IFF's Commitment to Michigan
IFF opened its Michigan office in 2014 and is a 501©3 corporation with Michigan tax-exempt status. In its first eight years (2014-2022), it closed 170 loans totaling more than $151 million — capital that flowed to more than a dozen cities throughout the state.
As of April 2023, our Michigan-based staff totaled 28 — dedicated to our lending program, real estate consulting, real estate development, research, and programs and initiatives.
In 2022, with the support of Impact Connection, IFF invested $20.8 million in Michigan nonprofits. Impact Connection responds to the demand from foundations and other investors seeking impact investing opportunities that have been professionally underwritten.