Empower Your Community through Strategic Lending Solutions

At Fahe, we are dedicated to fostering Thriving Appalachian Communities through our innovative and strategic community lending solutions. Fahe Community Lending loans are available to nonprofit and for-profit organizations and developers with a focus on community development in rural communities. Our competitive interest rates and favorable terms enhance financial flexibility. Moreover, we provide access to valuable programs such as the USDA’s Community Facilities (CF) program and the US Department of the Treasury’s Bond Guarantee Program (BGP), offering additional advantages for borrowers.

Discover the Power of Community Lending

In an era where collaboration and support are paramount, our community lending program stands out a beacon of opportunity. We believe in the potential of every community, and our mission is to unlock that potential through tailored financial solutions.

Why Choose Fahe for Community Lending?

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    Tailored Solutions for Diverse Needs

    Our community lending programs are designed with diversity in mind. Whether you’re developing affordable housing, a rural medical clinic, or working to revitalize an historic rural downtown, we have tailored solutions to meet your unique needs.

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    Local Impact, Global Reach

    By choosing Fahe, you’re not just accessing financial resources; you’re joining a movement that spans communities and transcends boundaries. Our national reach allows us to bring local success stories to a broader stage, amplifying the impact of your community’s achievements.

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    Proven Track Record of Success

    Our success stories speak for themselves. With a proven track record of fostering economic development and community resilience, Fahe is a trusted partner in building a brighter future.

Fahe’s Community Lending Program Options

Embark on a journey to empower and uplift communities with Fahe’s Community Lending Program. Explore a range of tailored financing solutions designed to catalyze impactful development initiatives. Below, we outline key funding options available through our program, providing you with a comprehensive understanding of how Fahe can support your vision for community growth and resilience. Dive into the details of each option to discover the financial tools that align with your unique needs and aspirations. Fahe is your dedicated partner in fostering sustainable, thriving communities.

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    Predevelopment

    Predevelopment funding serves as crucial support for early project stages. It covers essential costs such as reservation fees, market studies, Phase I environmental assessments, engineering and design fees, and professional charges, laying the groundwork for successful community development initiatives.

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    Acquisition

    For those looking to acquire real estate for future development within Fahe’s Community Lending Program, the acquisition financing option is designed to provide the necessary funds for property purchase and associated closing costs. This facilitates the acquisition of strategic locations for community-centric projects.

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    Construction

    Fahe’s Community Lending Program addresses the hard and soft costs of constructing new or renovated structures. This includes everything from physical construction expenses to various associated costs, ensuring a comprehensive approach to building or enhancing community infrastructure.

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    Term

    When communities require long-term financing solutions, Fahe’s Community Lending Program offers terms extending up to 35 years. This ensures stability and financial support over an extended period, allowing for sustainable growth and development.

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    Bridge

    Fahe recognizes the timing challenges that can arise in community projects. The bridge financing option in the Community Lending Program is designed to overcome these gaps, ensuring a seamless transition between project or program costs and the actual receipt of funds from committed or anticipated sources.

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    Working Capital

    In the ebb and flow of community development, organizations may encounter varying cash needs. Fahe’s Community Lending Program provides working capital, offering flexible financial support to meet organizational, seasonal, or cyclical cash requirements. This ensures adaptability and financial resilience for ongoing community initiatives.

Community Facilities Direct Loan Program

The Community Facilities Direct Loan Program offers substantial benefits to borrowers through interest rates and long-term, fixed-interest terms. This program is accessible to public bodies, community-based nonprofits, and federally-recognized tribes located in rural areas. Its purpose is to support the development of essential community facilities, including:

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    Health Care Facilities

    Hospitals, Medical Clinics, Dental Clinics, Nursing Homes or Assisted Living Facilities

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    Public Facilities

    Town Halls, Courthouses, Airport Hangars, Street Improvements

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    Educational Services

    Museums, Libraries, Private Schools

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    Utility Services

    Telemedicine or Distance Learning Equipment

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    Community Support Services

    Child Care Centers, Community Centers, Fairgrounds, Transitional Housing

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    Public Safety Services

    Fire Departments, Police Stations, Prisons, Police Vehicles, Fire Trucks, Public Works Vehicles or Equipment

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    Local Food Systems

    Community Gardens, Food Pantries, Community Kitchens, Food Banks, Food Hubs, Greenhouses

CDFI Bond Guarantee Program

The CDFI Bond Guarantee Program focuses on the nation’s most distressed communities, offering funding and refinancing options for projects targeting low-income populations or within CDFI investment areas

This program provides borrowers with long-term fixed-rate funding. Fahe, in particular, directs its lending efforts towards nonprofit and for-profit organizations involved in the following sectors:

  1. Nonprofits
  2. Healthcare
  3. Commercial Real Estate
  4. Licensed Senior Living Facilities

For more detailed information on this program or Fahe loans, please contact Drew Pritchard at 859-200-9861.

Meet the Team

Drew Pritchard

Business Development Officer

Drew Pritchard joined Fahe’s Strategic Programs team in 2020. He has spent the majority of his career in banking and finance, in addition to six years as a senior project manager. In his position as Business Development Officer at Fahe, Drew works with numerous Members and communities across Fahe’s footprint and beyond to help provide lending resources for affordable housing, community lending, addiction recovery, medical facilities, and much more. Drew attended the University of Kentucky, College of Arts and Science with an emphasis in History and Political Science. He began his career in loan servicing at JPMorgan Chase where he ultimately became Operations Teams Leader. dpritchard@fahe.org 859-200-9861

Dwain Neeley

Vice President of Community Lending

Dwain Neeley joined Fahe in November 2018 as the Community Lending Manager and transitioned into his current role as VP of Community Lending in 2019. While serving as the primary Underwriter on all credit requests, Dwain also manages the origination, processing, and closing staff, as well as serving in a greater capacity around monitoring the department’s lending pipeline, closings, reporting requirements, and strategic planning. Before joining Fahe, Dwain worked at PNC Bank for 11 years where he worked his way up from a Licensed Financial Consult to Branch Manager in both Indiana and Kentucky, and finally as a Private Banker in the Wealth Management division. Dwain completed his Bachelors of Science in Business Administration at Indiana Tech, graduating Cum Laude. Prior to beginning his career in finance, Dwain proudly served in the US Air Force, retiring with over 21 years of service. dneeley@fahe.org 859-756-6257

James Edington

Community Lending Loan Manager

James Edington has been with Fahe since 2019 where he started in Single Family Loan Servicing. James now oversees Community Lending loans once closed, takes care of every day tasks including draw requests, billing, payment entry, collateral reviews, due diligence checks, payoffs and renewals at loan maturity. James holds a BS in Agriculture from Western Kentucky University and is an active member in the Masonic Lodge and Shriners International. jedington@fahe.org 859-756-6267

Dalli Martin

Community Lending Loan Assistant

Dallie Martin joined Fahe’s staff in 2018 as a Collection Specialist in the Loan Servicing department. She held many different positions such as Collection Specialist, Customer Service Specialist, Escrow Specialist, and Loan Administrator. She started in Community Lending in November 2021 as the Community Lending Loan Assistant. Dallie handles all of the closing and post-closing tasks for the department amongst many other duties. Before coming to work at Fahe, Dallie worked as the General Manager of a personal loan company and tax specialist for over 10 years. She attended Eastern Kentucky University while pursuing a degree in Business Finance. dmartin@fahe.org 859-756-6298

Join Us in Empowering Communities

At Fahe, we believe in the transformative power of community lending. Join us in the journey to create sustainable growth, foster local talent, and build a future where every community thrives.

Ready to embark on a new era of community empowerment?

Contact Drew Pritchard today at 859-200-9861 or dpritchard@fahe.org. Together, let’s build a stronger, more resilient future for all.