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.