iff - opportunity finance · 2016. 1. 5. · iff is a mission-driven lender, real estate...
TRANSCRIPT
IFF is a mission-driven lender, real estate consultant, and developer that helps Midwestern
communities thrive by creating opportunities for low-income populations and individuals with
disabilities. For more than 25 years, IFF has been a trusted partner to nonprofits in every
sector, including child care, education, health care, healthy food access, and housing—helping
them finance, plan, and build facilities critical to their mission and success. IFF also leads
comprehensive community development initiatives in low-income communities and conducts
research studies to guide the allocation of resources by government and foundations. IFF’s region
includes Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Ohio, and Wisconsin.
IFF www.iff.org
Success Story: Inspiration Corporation, Chicago, IL
Inspiration Corporation asked IFF for an acquisition and construction loan for its fourth site, where
meals for the homeless and food services training are provided. Already a two-time loan customer,
IFF provided them with a loan to develop Inspiration Kitchens, a restaurant, catering, and job training
facility on Chicago’s west side that will serve meals to an estimated 3,500 low-income families, train
100 people for jobs, and create 12 full-time jobs.
Financial and Social Impact
n Loans made: 1,190 totaling $506.9 million
n RES projects: 637
n Capital leveraged: $1.6 billion
n Jobs created or retained: 58,931
n Renovated or constructed space through
financing: 15.8 million
n Square feet developed through RES: 2 million
333 South Wabash Ave., Ste. 2800
Chicago, Il 60604
P: 866.629.0060
F: 312.629.0061
Contact
Opportunity Finance Network Member Profile
We Believe In Opportunity. For All. OFN.ORG