COVID-19 Co-op Emergency Fund & Resources

To help the cooperative ecosystem weather the Covid-19 crisis, Cooperative Fund of New England launched a $1M Emergency Cooperative Enterprise Relief Loan Fund. The Fund is for cooperatives in New England and parts of New York State who are seeing a dramatic loss of customers and revenue as a result of the COVID-19 pandemic. We also offered a 60-day suspension of payments to our borrowers that were at highest risk and greatest need. If your co-op is struggling as a result of the pandemic, please reach out to us.

As a 100% remote workplace, we are fully operational and remain available to assist with your financing, investing, and business technical assistance needs. 

Click here for a compilation of resources to support co-op resiliency.

 

Triangle Court, a mobile home park at the foothills of the Green Mountain National Forest in Brandon, VT. Under threat of an outside sale, the residents banded together in two short months, which is unusual for deals of this kind. The deal to form a resident owned community was closed on April 19th, 2016, with the help of Cooperative Development Institute (CDI), and the board took immediate...

Cooperative Fund of New England

We work for economic, social, and racial justice by advancing community based, cooperative, and democratically owned or managed enterprises with a preference to assisting cooperatives in low-income communities by:

  • Providing financial products at reasonable rates
  • Developing business skills
  • Offering an investment opportunity that promotes socially conscious enterprise

 

A socially responsible lending organization and investment option.

Supporting Coops since 1975