Tenfold Community Lending

Lancaster, PA   |  http://WEARETENFOLD.ORG

Mission

TENFOLD SPARKS THE POWER IN ALL PEOPLE TO ACHIEVE EQUITABLE HOUSING AND FINANCIAL SECURITY. WE ARE THE TRUSTED COMMUNITY PARTNER INNOVATIVELY BUILDING WEALTH AND ACHIEVING QUALITY, FAIR AND AFFORDABLE HOUSING FOR ALL, THROUGH PROACTIVE COACHING, EDUCATION, LENDING AND ADVOCACY.

Ruling year info

1995

Principal Officer

SHELBY NAUMAN

Main address

308 E King St

Lancaster, PA 17602 United States

EIN

23-2788924

NTEE code info

Housing Development, Construction, Management (L20)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

What we aim to solve

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Our programs

SOURCE: IRS Form 990

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Program 1

THE HOMEBUYER PROGRAM PROVIDED CLOSING COST LOANS AVERAGING $9,814 THAT ENABLE 35 LOW AND MODERATE INCOME FAMILIES TO PURCHASE THEIR FIRST HOME. THE TOTAL AMOUNT OF CLOSING COST LOANS ORIGINATED WAS $343,500. THE LOANS ARE PROVIDED INTEREST FREE WITH PAYMENT DEFERRED UNTIL RESALE.

Expenses
$472,795
Revenue
$251,614

THE LOCAL HOUSING INVESTMENT TRUST FUND (LHIFT) IS A REVOLVING LOAN FUND FOR FLEXIBLE, LOW INTEREST LOANS TO SUPPORT AND STIMULATE THE CREATION, REHABILITATION, AND PRESERVATION OF AFFORDABLE HOUSING AND MIXED-USE PROJECTS WITHIN THE SOUTH CENTRAL PENNSYLVANIA COUNTIES OF ADAMS, CUMBERLAND, DAUPHIN, FRANKLIN, LANCASTER, LEBANON, PERRY AND YORK. NO LOANS WERE MADE IN THE FISCAL YEAR.

Expenses
$160,833
Revenue
$0

Where we work

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Financials

Tenfold Community Lending
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Operations

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This organization has no recorded board members.