10 acres conserved
$455,000 of local real estate strengthened
A bridge loan can make a big difference, enabling a nonprofit to get started on a project before a capital campaign is complete or grant funding has been received.
This $424,000 bridge loan enabled the Black Oregon Land Trust (BOLT), a start-up nonprofit focused on Black farmer training and farm ownership, to purchase a 10-acre property to incubate agricultural businesses for Black, Indigenous and People of Color (BIPOC) farmers.
The nonprofit was founded by Shantae Johnson, a Black farmer and owner of Mud Bone Farm with a long history of apprenticeship and activism for Black farmers in Oregon. BOLT is dedicated to ensuring that Black communities in Oregon have secure and affordable land access, sustainable agricultural skills, and the protected ecosystems needed to grow economically, environmentally, and culturally thriving communities.