CommCap provides assistance in the form of a bridge loan or line of credit to nonprofits awarded grants, but have not received the funds. A bridge loan allows the nonprofit to continue their work until the funds are received.
Habitat for Humanity
A CommCap line of credit enabled Habitat for Humanity of Coastal Fairfield County to commence and manage its construction projects while sponsor organizations were assembling project funding. In 2007, their credit line increased from $200,000 to $400,000, allowing them to start larger projects.