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Homes for Adults with Mental Health and Mental Disabilities. Donna Mengel is the founder and owner of Lamb Foundation, a nonprofit organization that provides homes to 175 individuals who have low to moderate incomes. Ms. Mengel rents the homes she buys to the Lamb Foundation. In turn, Lamb Foundation rents the homes to individuals, who have mental health or mental disabilities. Lamb offices are located on Main Street in North Wales, Montgomery County, Pa., and the organization raises funds through the nearby Sweet Repeats Thrift Shop and its sister business on eBay, Sweet-E-Repeats. Lamb has received many loans for building in North Wales including loans for:

  • Four houses used as homes for Lamb residents. (Loan Pool II – 5/9/2003)
  • A single family home to be converted into 2 residential units, providing housing for 8 residents. (Loan Pool IV – 9/7/2007)
  • A residential duplex to provide housing for 8 residents. (Loan Pool IV – 9/27/2007)
  • A 6 unit residential apartment building that will eventually house 16 residents. (Loan Pool IV – 12/14/07)

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Group Homes for Mentally and Physically Handicapped. Indian Creek Foundation of Souderton, Pa, is a non-profit organization that provides residential housing, life and social skills training, work experience, and day program space for adults with developmental disabilities. They have received several loans:

  • One loan allowed Indian Creek Foundation to avoid displacing six clients with handicaps living at in Harleysville, Montgomery County, Pa., by buying the home they were leasing when the former landlords decided to sell. (Loan Pool III – 4/26/2007)
  • Another loan allowed Indian Creek Foundation to purchase a home for 3 or 4 clients to live in Franconia Township, Montgomery County, Pa. (Loan Pool III – 5/15/2007)
  • Another recent loan allowed Indian Creek Foundation to purchase a home for 4 clients to live in Sellerville, Montgomery County, Pa. (Loan Pool IV – 5/22/2007)
Section 8 Housing for Seniors. St. James Place, a Limited Partnership received a loan for a property in, Downingtown, Chester County, Pa. The property is a 28,515 square foot, 2 story, 40-unit apartment building for residents who meet Federal requirements for Section 8 housing. The apartments are operated by Arbor Management. Arbor Management, LLC is the management agent for over 40 properties located in several states. This diversity allows Arbor to offer expertise in a variety of affordable housing programs on both the state and federal levels. Programs administered by Arbor include: Section 8 (family and elderly), Section 236, LIHTC (family and elderly), Rural Development, Home Funds, Federal Home Loan Bank Affordable Housing Program, HODAG and Hope VI. (Loan Pool II – 2/26/04)

Homes for Low Income Seniors. Red Hill Senior Associates, LP received a loan for the establishment of Red Hill Villas in Montgomery County, Pa. The property offers 68 units in a complex dedicated to low to moderate income seniors. The property is also managed by Arbor Management. (Loan Pool II – 2/26/2004)

Homes for Ex-Prisoners. Liberty Ministries received a loan for a home in Schwenksville, Montgomery County, Pa., for a residential duplex to be rented to male ex-prisoners with annual incomes less than 60 percent of the area’s median income. Together the units serve 10 single men, plus an on-site Housing Assistant and Resident Program Director. Liberty Ministries formed in 1980 as a Christian-based outreach to prisoners at Montgomery County Correctional Facility and the State Correctional Institution at Graterford. In addition to their prison visiting program for men and women, they offer a nine-month residential program to male ex-prisoners designed to give them Biblically based life skills to reintegrate in their communities. The program also operates two thrift stores. (Loan Pool I – 10/25/2002)

Affordable Apartments for Seniors. 52 one-bedroom and 8 two-bedroom apartments in Ambler, Montgomery County, Pa., were made available to senior citizens living at 40 to 50 percent of the area’s median income with a loan to Ambler Plaza managed by The Ingerman Group. The apartments are within a block of the Ambler Train Station and downtown shopping. (Loan Pool I – 2/26/2002)

Housing for Low Income Families. With a loan in hand, Twin Pines Associates developed a 14,335 square foot building with 17 residential units in Lansdale, Montgomery County, Pa., for families living at or below 80 percent of the median area income. The apartments are managed by Grosse & Quade Management. (Loan Pool I – 1/28/2000)

What makes a community? Ask ten people and, most likely, you will not receive one definitive answer. The list of essential elements can be extensive, but after more than a decade of funding initiatives targeted at neighborhood revitalization, Community Lenders understands that communities do not emerge from bricks and mortar alone.

Successful communities offer residents and visitors security, proximity to essential resources, and positive social interactions. That is why Community Lenders strives to create more than just buildings; our projects are often catalysts for enhancing the quality of life for those who live in and frequent the communities we support. Our lending partners support this philosophy.

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Residential Housing

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We provide 30-year financing for low and middle-income housing projects. (not to individual homeowners).
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We provide 30-year financing for non-profits for facilities that will contribute to the area's development and economic well-being.
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For facilities that offer both housing and community development activities, we provide 25-or 30-year loans.
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