Capital Projects

The interest-free loan program provides an alternative to a private building loan (e.g., from a bank), helping camps to save money on interest and legal fees (especially when interest rates are high).  

Loans will only cover up to 50 percent of a project’s cost. The maximum FJC loan amount is $1 million and the minimum FJC loan amount is $250,000.  Loan amount is also based on the size of the camp. (A “project” can be a portion of a larger capital project or several capital improvements bundled together.)

Camps are required to fill out a preliminary application to see if the project and camp is eligible for consideration.  If selected to move forward, camps will be required to complete a full application with financial and board disclosures which will be reviewed by FJC to determine viability.  Approved camps will then move to the final phase, the closing process, including signed agreements and a letter of credit. 

The loan is a five-year loan with twenty equal payments. Camps are required to submit payments on time and in full.  Camps are also required to provide data to FJC on an annual basis for reporting in addition to participating in the Camp Census and the Camper Satisfaction Insight survey.

(Note: Interest-free loans will not be available for camps with existing mortgages or liens, and camps cannot take out a mortgage before repaying the FJC building loan in full.)