Current PortfolioView Data
Our commitment to supporting the full range of nonprofits across the Midwest provides our investors with a well-secured and diversified loan portfolio. These graphs reflect the percent of dollars in IFF’s portfolio of loans — which, as of Dec. 31, 2019, included 743 loans worth $393.7 million.
Included in the figures on both these pages are loans made under our innovative New Markets Tax Credit Small Project Loan Pool, which brings the benefits of NMTC financing — low rates and 7-year, interest-only payments — to smaller nonprofit projects throughout the Midwest.
Financial PerformanceView Data
Ensuring a financially strong IFF is key to maximizing our ability to best deliver on our mission. 2019 was another excellent year in this regard, as evidenced by IFF once again earning a ****AAA+ rating from AERIS, positioning IFF as one of the handful of CDFIs in the country to merit this top rating for both impact and financial condition.
All charts reflect financial information for IFF standalone as of Dec. 31, 2019. The only exception is for Managed Assets and Managed Loans, which include the Assets/Loans that are managed by IFF but legally owned by its programmatic subsidiaries, NMTC-related entities, and the Foundation for Homan Square. IFF consolidated financial information is available at iff.org.
Community OutcomesView Data
IFF’s clients provide critical services to their communities — education, health care, housing, and more. Here are just a few numbers that reflect the scope of their work over time. This data is based on what IFF clients reported at the time of their loan application or during project construction. The numbers apply only to IFF Loans and do not include outcomes for projects that utilized IFF-deployed New Markets Tax Credits. Last updated: Dec. 31, 2019
27,800,000Square Feet Real Estate Developed
371,689New Patient Visits Enabled
54,489Student Slots Created
7,230Child Care Slots Created
12,393Housing Units Created / Preserved
Lending HighlightsView Data
Lending highlights focus on IFF loans, including those offered through our New Markets Tax Credits Small Project Fund. Last Updated: Dec. 31, 2019