state in helping families meet these basic needs while we at the HNHfoundation help them live healthier lifestyles," said Sandi Van Scoyoc, President, HNHfoundation. "The Foundation views this loan as the beginning of a partnership. And, like all partnerships, we are stronger together than working separately in assisting New Hampshire families."

The HNHfoundation works with organizations to reinforce the importance of learning healthy behaviors and practices during childhood. Additionally, the HNHfoundation helps to reduce childhood and adult obesity through participation in and support of New Hampshire's Healthy Eating Active Living (HEAL) Action Plan.

"Lenders provide a significant amount of the capital we have available to our borrowers. HNHfoundation joins more than 350 other lenders, including individuals, religious organizations, foundations, and financial institutions, that allow us the use of their funds to make loans that improve families, businesses and communities," explained Juliana Eades, President, New Hampshire Community Loan Fund. "The Loan Fund works with lenders like HNHfoundation to build strong communities throughout New Hampshire, by matching individuals without resources with those who can provide resources and want to make a positive difference."

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