Colcom Revolving Fund for Local Land Trusts
The Western Pennsylvania Conservancy’s Colcom Revolving Fund for Local Land Trusts provides grants in the form of short-term loans to land trusts seeking to conserve high-priority properties.
This new loan fund is made possible through $1 million in grants from the Colcom Foundation. It helps to resolve a common problem for local land trusts: Significant land-conservation opportunities usually require quick action in order to make a purchase before the seller moves on to other interested buyers – but fundraising to conserve land typically takes 18 to 24 months.
The new loan fund not only provides land trusts with financing to act quickly in response to rare conservation opportunities, but it also offers the technical assistance of Western Pennsylvania Conservancy staff members to support positive outcomes.
Available to multiple organizations, the fund regenerates as loans are repaid – providing financing for additional projects. As the fund administrator, the Western Pennsylvania Conservancy draws on decades of experience in land conservation and a long history of partnering with local land trusts to accomplish shared conservation goals.
For more information, including information about applying for a loan, contact Jane Menchyk at 412-586-2333 or jmenchyk@paconserve.org.
