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 Iowa

Since 2006, our loans have helped nonprofits across Iowa and in the Quad Cities access affordable capital. Today, out of our Davenport office, Senior Loan Officer Steve Landry continues to bring IFF’s below-market rate, flexible lending to nonprofits across the state, including child care centers, community development facilities, affordable housing developments, and health care clinics. IFF provides loans up to $1.5 million for real estate acquisition, renovation, and construction. Loans as small as $10,000 are available to purchase equipment or vehicles, complete facility repairs, undertake maintenance, or for energy efficiency upgrades.

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

	Greenway of Burlington, Burlington Greenway of Burlington is a 134-unit development serving low-income families in Burlington, Iowa. The buildings were originally constructed in the 1940's to house ammunition factory workers. IFF provided a $400,000 predevelopment loan to Greenway as they undertake a major rehabilitation project. IFF's affordable housing lending provides nonprofit developers and their for-profit partners with affordable, flexible financing up to $500,000 for predevelopment costs, as well as up to $1.5 million for construction and/or permanent loans.
	Greater Des Moines Habitat for Humanity, Des Moines Greater Des Moines Habitat for Humanity constructs homes in partnership with families earning 30-50 percent of Median Family Income, and sells new and gently-used home improvement materials to the public at discount prices via its Habitat ReStore retail outlet. IFF provided a $1.5 million loan that helped Greater Des Moines Habitat for Humanity acquire and renovate their new facility, originally built for a building materials business. The new facility houses retail, construction, and office space. Over the next five years, the acquisition, retrofit and renovation are intended to support an 80 percent increase in Habitat operations, 200 percent growth in neighborhood revitalization efforts, and 30 percent growth in homeownership units developed.

 Iowa-Area Borrowers 

• Bethany for Children & Families
  
• Big Brothers Big Sisters of the Mississippi Valley
• Center for Active Seniors
• Center for Alcohol and Drug Services, Inc.
• Community Health Care, Inc.
• East Moline Citizens for a Community Center -
  Aldridge Child Development Center
  
• Family Resources, Inc.
• Greater Des Moines Habitat for Humanity
• Greenway of Burlington
  
• Habitat for Humanity of the Quad Cities
• Individual Advocacy Group, Inc.
  
• Neighborhood Housing Services of Davenport, Inc.
• The Project of the Quad Cities 

View all Borrowers

Contact

To learn more about our work in Iowa or to discuss our services, please contact Steve Andry at 563 323 0885.

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