This is a housing cooperative in a re-purposed firehouse in Worcester, MA.
The Cooperative Fund of New England is making available a $1M Emergency Cooperative Enterprise Relief Loan Fund 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 are also offering a 60-day suspension of payments to our borrowers that are at highest risk and greatest need. If your co-op is struggling as a result of the pandemic, please reach out to us. To support the fund, donate here or click here to view a prospectus for investing in the emergency fund.
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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