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IFF
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Program
web site |
http://www.iff.org/
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| Sponsor |
IFF |
| Deadlines |
Applications accepted on an ongoing basis |
| Purpose |
IFF makes below-market loans to nonprofit corporations located in or serving low-income communities and special needs groups. In accordance with its mission, IFF works with organizations that may lack access to other types of financing in order to help deserving nonprofits move forward with their own missions. IFF makes loans for maintenance and improvements, equipment, facility acquisition or renovation, new construction and, in some cases, for working capital needs and pre-development expenses. The loans will cover all related costs in most cases. IFF also makes loans for projects that are designed to increase or diversify earned revenue.
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| Eligibility |
Must be a non-profit, must have a specific project, must serve low-income communities or clients. Please see website for further information. |
Geographic
coverage |
Iowa, Illinois, Indiana, Missouri, Wisconsin |
Amount of
funding |
A range of loan products is available |
Application
process |
The seven-member Loan Committee of IFF's Board of Directors meets monthly and an Internal Credit Committee, with the authority to approve smaller loan amounts, meets bi-weekly. The time from application to loan approval depends on information provided by you and by the readiness of your project.
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For more information contact:
For further information, please call 1-866-629-0060 or e-mail general@iff.org.
Summaries of funding programs are provided by RAC for your convenience. Please contact the funder directly for the most complete and current information. |
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