Loans to nonprofits

FAHE’s first pooled loan fund was started in 1981 to revolve construction loans at affordable interest rates and continued to be one of our most valuable resources in keeping housing affordable. The intricacies of complex government programs can make projects appear risky to traditional lenders. Our years of nonprofit experience help us finance viable businesses and projects with flexible underwriting at competitive rates.  

Through this model we are able to offer our Members and other developers a variety of financial services including:  

  • Construction loans
  • Letters of credit
  • Equipment financing
  • Land acquisition loans

Over the years our Members have used these funds for more than just housing; from daycare centers to alternative retirement communities to a community coffee shop, no idea is too far outside the box. Our reputation for financing successful projects has made FAHE a preferred partner in strengthening our region’s communities. 

106 Pasco Street P.O. Box 908 Berea, KY 40403 tel: 859.986.2321 fax: 859.986.5836