Steve Kopenhaver, Chair
Harleysville Savings Bank

Mary Jane Corzel, Vice Chair
Continental Bank

Paul Dotzman, Treasurer
QNB Bank

Patricia Kratz, Secretary
Univest Bank and Trust Co

Judith Hunsicker, Assistant Secretary
Embassy Bank

Community Lenders, formed in 1999, provides financing for community redevelopment and revitalization projects in Bucks, Chester, Delaware,Lehigh, Montgomery, Northampton and Philadelphia counties. With the strength of our 30 member banks we’ve loaned more than $27 million to help serve 38 agencies and helped provide homes for more than 800 low income residents or families.

The Community Lenders Community Development Corporation will promote and facilitate community revitalization through the financing of, and investment in, housing and community development activities, which will address the needs of low and moderate-income persons and areas throughout Bucks, Chester, Delaware, Lehigh, Montgomery, Northampton and Philadelphia counties, with specific emphasis on those communities where the member banks are located.

Habitat for Humanity of Montgomery County, PA will be able to prepare its new ReStore at 533 Foundry Road in West Norriton for a grand opening in September 2010 thanks to a loan provided by Community Lenders. In addition, the nearly 20,000 sq. ft facility will house Habitat affiliate offices, allowing 10% annual growth, and will also provide space for their construction warehouse and wood shop.

NorthStar Property Corporation of PA was able to refinance a loan on a building that houses the administrative offices for NorthStar Youth Services. NorthStar Youth Services provides a community home program for dependent children. Children are provided with counseling and other services, attend public school, and are encouraged to participate in school activities. When possible, the agency also facilitates the return of children in their program to families or relatives. At the time of the loan, there were 68 youths between the ages of 8 and 17 in the community home program.

 

Community Lenders was able to provide 1260 Housing Development Corporation (1260 HDC) with 2 loans in December 2009 that helped finance the purchase of 2, 3-story buildings in the Northeast neighborhood of Philadelphia. 1260 HDC will be able to provide low-income residents with physical and mental disabilities with 57 affordable home unit opportunities.

Habitat for Humanity of Montgomery County, PA will be able to prepare its new ReStore at 533 Foundry Road in West Norriton for a grand opening in September 2010 thanks to a loan provided by Community Lenders. In addition, the nearly 20,000 sq. ft facility will house Habitat affiliate offices, allowing 10% annual growth, and will also provide space for their construction warehouse and wood shop.

The mission of Community Lenders is to provide long-term financing to organizations that work to improve their communities. We help mission-driven organizations in Bucks, Chester, Delaware, Montgomery, and Philadelphia Counties by making competitive loans with favorable terms that ultimately build their communities. By pooling loan money, our 25 member banks are able to share in the risk while helping build a stronger community.