Concord – TransCanada Corporation (TransCanada) has donated $40,000 to the New Hampshire Community Loan Fund’s Campaign for Opportunity, pushing the capital campaign closer to its $2.2-million goal.
The Campaign for Opportunity is raising “permanent capital” for the Community Loan Fund. Every dollar raised by the campaign goes directly into the Community Loan Fund’s loan pool and will be used many times over to create and retain affordable housing, good jobs, quality child care and other community services in New Hampshire.
“TransCanada is proud to support the energy and commitment of the Campaign for Opportunity and the staff of the Community Loan Fund” says Cleve Kapala, Director, Government and Public Sector Relations, TransCanada. “We recognize that these are hard times for many and the provision of housing, jobs and family support in this region is a priority that TransCanada shares with this organization.”
When the Campaign for Opportunity hits its goal, the Ford Foundation and the Sandy River Charitable Foundation have pledged to contribute an additional combined $1.1 million.
“We appreciate this grant from the TransCanada Corporation, and, of course, the matching funds from the Ford Foundation and the Sandy River Charitable Foundation,” said Community Loan Fund President Juliana Eades. “They affirm and strengthen our commitment to strengthening New Hampshire’s families and communities.”
The Community Loan Fund, a nonprofit based in Concord, NH, turns investments into loans and education that help people of modest means buy or preserve homes, grow their businesses and have access to quality child care. It has received numerous honors for its innovative programs, including the NEXT Award for Opportunity Finance, the highest honor in its field.
About TransCanada With more than 60 years experience, TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas and oil pipelines, power generation and gas storage facilities. TransCanada's network of wholly owned natural gas pipelines extends more than 57,000 kilometres (35,500 miles), tapping into virtually all major gas supply basins in North America. TransCanada is one of the continent's largest providers of gas storage and related services with approximately 380 billion cubic feet of storage capacity. A growing independent power producer, TransCanada owns, or has interests in, over 10,800 megawatts of power generation in Canada and the United States. TransCanada is developing one of North America's largest oil delivery systems. TransCanada's common shares trade on the Toronto and New York stock exchanges under the symbol TRP. For more information visit: www.transcanada.com and follow us on Twitter @TransCanada.
About the New Hampshire Community Loan Fund The New Hampshire Community Loan Fund (Community Loan Fund) turns investments into loans and education to create opportunity and transform lives. We collaborate with a wide range of donors and lenders, and with business, nonprofit and government partners, to provide the financing and support people need to have affordable homes, have quality jobs and child care, and become financially independent. Established in 1983, the Community Loan Fund was one of the first Community Development Financial Institutions in the nation, and has received industry awards and recognition for social impact, financial strength and performance. For more information, visit www.communityloanfund.org or call (800) 432-4110. |