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News

Craft3 Receives $20 Million to Continue Clean Water Loans Across Washington

Craft3

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July

2026

The Washington State Department of Ecology has rewarded Craft3 $20 million to continue the Clean Water Loan Program, which offers affordable loans to homeowners who need to repair or replace failing septic systems.
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News

Annual Report 2025

Craft3

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June

2026

We are committed to providing capital where traditional markets fail, building relationships that create lasting change, and amplifying the voice of communities too often unheard in economic discussions. Together, these strategies are creating the foundation for a more thriving, just, and empowered region. Learn more in our 2025 Annual Report.
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News

Our Upcoming Summer 2026 Week of Rest

Kelly DuLong

Craft3

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June

2026

Craft3 will be closed July 6th through 10th for a Week of Rest. Launched in 2024, our twice-annual Week of Rest remains an important part of our company culture and commitment to deepening work/life balance. We share answers to frequently asked questions you may have about your loan application, payment, and more.
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News

Finding the Highest and Best Use for Capital: An Interview with CFO Rachel Bellamy

Jennifer Huang

Craft3

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June

2026

Over the course of Rachel Bellamy’s career in accounting and finance, two things have remained constant: her love of accounting and her passion for mission-driven work. Three weeks into her new role as Chief Financial Officer, Rachel shares her perspective on the power of financial analysis for nonprofit organizations, accountability in leadership, and career shifts.
Blog
News

Riding along with Elisabeth Zeller, CEO, on her first 60 days

Mark Feldman

Craft3

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February

2026

New Craft3 CEO Elisabeth Zeller has spent her first 60 days listening, learning, and logging miles across Oregon and Washington. Instead of a traditional interview, she shares quick, candid reflections on what she's seen, heard, and felt so far.
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News

Craft3 Extends $1M Lifeline to Emergency Septic Replacement Loan Program

Craft3

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January

2026

When septic systems fail, Oregon law requires immediate repairs—but traditional banks won't finance emergency replacements. Since 2016, Craft3's Clean Water Loan program has helped hundreds of rural families stay in their homes. On February 2nd, Craft3 will announce a $1 million investment to extend the program through March 2026.
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News

Wellbeing Initiatives that Make a Difference

Kelly DuLong, EVP

Craft3

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December

2025

Craft3 is closed Dec 24-Jan 1 for our Week of Rest, a wellbeing initiative that helps us better serve you. Learn how to reach us for urgent needs.
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News

“Tell me More”: A Conversation with Elisabeth Zeller, Craft3’s new CEO

Mark Feldman

Craft3

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December

2025

Meet Elisabeth Zeller in her own words. Three weeks into leading Craft3, our new CEO shares how her immigrant family history and years working in rural Alaska shaped her approach to leadership and capital as a tool for justice.
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News

Craft3's new CEO on building 'the infrastructure of a community'

Portland Business Journal

Malia Spencer

Craft3

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November

2025

At a pivotal moment for community lenders, Craft3 welcomes Elsabeth Zeller as CEO—bringing Fortune 500 systems thinking to close capital gaps across rural Oregon and Washington. Read her Portland Business Journal interview on using finance as a tool for regional justice.
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News

Welcoming Elisabeth Zeller: Craft3's Next CEO

Sue Taoka and Lee Winslett

Craft3

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November

2025

Craft3 has found a leader whose financial expertise matches our commitment to using capital as a force for justice. Elisabeth Zeller brings over 20 years of experience managing complex systems and navigating uncertainty—exactly what's needed to expand access to capital for underserved communities.
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News

Funding for rural wastewater repairs in Oregon may run dry

Argus Observer

Craft3

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September

2025

Oregon families facing septic emergencies have until December 2025 to access emergency loans that have saved over 350 households from impossible $28,000+ repair bills.
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News

Funding your septic fix in Washington

Department of Ecology

Craft3

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September

2025

When septic systems fail, Washington families face impossible choices: live with water restrictions, drain savings for $30,000+ repairs, or risk health violations. While urban residents enjoy subsidized sewer systems, rural and low-income families bear the full cost alone. Since 2016, Craft3's partnership with Washington State Department of Ecology has changed this—providing affordable loans and grants that make clean water a shared responsibility.
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News

Building Better Deals: The Benefits of Bank Partnerships

Jennifer Huang

Craft3

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August

2025

At Craft3, partnerships with banks are essential for delivering flexible, mission-driven capital to underserved communities. When we partner with banks, each institution brings its strengths to the table, often crafting deals that neither could do alone.
Blog
News

Annual Report 2024

Craft3

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June

2025

We are committed to providing Capital where traditional markets fail, building Relationships that create lasting change, and amplifying the Voice of communities too often unheard in economic discussions. Together, these strategies are creating the foundation for a more thriving, just, and empowered region. Learn more in our 2024 Annual Report.
Blog
News

Search for next Craft3 CEO hits milestone

Walt Krumbholz

Craft3

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June

2025

Craft3 is actively conducting an executive search for our next CEO. We're seeking a visionary leader to advance our mission of building a thriving, just and empowered Pacific Northwest.
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News

Why We’re Taking a Week of Rest – And What It Means for You

Craft3

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June

2025

This break gives our team the opportunity to step back, recharge, and return refreshed, ready to continue delivering the best service to our customers and communities.
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News

Craft3 CEO on Trump threat to small business borrowing

Portland Inno, Portland Business Journal

Malia Spencer

Craft3

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April

2025

Craft3 provides vital funding to underserved small businesses that traditional banks often overlook. With potential federal cuts to CDFI funding, Craft3’s ability to support entrepreneurs of color, women, immigrants, and veterans is at risk.
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News

Welcome Aman Jeloka, Craft3 Chief Financial Officer

Craft3

Craft3

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March

2025

Craft3 welcomes Aman Jeloka as its new Chief Financial Officer. With experience at BECU, Amazon, and JPMorgan Chase, Aman brings strong financial leadership and a passion for mission-driven work. He’s focused on building trust, empowering teams, and supporting Craft3’s long-term impact.
Blog
News

Craft3 Welcomes a new Chief Financial Officer and new Board Co-Chairs

Craft3

Craft3

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March

2025

We’re excited to announce key leadership changes at Craft3, including our new CFO and Co-Chairs of the Board. These updates strengthen our mission to deliver responsible capital to communities.
Blog
News

Our Mailing Address is Changing

Craft3

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February

2025

Craft3 has two mailing addresses – one for payments, and another for other correspondence, including invoices, wet signed loaned documents, and insurance renewals.
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