The Western Massachusetts Climbers’ Coalition (WMCC) made the final payment on their Access Fund Land Conservation Campaign (AFLCC) loan, completing five years of fundraising for the Farley Ledge Preservation Initiative.
Farley Ledge contains arguably the best climbing in southern New England between Rumney, New Hampshire and the Gunks in eastern New York. After decades of troubled access, their 2007 acquisition at Farley Ledge secured parking and critical access for climbers. WMCC paid down a significant portion of the original bank loan through annual fundraising events, major donors, an original Access Fund grant, and other grassroots fundraising. In 2009, Access Fund refinanced their remaining $30,000 bank loan, saving approximately $3,500 in interest and fees that can be invested in other projects that benefit the Massachusetts climbing community.
The WMCC is the seventh organization to fully pay back their AFLCC loan, returning funds to the revolving loan program so the Access Fund can loan the money out again to save another threatened climbing area. Congratulations WMCC!