What is IFF?
Founded in 1988, IFF operates as a Community Development Financial Institution (CDFI), focusing on providing essential financial products and services to nonprofits and community-focused organizations. Their expertise spans loans, financing, facility planning, and real estate development, with a particular emphasis on affordable housing projects and the revitalization of underserved areas, including grocery store access. The organization's work in research, public policy, and community development positions it as a key player in fostering sustainable growth and equitable opportunities within the communities it serves.
How much funding has IFF raised?
IFF has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for IFF?
The substantial late-stage funding and major strategic investment indicate a period of significant scaling and expansion for IFF. This capital infusion is expected to bolster their capacity to finance larger and more impactful community development projects, potentially broadening their geographic reach and deepening their engagement in critical areas such as affordable housing and economic development. The organization is poised to leverage this financial backing to further its mission of strengthening communities through strategic financing and comprehensive development support.
See full IFF company page
