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A brief summary of Contact Fund's activity as of Feb 2013.
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Two new loans added to our portfolio this fall! Learn more about WHEDCo and Hospital Audiences.
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| Home > News > March 31st Senior Investment Note |
NOW IS THE TIME to invest in New York City neighborhoods with Contact
Fund’s Senior Investment Note. Contact Fund will be issuing investment
notes to accredited investors on March 31st. For more
information or a copy of our Private Placement Memorandum, please email jennifer@contactfund.com or call (212) 209 – 3877.
A Proven Approach- Since
2005, Contact Fund has offered a simple, straightforward opportunity
for investors to earn a competitive financial return while providing
asset-building strategies for NYC communities most affected by the
current economic recession.
- Areas of concentration include
affordable housing; capital for small businesses; job creation; and
education
- As a private investment vehicle, Contact Fund acts with more speed and flexibility than banks, foundations or government agencies
- Contact Fund has a steady track record of investor growth (400 % over the past 3 years)
Low Risk, Market Rate Return- Contact
Fund has 100% loan repayment by borrowers; its loan portfolio is
professionally managed with oversight and approval provided by an
independent volunteer loan committee
- 20% first loss protection is assumed by Founder, Mark Reed, and Preferred Equity Providers
- Dedicating
a portion of one’s overall investment portfolio to Contact Fund’s
Senior Investment Note provides asset diversification
- Liquidity – 6 month and one year notes are available
- Return – 2.5 % for 3/31/12 Senior Notes
Local Impact- Contact
Fund’s capital base has been fully recycled back into affordable,
flexible, responsive loans deployed in NYC neighborhoods. The numbers on
the ground highlight the great work our borrowing organizations have
accomplished with the use of that capital:
- More than 1,184 homes financed
- More than 40 micro-loans disbursed to small and emerging businesses
- More than 52 other sources of financing leveraged
- Projects totaling at least $370.5 million in development costs
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