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.
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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.
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Stonegate Early Collge High School, Indianapolis
Stonegate Early College High School (SECHS), a charter school in Indianapolis, lets students earn college credits at Ivy Tech Community College while they are still in high school, and pays for student tuition at the community college. It has the seventh highest graduation rate in the Indianapolis metro area at 85 percent.
In the summer of 2009, IFF provided SECHS with a $750,000 permanent financing loan to help it get started at a new facility. At its new location in Warren Township, SECHS is in close proximity to two K-8 charter schools whose students need a high school alternative. SECHS can now also serve students from the township’s struggling public high school. Read more about SECHS in the Indianapolis Star article “Teen gets Ivy Tech degree before high school graduation.”
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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
- Stonegate Early College High School
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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.
