Success Stories
Shawn Poynter / There Is More Work To Be Done
Shawn Poynter / There Is More Work To Be Done
HAC Loan Fund FY 2021 Impact Report
HAC is proud to present our 2021 Loan Fund Impact Report. In fiscal year 2021 (October 2020-September 2021), we financed the construction, preservation, or rehab of 775 affordable homes. By closing 33 loans, we invested $15.9 million in rural communities and leveraged $177.6 million in additional investments. Our lending has helped hundreds of rural families find safe, healthy, and affordable places to call home. Over 40% of these families live in persistent poverty counties, where the poverty rate has been at least 20% for the last 30 years.
Loan Fund Impact Report FY 2021 by Mackenzie Webb
