IFF provides below-market capital financing for nonprofit corporations that serve low-income or special-needs populations, in order to acquire, renovate, maintain, or improve facilities – as well as finance equipment and vehicles.
IFF's Loan Program is accessible and flexible, a loan officer will work with you to find a solution that works best for your organization.
Loan Products
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Project Uses
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Loan Amount |
Facility Loan
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Capital projects, including:
- Acquisition
- Construction
- Renovation/rehabilitation
- Leasehold improvements
- Refinancing to expand programming
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$10,000 to $1.5 million
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Facility Improvement Loan
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Maintenance and improvements, such as:
- Roof repair
- New windows
- Building/ADA code repairs
- HVAC system
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Starting at $10,000
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Equipment or Vehicle Loan
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Capitalized equipment purchases, such as:
- Computer hardware and software
- Furnishings
- Medical equipment
- Service-oriented vehicles
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Starting at $10,000
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Special Financing Programs
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Schools
Nonprofit private, independent, and charter schools can benefit from IFF's products and services created specifically for schools, including:
- Lending
Below-market rate financing
for acquisition or renovation of school facilities (for projects ranging from $10,000 to $1.5 million).
- Charter School Credit Enhancement Services
Through grants from the U.S. Department of Education, IFF is able to offer credit enhancement of bonds
and investor pools (for projects over $1.5 million).
- Financing Packaging
Financial packaging services including identifying and coordinating with other financial institutions and funding programs.
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Housing
Nonprofit development organizations or sponsor agencies benefit from IFF's Affordable Housing Loan Program.
Financing is available for predevelopment (up to $500,000), construction (up to $1.5 million), and permanent (up to $1.5 million) project phases.
Types of developments eligible for financing include:
- Multi-family and single-family developments
- Affordable assisted living
- Independent senior housing
- Supportive housing
For the IFF Affordable Housing Loan Program Term Sheets, please click here. |
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Energy Efficiency
All nonprofits can benefit from integrating "green" design and construction techniques into their renovation/retrofit or new construction facilities projects.
IFF's affordable, flexible energy efficiency financing ranging from $10,000 to $1.5 million is available for a wide range of projects, including:
- Energy efficient lighting systems
- New or upgraded HVAC systems, from boilers to geothermal technology
- Building envelope projects, such as insulation/window upgrades, or cool roofing techniques
- Facility projects seeking green building ratings such as LEEDTM or Energy Star®
- Energy Star-rated appliances or computers
- Implementation of Energy Cost Reduction Measures identified in energy audits
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To download a print-ready overview of IFF’s Loan Program, please click here.
Please click here to apply for a loan, or call IFF toll-free at 866 629 0060 to speak with a loan officer or email us.
