iff - opportunity finance · 2016. 1. 5. · iff is a mission-driven lender, real estate...

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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 E: [email protected] Contact Opportunity Finance Network Member Profile We Believe In Opportunity. For All. OFN.ORG

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Page 1: IFF - Opportunity finance · 2016. 1. 5. · IFF is a mission-driven lender, real estate consultant, and developer that helps Midwestern communities thrive by creating opportunities

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

E: [email protected]

Contact

Opportunity Finance Network Member Profile

We Believe In Opportunity. For All. OFN.ORG