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A New Tribal Facility in Rural Wisconsin Leverages New Markets Tax Credits to Transform Health and Wellness Services

Near the intersection of County Highways B and K in Sawyer County, WI, a gleaming new facility is rapidly taking shape, representing a $48.7 million investment in the future that will drastically improve access to quality health care in the rural community (population: 18,074). Being developed by the Lac Courte Oreilles Band of Lake Superior […]

New Markets Tax Credits: A Primer for Nonprofit Leaders

The federal government’s New Markets Tax Credits (NMTC) program was created in 2000 to incentivize community development and economic growth in under-resourced neighborhoods, offering nonprofits a powerful new financing tool designed to amplify the impact of mission-driven work. Put simply, the primary benefit of leveraging NMTCs to complete a large-scale nonprofit facility project is that […]

New markets tax credits make possible The Salvation Army’s new Chicago center

The Salvation Army is relocating its Freedom Center building from its home of 36 years on Chicago’s west side to a 6-acre site in West Humboldt Park. The 187,575-square-foot building also will serve over 22,000 residents in the campus’ Corps Community Center, which includes a food pantry, medical clinic, and youth recreation programs. The new facility […]

IFF receives its largest New Markets Tax Credits allocation from U.S. Treasury

IFF received its third and largest New Markets Tax Credits (NMTC) allocation in the amount of $43 million from the U.S. Treasury Department’s Community Development Financial Institution (CDFI) Fund. The allocation, announced last month, was part of $3.5 billion of tax credits awarded to 87 organizations nationwide for investment in low-income communities. Previously, in 2002 and 2011, IFF […]

It Takes a Village Family of Schools Celebrates Expansion to New Campus on Chicago’s South Side

Founded in 2004 to strengthen Chicago communities by providing access to high-quality, culturally responsive education and social services, It Takes a Village Family of Schools (ITAV) has devoted the last 20 years to nurturing future leaders with a social justice-focused educational model. Launched as an early childhood education (ECE) provider, ITAV has over time expanded […]

A New Community Hub Helps Cleveland’s Clark-Fulton Neighborhood Pivot Toward a Fresh Start

How does a community move forward when it becomes most known for a terrible event? In the Clark-Fulton neighborhood on Cleveland’s west side, one answer is the Pivot Center for Art, Dance, & Expression (Pivot Center) – an 81,000-square-foot industrial facility converted into a hub for nonprofit arts groups and social service organizations that are […]

Chicago’s Academy for Global Citizenship Anchors New State-of-the-Art Learning, Sustainability, and Wellness Hub Catered to Community Needs

At the corner of 44th Street and Laporte Avenue on Chicago’s southwest side, a rebirth is underway. On a six-acre site where a portion of the Chicago Housing Authority’s LeClaire Courts complex stood for more than 60 years, a new learning, sustainability, and wellness hub anchored by the K-8 Academy for Global Citizenship (AGC) is […]

Kranzberg Arts Foundation’s New 3333 Facility Provides a “Creative Sandbox” for St. Louis’ Arts Community

When Ken Kranzberg became the chair of St. Louis’ Grand Center Arts District in the early 2000s, he and his wife Nancy decided to find a modest space in the neighborhood to create a small entertainment venue where they could also display their personal art collection. Those plans changed, however, after Mayor Vince Schoemehl instead […]

Financial Literacy and Career Readiness Come to Life in Junior Achievement of Greater Kansas City’s New Facility

“After spending the day with us, the students say things like, ‘this is the best field trip we’ve ever had’ and ‘that was the coolest experience,’” remarks Junior Achievement of Greater Kansas City (JAKC) President & CEO Megan Sturges Stanfield. “I anticipated a positive response after we opened our new space, but it has far […]

Transformational New Facility Unlocks Potential for Early Childhood Learners in Kansas City

When the Emmanuel Family and Child Development Center broke ground on a 28,300-square-foot facility in 2018, the project was designed to provide more than 300 early childhood education (ECE) seats to local children as well as comprehensive support to families. The facility, located at 47th Street and Prospect Avenue in Kansas City, MO, was hailed as the […]

New YMCA in Kentucky’s west Louisville neighborhood reimagines public health through an equity lens

There is a west Louisville resident who says the same thing whenever she crosses paths with Steve Tarver, President/CEO of the YMCA of Greater Louisville: “I can’t wait until my Y opens.” Her description of the Y’s newest greater Louisville branch, the Republic Bank Foundation YMCA — a 77,000-square-foot facility that IFF helped finance — […]

Tax credits enable faith-based CDC to open “nonprofit mall” and game-changing community center in Lafayette, IN

Twelve years ago, Faith Church was on the verge of spending nearly $9 million on a new auditorium for its constituents in Lafayette, IN. As the church’s leadership team reviewed the final paperwork, someone asked what turned out to be a path-changing question: “Is it really the best use of this money to spend on […]

A Total Partnership: How IFF and Centers for New Horizons are planning for the future

Imagine if your nonprofit could have an extra $12,000 per month. What would you do with the extra cash – Give raises to your staff? Put it in the bank? Expand programs? Address long-awaited repairs? After refinancing its mortgage with IFF last year, these were very real questions for the Centers for New Horizons (CNH) […]

New early childhood education facility opens doors in Flint

A massive new early learning complex opened in Flint, MI, on Dec. 4 to serve 220 kids ranging in age from 2 months to 5 years. Parents, educators, and public officials seem to agree that the $15 million Educare Flint facility checks off all the boxes on their wish lists, and then some – small […]

New businesses opening at Cincinnati’s Market Square at Findlay Market throughout 2017

Since its opening in 1855, Findlay Market has grown to bring over 1.2 million visitors to Cincinnati’s Over-the-Rhine neighborhood annually. The rest of the community near the market, however, has struggled to keep up. With 56 percent of residents living in poverty and a 25 percent unemployment rate, Over-the-Rhine is searching for ways to revitalize its economy […]

IFF closes ‘New Markets’ deals to spur community development across Midwest

High-quality early education in Flint, MI; a new community center in Lafayette, IN; three new schools in Cleveland, OH; a primary health care facility in Louisville, KY; and a community center in Chicago, IL – What do these things have in common? They are all among the projects financed by IFF’s 2016 allocation of New […]

New food business incubator ‘hatches’ on Chicago’s west side

“The Hatchery,” Chicago’s latest food business incubator, is projected to bring more than 900 jobs to Chicago’s East Garfield Park neighborhood over the next five years, including 150 jobs in the first year. The project was announced at a special event with Chicago Mayor Rahm Emanuel on Tuesday, July 11. IFF played an essential early […]

IFF Staff News: Lieberman promoted to Senior Vice President for Capital Solutions; Johnson hired as Director of Lending in Indianapolis

IFF has promoted Dana Lieberman to Senior Vice President for Capital Solutions, a position that provides broad, executive-level oversight of the organization’s regional nonprofit financing program. She manages a team of 25+ professionals working in loan origination, portfolio management, and structured finance across IFF’s footprint in the Midwest. Ms. Lieberman joined IFF in 2012 as […]

New early education center provides only mixed-income, Reggio Emilia approach new St. Louis

Urban Sprouts Child Development Center doesn’t look like a typical daycare facility – and that’s because it’s not. “This is not daycare. This is education,” says Steve Stenger, the St. Louis County Executive, whose office is providing full scholarships for 70 students. “The statistics are startling for the difference this space will make in children’s lives.” […]

IFF’s Ohio footprint grows with new lending director

IFF has promoted Bryan Kieler to Director of Lending for Ohio, where IFF has closed on nearly $40 million in loans since beginning work there in 2014. Kieler previously worked for Columbus-based Huntington National Bank for 10+ years and has been a senior loan officer for IFF for 3 years. Under Kieler’s leadership, IFF financing […]

Profile: John Sassaris takes reigns as new IFF Board Chair

John Sassaris is Group President for Commercial Banking at MB Financial Bank. He is responsible for managing a group of teams that focus on building relationships with middle-market and privately held companies in the Midwest as well as nonprofit organizations in the Chicagoland area. He has served on IFF’s Board of Directors since 2013 and began […]

Suburban St. Louis early childhood center to break ground on new home

Urban Sprouts Child Development Center is working on big projects — both inside and outside of the classroom. While the suburban St. Louis school works on constructing its new home, students at the school are using the project as inspiration. During the buildout, students and teachers have combined their ideas for the design of the new school with […]

IFF launches Kansas City Quality Seats, helps to open three new charter schools

Three new charter schools opened this summer in Kansas City with help from IFF, creating over 1,650 seats for students who live in high-need areas. Citizens of the World, Crossroads Academy and KIPP Endeavor Academy are benefiting from IFF’s partnership with the Ewing Marion Kauffman Foundation. IFF’s Kansas City Quality Seats Initiative is an effort to […]

Legacy’s new school building will help ‘scholars’ in Chicago’s North Lawndale

By mid-2017, Legacy Charter School will have a new home in Chicago’s North Lawndale neighborhood. The 61,000-square-foot building will allow Legacy to operate a technologically advanced school with the necessary space for its programs. Calling its students scholars to highlight high expectations, Legacy offers individual instruction for every child, has an extended school day and year, and […]

New health center for American Indians in Milwaukee triples space for more patients

With its number of patients nearly doubled during the last two years, Milwaukee’s Gerald L. Ignace Indian Health Center needed a new home to keep up with its growing clientele. Moving into the former Goldmann’s department store building will allow the nonprofit clinic to triple its footprint and accommodate nearly 4,000 more patient visits in its first […]

Cincinnati’s Drop Inn Center solves overcrowding issues with new location

To solve severe overcrowding issues, the Drop Inn Center is moving its men’s shelter to a 79,000-square-foot former bakery building with 150 beds that doubles its existing size. The new facility will have a medical clinic, classrooms, and more kitchen and laundry space, as well as serve men and women at two different sites. The women’s shelter, […]

New center for Milwaukee’s Progressive CHC doubles capacity, creates jobs

Patients at Milwaukee’s Progressive Community Health Centersface two-month wait times for medical and dental appointments. To meet increasing demand, Progressive CHC is doubling capacity with a new facility at its Lisbon Avenue Clinic site. By 2018, Progressive CHC will bring annual patient visits up to 60,722 and add at least 35 full-time positions, bringing the total […]

Milwaukee’s Sojourner Family Peace Center breaks ground on new facility

Whether it’s counseling, medical attention, or a restraining order, domestic violence and child abuse victims have to travel to different places to get all the help they need. A groundbreaking was held October 1 for a new facility in Milwaukee, WI, that seeks to lessen the challenges faced by these victims. The new 72,000-square-foot building […]

IFF’s Stephen Westbrooks Recognized by Ingram’s Magazine as One of “50 Missourians You Should Know”

Each year, Ingram’s Magazine compiles a list of “50 Missourians You Should Know,” recognizing leaders in the Show-Me State whose careers, companies, and core values are changing not just their communities, but the state—and, in some cases, the world. This year’s list included IFF Executive Director of the Southern Region Stephen Westbrooks, who was honored […]

Celebrating the McClellan Early Childhood Center

On August 20, IFF and Matrix Human Services (Matrix), along with numerous partners, celebrated the opening of the new McClellan Early Childhood Center (McClellan) in the Gratiot Woods neighborhood on the East Side of Detroit with a ribbon cutting event. The event welcomed city, state, and federal representatives, along with community members, and featured remarks […]

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