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Causes: Nonprofit Management
Mission: Iff strengthens nonprofits and the communities they serve by providing leadership, capital, and real estate solutions. - leadership reflects our research, policy, sector work, and convening role- capital includes a range of financial products: loans, new markets tax credits, equity, and pay for success- real estate solutions includes a range of consultant services, development, and ownership
Programs: Capital solutions: this program makes below market loans to nonprofit agencies. Since 1990, the total loan volume reached $795. 3 million which includes 1,586 loans closed that has leveraged over $2. 55 billion in capital. Since 1990, these loans have assisted with the renovation or construction of 21 million square feet and created 6,133 child care slots, 47,801 student seats, 277,116 new patients/visits at health care clinics, 8,956 affordable and supportive/special needs housing units, and 2,541 beds. In addition, the loans have helped to employ 69,170 full time equivalents and over 6. 4 million clients have been served by these borrowers.
real estate services program: this program helps nonprofits make better real estate and space decisions to support growth planning, program changes, and financial and organizational capacity. The goals and objectives of each nonprofit client determine iff's scope of consulting services, from advising on real estate strategies to solving specific need for additional or new space. Clients choose from a comprehensive menu of fully integrated services based on a proposal tailored to specific needs, all at below-market fees. Services provided include feasibility assessments, facility assessments, strategic facility plans, site search and due diligence, and owner's representative services. This program also initiates, coordinates, develops, and owns real estate projects that respond to community needs, create jobs, and transforms low-income communities in the midwest. It acquires, owns, and manages community-integrated housing for low-income disabled adults, and redeveloping foreclosed properties near public transit into affordable homes and apartments. Since 1997, 954 projects have been worked on in this program and has funded the renovations or construction of 3. 3 million square feet of real estate developed. In addition, this program has created 4,543 child care slots, 11,417 charter school seats, 78,296 new patients/visits at health care clinics, and developed 381 housing units.
community development initiatives: iff has worked to strengthen nonprofits and their communities through our expertise in finance, real estate planning and development, and research. Iff will work with local and state government, nonprofit agencies, foundations, and other community groups to help achieve their community development goals by assessing community conditions by analyzing demographic data and trends, inventorying existing community assets and identifying gaps. Iff also evaluates housing, human services, education, health care, investments, and job environments to provide a community conditions analysis which helps guide stakeholders to develop strategic plans and to prioritize investments. Iff will develop solutions with conceptual projects and programs with strategic partners and facilitate community partnerships by bringing relevant parties together by facilitating partnerships with strategic stakeholders and potential collaborators. Through this work, iff has helped address a broad range of community needs - from health care, education, housing, child care, healthy food access, and job training.