During the past year, IFF has closed eight loans totaling $5 million, with another $1 million in projects in the pipeline, to help nonprofit corporations in Wisconsin acquire and construct new facilities and renovate leased or owned space. Borrowers in Milwaukee include: Learn the Seas-America, Modjeska Theatre Company, St. Catherine Residence, Seeds of Health, Strive Media Institute and Wisconsin Regional Training Partnership.

Contact: Robin Toewe, Assistant Director of Business Development, (312) 596-5141

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Qualifying charter schools in Wisconsin with real estate projects over $5 million, including refinancing, are encouraged to apply for participation in IFF’s Charter Schools Capital Program. The U.S. Department of Education has awarded IFF a $10 million grant through its Credit Enhancement for Charter School Facilities Grant Program to open access to tax-exempt bonds to finance charter school buildings. Charter schools with smaller capital, equipment or pre-development needs are encouraged to apply to the IFF Loan Program.

Contact: Jill Levine, Director of School Services, (312) 596-5108

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Thanks to the Helen Bader Foundation, the Greater Milwaukee Foundation, the Nonprofit Center of Milwaukee, Institute for the Transformation of Learning, Quest, Marquette University and the United Way of Racine County for the invitations IFF has received to facilitate information sessions about its below-market rate loan program. Through these opportunities, IFF has met with charter and independent schools, homeless assistance groups, 12-step clubs and many other nonprofit agencies. IFF’s next information session is Tuesday, November 13, at the Nonprofit Center of Milwaukee. Click here to download registration information from their web site.

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