Community Loan Fund and NCIC have reached an agreement

CONCORD, N.H. — The New Hampshire Community Loan Fund (Community Loan Fund) and Northern Community Investment Corporation (NCIC) have reached an agreement that will enable the Community Loan Fund to acquire NCIC’s assets and programs. This action is pending approval by New Hampshire regulatory authorities, likely within the next 60 to 90 days. In the meantime, NCIC remains open for business and continues to offer commercial loans along with grant writing and project management services. NCIC President Peter Corey said, “The joining of these two organizations enables NCIC to build upon its long legacy of positive economic development in northern NH and northeast Vermont and to leverage the Community Loan Fund’s strength and programs to bring further benefit to that area.”