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Southern Good Faith Fund: Mission

Home > Methods > Development Lending

Helena Health FoundationDevelopment lending is a tool that allows Southern to enhance existing community assets and to create new ones.  Since 1986, Southern Bancorp has provided more than $1.4 billion in development loans that created or saved more than 7,000 jobs.

Southern Financial Partners plays an important role in this effort by targeting lending at key impact points in Southern’s overall community revitalization effort.  Southern Financial Partners has made over $45 million in development loans. 

Southern Financial Partners provides loans at several levels: small business loans, community facilities loans, and home mortgage loans for low and moderate income families.  These loans fulfill an important need in our communities by targeting small businesses, families, and community facilities.  Community facility loans – a charter school, a wellness center, a new housing complex – often make the largest impact increasing a community’s assets.  Also, many of the loans are backed up with technical assistance, to help borrowers achieve maximum success—as entrepreneurs, as community leaders, or homeowners.

Small Business Lending
Community Facilities Lending
Mortgage Lending

 

 

 

 

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