Trillium Community Investment Program Partner Highlight Q2 2020: Craft 3

Dear U.S. Environmental Protection Agency Administrator and Members of Congress,

While each investment poses unique risks, promissory notes issued by loan funds and non-profit organizations generally pose special risks by their nature. Typically, they involve an uncollateralized and uninsured promise to pay. The issuer’s only obligation is to repay the principal at maturity with interest payable at stated times. The promissory notes are not securities registered with the Securities and Exchange Commission.