“Make it a practice to
judge persons and things
in the most favorable light
at all times and under
all circumstances.”

St. Vincent de Paul

YamilethTuiz Uias, selling fish in Granada market, with God Daughter Anita Jarquin 10 years old

Frequently Asked Questions

  • Low-income housing development
  • Community development efforts such as co-ops and land trusts
  • Business ventures that directly benefit low-income communities
  • Employment opportunities developed for worker-owned or minority enterprises
  • Environmental and sustainability projects

Who can qualify?

Loans are made to nonprofit organizations, financial institutions and for-profit organizations that benefit the poor and underserved. Loans are not made to individuals. Some of the criteria considered in reviewing applications include:

  • Will the poor and/or underserved benefit?
  • Is conventional or other financing unavailable?
  • Is there adequate financial stability and business planning?
  • Are just management practices in place?
  • Are the economically disadvantaged empowered to develop themselves and their communities?
  • Are low-income persons represented in management and board-level positions?

What are the terms of Fund loans?

The maximum loan is $150,000. The average loan is $100,000. Monies are loaned at a low interest rate (usually 3 percent per year) for a maximum of five years. All monies are available as loans—not grants.

Ministries

Upcoming Events

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Nov
28
Sat
Mass for the Motherhouse Sisters
Nov 28 @ 4:00 pm – 5:00 pm

Mass at the Motherhouse will temporarily be for the Motherhouse Sisters only but will livestreamed for everyone. You will be able to view the mass at 4 p.m. by CLICKING HERE or watch the archived mass on the Sisters password-protected section of the website.

Read About…

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Love, Laughter and Learnings: A tribute to Seton Hall

As Sisters and employees prepare to move from Seton Hall on the Mount St. Joseph campus, it seems appropriate that we offer the building a special send-off. Over its 93-year history Seton Hall has been ‘home’ to many. As we anticipate the building leaving us early in 2021, we share the following poem written by S. Carol Leveque. …