One of America's leading nonprofit community development financial institutions (CDFI), IFF strengthens nonprofits and their communities through affordable, flexible lending. We serve nonprofits in Illinois, Indiana, Iowa, Missouri, and Wisconsin, with a focus on those that serve low-income communities and special needs populations. Founded in 1988, IFF has been a trusted partner to nonprofits in every sector, including health care, education, and affordable housing.

Responding to the Needs of Nonprofits Across Indiana

Since 2007, IFF has helped nonprofits from Gary to Evansville obtain critical and affordable financing for construction projects, property purchases, equipment and more.

IFF's recent survey of Indianapolis nonprofits found that many local agencies are in need of facilities that better meet their space and quality needs.

FF's loan products provide solutions to Indiana nonprofits' facility needs and can strategically and responsibly improve your agency's operations while building your net assets. A few highlights of the Indiana agencies we have been proud to work with are below.

	Madison County Community Health Center, Anderson, Indiana IFF provided Madison County Community Health Center in Anderson, Indiana with a $600,000 loan to purchase medical equipment for its new medical and dental wing. The new addition will allow for 19 more medical exam rooms, nine new dental operatories, and add optical, behavioral health, and preventive care education services. The agency serves over 6,600 clients annually, 56 percent of whom come from low-income households. The expansion will not only provide an up-to-date, adequately sized facility, but during this time of challenging recruitment efforts, it will present a desirable location for doctors to practice.
	The Project School, Indianapolis, Indiana A small group of public school educators and reformers founded The Project School, a charter school with a project-based curriculum connecting students to issues in their local and global communities. The Project School opened in the fall of 2008 with a campus in Indianapolis, and opened a second campus the following year in Bloomington. Together the two schools serve over 450 students in grades K-7, with more than half of these students living in low-income communities. In Indianapolis, the campus is part of the National Design Factory complex located on the site of a former auto plant with 260,000 square feet of space. The charter school is a key part of a redevelopment plan for the plant to create a live-work district to foster creative industries. IFF provided a $1.5 million loan to the school in September 2010 for a $3.7 million renovation. As a start-up charter school, The Project School could not have relied on traditional sources of financing for these two campuses. With IFF financing, both schools are on track with their renovation and expansion plans to reach more students.

Indiana Borrowers

• Anderson Preparatory Academy
• Bloomington Project School
• Brookside Apartments, LP
• Charter Schools Development Corporation
• Drexel Foundation for Educational Excellence, Inc/Thea Bowman Leadership Academy
• Duneland Charter School, Inc.
• East Chicago Lighthouse Facility
• ECHO Community Health Care
• Galileo Charter School
• Indiana Schools of Excellence, Inc.
• International School of Columbus
• Irvington Community School
• Lampion Center
• Madison County Community Health Center
• New Parkwoods II, LP
• New Parkwoods IV, LP
• Northtown Village, LP
• The Project School
• TCB Sherman Forest, LLC
  
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Contact

To learn more about our work in Indiana or to discuss our services, please call Steve Bricker at 866 629 0060.

Please click here to download a print-ready overview of IFF’s Indiana Loan Program.