Newsroom

Learn about the diverse areas in which we collaborate with our customers and investors to improve the lives of people in low-income communities across the Midwest.

2017*2016*2015*2014*2013

2017

Historic Illinois hospital comes back as affordable housing
Affordable Housing Finance, 2/21/2017

CDF/IFF nonprofit loan program leads to community reinvestment
Soapbox Cincinnati, 2/21/2017

L-Evated Chicago awarded $1M to promote equitable investments
Chicago Community Trust Press Release, 2/15/2017

Findlay Market partners help entrepreneurs forge community through food
Soapbox Cincinnati, 2/7/2017

New Center redevelopment to house artists, new restaurant, Wilson foundation HQ
Crain's Detroit Business, 1/27/2017

In Kansas City, a lesson in transforming closed schools
The Chicago Reporter, 1/24/2017

Running Rebels Getting Second Location
CBS Milwaukee, 1/11/2017

Group serving at-risk youth expanding programs after buying Capitol drive building
Milwaukee Business Journal, 1/3/2017

Community Warehouse to open North Ave. store
Milwaukee Journal Sentinel, 1/3/2017

Nonprofit Community Warehouse buys Bronzeville building for new store
Milwaukee Business Journal, 1/1/2017

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2016

Midwest Lender Provides Stability for Nonprofits Facing Rising Rents
Next City, 12/20/2016

Q & A: Monica Duncan, Director of Early Childhood Services, IFF
The Kresge Foundation , 12/16/2016

Flagstar Strand Theatre in Pontiac to open next month after $20 million renovation
Crain's Detroit Business, 12/14/2016

Kresge Foundation commits $1 million to help expand child chare facilities program in Detroit
Crain's Detroit Business, 12/12/2016

Midwest Lender IFF Awarded $80 Million in Federal New Markets Tax Credits
IFF Press Release, 12/6/2016

Private Capital Raised Through IFF's Investor Consortium Exceeds $240 Million
IFF Press Release, 11/30/2016

Community Leaders Break Ground on Urban Sprouts Child Development Center
IFF Press Release, 11/29/2016

'Teachers Village' Development Proposed For Former Von Humboldt Elementary
DNAinfo Chicago, 11/4/2016

Columbus nonprofit plans shipping container apartments as low-income housing
The Columbus Dispatch, 10/26/2016

New Mariano's in Bronzeville sells for $34 million
Crain's Chicago Business, 10/26/2016

Shipping containers as low-income housing? Check out the Cargominiums coming to Columbus
Columbus Business Journal, 10/25/2016

Chicago to Direct $100 Million to Neighborhoods
Next City, 10/18/2016

LaSalle Arts and Media Center Project
The Collinwood Observer, 10/3/2016

YWCA building set to open doors after renovations
Grand Rapids Business Journal, 9/30/2016

Conversion of former Lena's to Save-A-Lot to start soon; lender eyes more grocery projects
Milwaukee Business Journal, 9/29/2016

IFF Awarded $3 Million From Healthy Food Financing Initiative
IFF Press Release, 9/28/2016

Nonprofit Lender IFF Receives $2.8 Million From U.S. Capital Magnet Fund
IFF Press Release, 9/23/2016

IFF Closes on 15th Investor Consortium Note Sale
IFF Press Release, 9/20/2016

Competition for school kids heats up across Indy
Indianapolis Business Journal, 9/17/2016

Join Guest House of Milwaukee to Celebrate Completion of its $2.6M Renovation and Expansion Project
Guest House of Milwaukee Press Release, 9/13/2016

Two Examples of Mental Health Clinics in Chicago that Serve LMI Communities
Federal Reserve Bank of Chicago Blog, 9/6/2016

Mayor Emanuel and Alderman Dowell Launch Construction on XS Tennis World-Class Facility in Washington Park Community
City of Chicago Press Release, 8/25/2016

NMTCs, HTCs Revitalize Historic Market District
Novogradac Journal of Tax Cr, 8/1/2016

Mayor Emanuel, City Officials, Community Members Celebrate Opening of New Arts and Recreation Center in Ellis Park
City of Chicago Press Release, 7/9/2016

U.S. Department of Education Awards Grants to Help Public Charter Schools Obtain Facilities
Office of Innovation & Improvement Press Release, 7/5/2016

IFF Releases New Data and Tools to Improve Indianapolis Education Landscape
IFF Press Release, 6/21/2016

Lakeview Pantry's New Home Is Now Open, And It Is Gorgeous
DNAinfo, 6/21/2016

Near West Side Partners picking up interest in grocery store development
Milwaukee Business Journal, 6/19/2016

IFF Reaches $100 Million Milestone in Wisconsin
IFF Press Release, 6/14/2016

WHEDA and IFF agree to co-lend on affordable housing projects
WHEDA Press Release, 6/8/2016

IFF Awards Grants to Detroit Child Care Providers Through Kresge Foundation Partnership
IFF Press Release, 6/2/2016

Where Credit Is Due: HFAs have found creative ways to magnify the impact of low-income housing tax credits
Affordable Housing Finance, 6/2/2016

Child-parent centers boast strong results for kids, investors
Catalyst Chicago, 5/13/2016

Evaluation for Kindergarten Readiness in Five Child-Parent Centers: Report for 2014-15
IFF Chicago Social Impact Bond Fact Sheet and Report, 5/13/2016

Investors earn max initial payment from Chicago’s ‘social impact bond’
Catalyst Chicago, 5/13/2016

MacArthur, Chicago Community Trust create low-interest loan program for nonprofits
Crain's Chicago Business, 4/25/2016

IFF’s Investor Consortium Surpasses $200 Million in Capital Raised
IFF Press Release, 4/19/2016

Illinois Housing Development Authority Awards Federal Tax Credits to Finance Affordable Housing Statewide Including IFF's Home First
Illinois Housing Development Authority Press Release, 4/19/2016

Work Begins on $20M Strand Theatre Renovations in Pontiac
DBusiness, 4/13/2016

Construction begins on $20 million Strand Theatre project
Crain's Detroit Business, 4/13/2016

Minnesota Comeback is doling out more than $2.7 million in education grants. So who, exactly, is Minnesota Comeback?
MinnPost, 4/8/2016

Citizens of the World charter school in midtown finds a building on Broadway
Kansas City Star, 3/31/2016

New charter school to open in Midtown
KSHB- 41 Action News, 3/31/2016

New charter school will lease Midtown facility
Kansas City Business Journal, 3/31/2016

Charter school announces location at Broadway and Armour
Midtown KC Post, 3/31/2016

$400,000 state grant to help RecoveryPark through first-phase financing
Crain's Detroit Business, 3/22/2016

New duplexes breathe fresh life into Peoria's East Bluff
Peoria Journal Star, 3/15/2016

Home First’s Access Peoria Development Celebrates Grand Opening
Access Peoria Partners Press Release, 3/10/2016

Small Business Investing Gets a Boost in Midwest Cities
Next City, 3/7/2016

Child Care Leader Joins IFF’s Detroit Office to Manage Early Education Services Work Throughout Michigan
IFF Press Release, 3/2/2016

Nonprofit lender names new director for Ohio
The Columbus Dispatch, 2/29/2016

IFF Opens New Ohio Office in Columbus with Tara Campbell as Director of Lending
IFF Press Release, 2/16/2016

New markets tax credits finance construction of nation's most comprehensive family peace center
Sojourner Family Peace Center Press Release, 2/4/2016

The Charter School Lenders
Shelterforce, 2/4/2016

Fresh food fund helps open grocery store in Waukegan 'food desert'
Lake County News-Sun, 1/25/2016

Home First Illinois creates accessible, affordable housing in Chicago
ABC 7 Chicago, 1/17/2016

Kresge Foundation plans $20 million effort to boost children
The Daily Tribune, 1/8/2016

Kresge Launches $20 Million Early Childhood Development Initiative
Philanthropy News Digest, 1/8/2016

IFF Study Finds Most Detroit Children Lack Access to Early Childhood Care
IFF Press Release, 1/7/2016

IFF Study Finds One-third of Children in Macomb, Oakland and Out Wayne Counties Lack Access to Early Childhood Care
IFF Press Release, 1/7/2016

Kresge aims $20M for early childhood development effort
The Detroit News, 1/7/2016

Kresge Foundation Kicks Off $20 Million, 5-Year Initiative To Improve Early Childhood Outcomes In Detroit
CBS Detroit, 1/7/2016

Kresge Foundation introduces $20 million initiative to improve early childhood outcomes
The Kresge Foundation Press Release, 1/7/2016

Kresge Foundation launches $20 million early childhood development program in Detroit
Crain's Detroit Business, 1/7/2016

IFF's Housing Program for People with Disabilities Wins $1.4 Million in Funds
IFF Press Release, 1/6/2016

Global Finance Executive Joins Midwest Lender IFF’s Management
IFF Press Release, 1/6/2016

Kresge kicks off $20-million early childhood initiative
Detroit Free Press, 1/6/2016

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2015

Tools (lessons and strategies) Toward Market Restoration: A conference summary
Profitwise News and Views, 12/21/2015

Hogsett taps former Lt. Gov. Davis as 'city systems engineer'
Indianapolis Business Journal, 12/17/2015

St. John Bosco renovating, expanding children’s residential center
Belleville News-Democrat, 12/16/2015

The Next Chapter: Mills, schools, and other structures are finding new use as affordable housing
Affordable Housing Finance, 11/25/2015

Nonprofit IFF’s Veteran Staff to Lead Milwaukee, Minneapolis Real Estate Services
IFF Press Release, 11/19/2015

Trinity Health to invest $80 million to improve health in six communities
Modern Healthcare, 11/19/2015

Capital Impact Partners Marks Third Quarter with First Loan Closing Under CDFI Bond Guarantee Program
Capital Impact Partners Press Release, 11/9/2015

IFF Helps Michigan Nonprofits Through Over $25 Million in Loans Since 2014
IFF Press Release, 11/9/2015

Take A Look Inside The Beautiful New Retail Space For Will Leather Goods
Daily Detroit, 11/3/2015

Chicago Community Development Leader Joins Nonprofit IFF’s Management
IFF Press Release, 11/2/2015

IFF: A Leading Community Development Financial Institution Expanding Its Market Reach across the Midwest
Profitwise News and Views, 11/2/2015

Detroit Nonprofit Wins National Grant to Help City’s Most Impoverished Communities
Opportunity Finance Network Press Release, 10/27/2015

Strand Theatre project gets $4.5 million state loan for $20 million renovation
Detroit Crain's Business, 10/27/2015

Susana Vasquez leaves one nonprofit for another
Crain's Chicago Business, 10/14/2015

IFF’s Minneapolis Report Helps Education Stakeholders Direct Resources
IFF Press Release, 9/29/2015

Spotlight On: IFF
Opportunity Finance Network Newsletter, 9/24/2015

Detroit spotlighted for Opportunity Finance Network
Detroit Free Press, 9/21/2015

Detroit Coalition Releases Guide To Help Developers Identify Community Development Financing Resources
Real Estate Rama, 9/16/2015

8 From the Eighth: Engaging CDFIs in Pay for Success
Federal Reserve Bank of St. Louis Podcast, 9/11/2015

Detroit Coalition Releases Guide to Help Community Identify Local Resources
Detroit CDFI Coalition Press Release, 9/11/2015

Hellmann Creative Center: ‘Sawing the First Piece of Lumber to Go Back Into Hellmann’ Groundbreaking Event
Center for Great Neighborhoods of Covington Press Release, 9/3/2015

IFF Reaches $50 Million in Loans in St. Louis, Celebrates Milestone with Open House
IFF Press Release, 9/2/2015

IFF Opens Its First Save-A-Lot
Progressive Grocer, 9/2/2015

Dedication ceremony held at Eagle's Nest Academy in Flint
ABC 12 WJRT, 8/31/2015

Lender to nonprofits has invested $71 million
St. Louis Business Journal, 8/28/2015

Rockford's Ellis Heights' Save-A-Lot store ends food desert
Rockford Register Star, 8/27/2015

Rockford's Save-A-Lot Store Opening Part of $10 Million Illinois Fund That Yields $36 Million in Total Investment
IFF Press Release, 8/26/2015

Private Capital Raised by IFF’s Investor Consortium Reaches Nearly $200 Million
IFF Press Release, 8/24/2015

Nonprofit Finance: Preparing for the 'New Normal'
MB Financial Bank Insights, 8/12/2015

IFF hires Edgar Velazquez as senior project manager of Real Estate Services
Nonprofit Connect Press Release, 8/10/2015

Lakeview Pantry Holds Groundbreaking Celebration for New Building at 3945 N. Sheridan Road
Lakeview Pantry Press Release, 8/6/2015

North West Housing Partnership Celebrates 25 Years Supporting the American Dream
The Daily Herald, 7/30/2015

Chicago school board approves building sales, more borrowing
WBEZ 91.5, 7/22/2015

Chicago Board of Education Approves the Sale of Three Former School Sites For $8.5 Million
CPS Press Release, 7/22/2015

Chicago Planning and Development Leader Joins IFF as VP of Real Estate Services
IFF Press Release, 7/21/2015

Our View: Save-A-Lot marks historic return of a grocery to West End in Rockford
Rockford Register Star, 7/18/2015

New Director of Lending Hired at IFF for Wisconsin, Iowa
IFF Press Release, 7/7/2015

76 Organizations Receive NMTCs
Affordable Housing Finance, 6/15/2015

Midwest Nonprofit Lender IFF Receives $50 Million in New Markets Tax Credits
IFF Press Release, 6/15/2015

Co-Working Space for Non-Profits Aims to Stamp Out City's Reading Problem
DNAinfo, 6/12/2015

The Country's First Literacy-Focused Coworking Space Just Opened in the West Loop
ChicagoInno, 6/10/2015

Here to Stay: New Approaches to Community-Based Supportive Housing
Rooflines, 6/2/2015

NMTCs Bring Domestic Violence Relief Services Under One Roof
Novogradac Journal of Tax Credits, 6/1/2015

Literacenter Hosts Grand Opening for First-in-the Nation Collaborative Work Space for Literacy Groups
Chicago Literacy Alliance Press Release, 5/29/2015

Midtown boom starts to shake up New Center
Crain's Detroit Business, 5/24/2015

HPN Members Help to End Veteran Homelessness
Housing Partnership Network Press Release, 5/20/2015

Banks Buy $17 Million in Notes Backed by IFF Loans to Midwest Nonprofits
IFF Press Release, 5/14/2015

Rivoli theater renovation would help spur arts hub
Indianapolis Business Journal, 5/9/2015

How parents can cope with the child care waiting list
My Web Times, 5/7/2015

Policy Response to Olmstead: Opportunities and Challenges for Nonprofit Housing Providers
Housing Partnership Network, 5/7/2015

States Open New Doors to Healthy Access Access
Capitol Ideas magazine, 5/1/2015

Cleveland Report Identifies Priority Neighborhoods for City’s School Plan
IFF Press Release, 4/28/2015

Cincinnati Development Fund adds nonprofit loan program to redevelopment efforts
Soapbox Cincinnati, 4/14/2015

BRICK Ceramic + Design Studio to Fire Up in Waterloo Arts District!
BRICK Ceramic + Design Studio Press Release, 4/8/2015

Goldmann's renovation set to begin next month with funding from WHEDA, U.S. Bank
Milwaukee Business Journal, 3/29/2015

Ald. Moreno says Humboldt Park needs new school in building that housed 2 closed schools
Chicago Sun-Times, 3/17/2015

Rockford's Ellis Heights Save-A-Lot to be a health oasis in a food desert
Rockford Register Star, 3/7/2015

Save-A-Lot fills grocery void on Rockford's southeast sider
Rockford Register Star, 2/26/2015

N-G Exclusive: Rauner to appoint 2 Alumni Association board members as UI trustees
The News-Gazette, 2/23/2015

St. Louis Schools Guide 2015: Seeking Solutions
St. Louis Magazine, 2/20/2015

Greater Milwaukee Foundation invests $3.2 million in range of community causes
BizTimes.com, 2/13/2015

Caritas buys Belleville building to expand social services
St. Louis Business Journal, 2/11/2015

Deaconess Loans $250,000 to IFF for Projects Serving Families
IFF Press Release, 1/27/2015

Capital Magnet Fund: A Smart Solution for Affordable Housing
Investing in What Works for America's Communities, 1/27/2015

Capital Magnet Fund creates 'bang for the buck' in affordable housing
The Hill, 1/27/2015

Planners hope to bring oasis to KC's food desert
KMBC.com, 1/14/2015

New Executive Director Hired at Nonprofit Lender IFF
IFF Press Release, 1/14/2015

Fannie Mae and Freddie Mac to Fork Over Cash That Keeps on Giving
Next City, 1/14/2015

What is the Capital Magnet Fund?
Affordable Housing Finance, 1/12/2015

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2014

Community groups applaud Fannie, Freddie funding Capital Magnet Fund
HousingWire, 12/12/2014

Federal Housing Finance Agency Reinstates Funding for Capital Magnet Fund
IFF Press Release, 12/12/2014

Ground is broken for Save-A-Lot property on Rockford's west side
WREX Channel 13, 12/4/2014

Engaging Local Communities to Improve Healthy Eating
Living Cities, 11/26/2014

IFF: Building capacity through scale and integration
Brookings Institution, 11/18/2014

Nonprofit Lender IFF's Investor Consortium Surpasses $150 Million
IFF Press Release, 11/17/2014

Nonprofit Lender Hires New Vice President for Loan Program Growth
IFF Press Release, 11/3/2014

Caritas Family Solutions Invests in the Community
Caritas Family Solutions Press Release, 10/31/2014

Federal Home Loan Bank of Chicago Names IFF Community First™ Fund Partner; IFF Receives $10 Million, 10-Year Loan
Federal Home Loan Bank of Chicago Press Release, 10/27/2014

Community First® Fund Growing Strong Communities: IFF
IFF Partnership Piece, 10/27/2014

Illinois Department of Commerce and Economic Opportunity’s IKE Program Welcomes New Homeowner to South Suburban Cook County
Neighborhood Housing Services of Chicago Press Release, 10/27/2014

Perkins Coie Closes on $200M U.S. Treasury Guaranteed Bond Issue
Multihousing News, 10/14/2014

Community Reinvestment Fund, USA, Issues $200 Million in Federally Guaranteed Bonds
CRF, USA, Press Release, 10/14/2014

Chicago Turns to Social Bond for Pre-K Expansion
The Bond Buyer, 10/8/2014

Mayor Emanuel Announces Expansion of Pre-K to More Than 2,600 Chicago Public Schoolchildren
City of Chicago Press Release, 10/7/2014

Preschool expansion via 'social impact' bonds
Catalyst Chicago, 10/7/2014

Emanuel to issue bond money to expand pre-K
Chicago Tribune, 10/7/2014

Pritzker-led group sinks $16.9 million into pre-K for poor Chicago kids
Crain's Chicago Business, 10/7/2014

Treasury Guarantees Additional $200 Million in Bond Funding for Nationwide Community and Economic Development Projects
CDFI Fund Press Release, 10/2/2014

Sojourner's 'Model' Family Justice Center Breaks Ground in Milwaukee
IFF Press Release, 9/30/2014

Missouri Charter School Commission Begins To Take Shape
St. Louis Public Radio, 9/30/2014

How banks and developers are overcoming feds’ snub to keep key projects going
Cincinnati Business Courier, 9/25/2014

Save-A-Lot store not IFF’s first Rockford project
Rockford Register Star, 9/13/2014

In St. Louis, Parents Go Digital To Make Sense Of School Choice
St. Louis Public Radio, 9/10/2014

City Claims Funding Save-A-Lot with TIF Money Not a Risky Investment
Fox 39 WQRF, 8/26/2014

PAVE Tops $100 Million in School Expansion Projects
PAVE Press Release, 8/22/2014

OpEd: City, MPS decision harms poor students
Milwaukee Journal Sentinel, 8/14/2014

Neglected Indiana Industrial Sites Transformed Into Affordable Housing
Affordable Housing Finance, 8/13/2014

Why Detroit May Be on the Edge of a Miracle
Ozy.com, 8/12/2014

Rockford aldermen approve west-side grocery
Rockford Register Star, 8/4/2014

Village Leadership Academy proposes $40 million relocation to Illinois Medical District
Crain's Chicago Business, 7/31/2014

Editorial: Good news on St. Louis schools' enrollment
St. Louis Post-Dispatch, 7/30/2014

New grocery store possible for west Rockford
Rockford Register Star, 7/29/2014

IFF Gets $43M in New Markets Tax Credits
GlobeSt.com, 7/10/2014

Enrollment, performance up in St. Louis district and charter schools
St. Louis Post-Dispatch, 6/27/2014

Nonprofit Lender IFF Receives $43 Million in New Markets Tax Credit Allocation
IFF Press Release, 6/9/2014

Notre Dame Schools of Milwaukee Announces School Building Acquisition
Notre Dame Schools Press Release, 6/5/2014

New health center will serve Milwaukee's underserved
BizTimes.com, 5/26/2014

International market settles in to Des Moines
Supermarket News, 5/19/2014

Loan fund opens for nonprofit capital improvements
Cincinnati.com, 3/17/2014

CDFI Industry Pledges $1 Billion Annually to Support the Goals of President Obama’s ‘My Brother’s Keeper’
Opportunity Finance Network, 3/6/2014

Community Development Financial Institutions 20th Anniversary Report
CDFI Coalition Report, 3/5/2014

Innovative New Initiative from JPMorgan Chase to Catalyze Investment in Low- and Moderate-Income Communities
BusinessWire, 1/29/2014

Fields Foods to open Saturday near Lafayette Square
St. Louis Business Journal, 1/2/2014

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2013

Local investors help fund $7.7 million, mixed-use Downtown Waunakee apartment project
Wisconsin State Journal, 12/21/2013

Midwest’s Top-Rated Community Development Financial Institution, IFF, Hires First COO, Matthew Roth
IFF Press Release, 11/11/2013

Tax Reform Must Not Impede Education Reform
The Hill, 11/8/2013

From At-Risk Youth to Homeless Adults and Families, Leading CDFI IFF is Helping to Create New Beginnings
IFF Press Release, 10/24/2013

Expanding the Geographic Reach of Community Investment: The IFF Case Study
Living Cities, 10/10/2013

Debate flares up again over Milwaukee Public Schools' empty buildings
Milwaukee Journal Sentinel, 10/9/2013

School House Rocked: A New Charter School Wants Your Kids
Indianapolis Monthly, 8/2/2013

IFF Now Lending to Grocers in High Need Areas Across the Midwest
The Shelby Report, 7/31/2013

West Cook County Housing Collaborative Wins 2013 Urban Land Institute Vision Award
IFF Press Release, 6/25/2013

Leading Nonprofit CDFI IFF Will Oversee Completion of UNO Soccer Academy Charter High School
IFF Press Release, 5/28/2013

IFF CEO Joe Neri Speaks about Confronting Suburban Poverty in America
Brookings Institution, 5/20/2013

IFF: A Scaled Model for Community Development
Confronting Suburban Poverty in America Case Study, 5/20/2013

Maximizing Impact, Minimizing Costs: Quad Cities’ Community Health Center Setting Model for Delivering Quality Care to Uninsured
IFF Press Release, 4/29/2013

Numerous Milwaukee neighborhoods are Hungry for Healthy Food. Could Food Hubs Help Food Deserts Bloom?
Graze Magazine, Outpost Natural Foods, 4/1/2013

Federal Initiative Brings Healthy Fare to Food Deserts
Community Dividend: Federal Reserve Bank of Minneapolis, 4/1/2013

Study: Half of county's students in 'high-quality' schools
Indianapolis Business Journal, 3/13/2013

First-of-Its-Kind Study Identifying Indianapolis Neighborhoods Most in Need of High-Performing Schools Released by IFF
IFF Press Release, 3/13/2013

St. Louis' KIPP Charter School Closes Achievement Gap, Improves Fox Park Neighborhood -- Thanks to Low-Interest Loan
IFF Press Release, 2/17/2013

Iowa's First Healthy Foods Financing Initiative Funded Grocery Store Opens in Des Moines
IFF Press Release, 1/31/2013

Financing helps area non-profits to grow
St. Louis American, 1/10/2013

NONPROFITS: Key sector preps for a tough year
Crain's Chicago Business, 1/7/2013

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