| Program-Related Investments |
| Boston Community Loan Fund, Inc. | $150,000 |
Boston, MA
Subordinated loan to finance pre-development, construction, and bridge financing for affordable housing, community facilities, and child care projects. $150,000 10-year subordinated loan approved in 2000. | |
| Boston Community Loan Fund, Inc. | $600,000 |
Boston, MA
Senior loan to finance affordable housing, community facility and commercial real estate projects. $600,000 5-year senior loan approved in 2005. | |
| Calvert Social Investment Foundation, Inc. | $500,000 |
Bethesda, MD
Subordinated loan to provide credit enhancement for Calvert Foundation's Community Investment Notes. $500,000 4-year subordinated loan approved in 2008. | |
| Community Reinvestment Fund, Inc. | $1,000,000 |
Minneapolis, MN
Subordinated loan to provide credit enhancement for Community Reinvestment Notes, thereby increasing the capital available to low-income communities for small business development, affordable housing, and community facilities. $1,000,000 10-year senior loan approved in 2006. | |
| Enterprise Corporation of the Delta | $250,000 |
Jackson, MS
Senior loan to provide secondary capital to Hope Community Credit Union, a low-income designated federal credit union serving distressed Delta communities. $250,000 7-year senior loan approved in 2006. | |
| Latino Community Credit Union | $250,000 |
Durham, NC
Secondary capital to support deposit growth and subsequent lending for home mortgages, used and new vehicles and consumer loans. $250,000 8-year secundary capital loan approved in 2007. | |
| National Federation of Community Development Credit Unions, Inc. | $1,000,000 |
New York, NY
Nominee deposits in community development credit unions of which at least 80% must be originators of affordable home mortgages. $1,000,000 10-year loan approved in 2006. | |
| Native American Bancorporation | $300,000 |
Denver, CO
Preferred stock in an American Indian-owned community development bank serving reservation communities and tribal enterprises. $300,000 10-year preferred stock investment approved in 2004. | |
| Nonprofit Finance Fund | $500,000 |
New York, NY
Senior loan to finance facility and working capital loans for nonprofit organizations that create assets and build wealth of low and moderate income people and communities. $500,000 9-year senior loan approved in 2007. | |
| Opportunities Credit Union | $250,000 |
Burlington, VT
Secondary capital for a low-income designated federal credit union to support affordable home mortgage and small business lending. $250,000 9-year secundary capital loan approved in 2001. | |
| Opportunity Finance Network | $500,000 |
Philadelphia, PA
Senior loan to provide flexible financing for Community Development Financial Institutions. $500,000 8-year senior loan approved in 2002. | |
| Rural Community Assistance Corporation | $500,000 |
West Sacramento, CA
Senior loan for development of affordable housing, water and waste water systems, and community facilities in low-income, rural areas. $500,000 10-year senior loan approved in 1998. | |
| ShoreBank | $1,000,000 |
Chicago, IL
Preferred stock investment to support community development banking services and lending in inner-city Chicago, Detroit and Cleveland. $1,000,000 5-year preferred stock investment approved in 2006. | |
| ShoreBank Corporation | $997,500 |
Chicago, IL
Common stock investment to provide Tier-1 capital to Shorebank. $997,500 1-year common stock investment approved in 2008. | |
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