Commercial Lending

Financing business and economic development activity to create or retain jobs in disadvantaged and remote communities throughout West Virginia.

Commercial Development

CommunityWorks was approved by USDA Rural Development Intermediary Relending Loan Fund in 2008 to provide a commercial revolving loan fund to commercial developers in rural communities.

Under this loan, funds are available to assist with financing business and economic development activity to create or retain jobs in disadvantaged and remote communities throughout West Virginia.

USDA Rural Development approved

Commercial revolving loan fund

Available to rural commercial developers

Designed to create and retain jobs

Residential Development

CommunityWorks in West Virginia is the only CDFI in West Virginia dedicated to increasing the supply of affordable housing, deploying lending and development services to support low-income homebuyers and current homeowners as well as affordable housing developers.

In 2017, CommunityWorks was awarded $450,000 in federal funds from the CDFI Fund to create a new affordable rental housing line of business. In 2019, an additional $550,000 was awarded to invest in the Homeownership and Rental Revolving Loan Fund.

Rental Housing Development Loans

Loans to member organizations

Statewide low-income target market

CDFI Fund award recipient

Interested in Commercial or Residential Development?

Contact our team to learn about available financing options for your next project.