We’ve invested over $10.5 million in communities and people with 148 loans since 1992. The current size of the ever-growing EquityTrust Fund is $3.5 million with almost 90% coming from 125 individual and institutional lenders as of the end of 2022.
Farmers and nonprofit organizations make up three quarters of our borrowers, in roughly equal proportions, but we also loan to community land trusts and cooperatives.
Our loans have supported farming more than anything else, but they have also been used to provide affordable housing, other needs like social services and community centers, and other kinds of land protection besides agricultural conservation.
Equity Trust loans have been used for acquiring property, to provide operating capital, to make improvements, and to refinance other loans.