IFF Schools
IFF is the only one-stop shop in the Midwest offering affordable financing and real estate services at every stage of school development.
IFF was among the first community development financial institutions in the nation to provide below-market rate financing specifically for charter schools and has gained national recognition for its innovative use of U.S. Department of Education credit enhancement grants to finance charter school projects.
Schools in certain markets can rely on IFF for help with the full spectrum of their real estate needs—IFF’s expertise ensures projects are well-planned, well-placed, and well-constructed.
Through its public policy and research initiatives and technical assistance to charter school authorizers, IFF is a recognized leader in strengthening school reform efforts and improving the landscape in which today’s schools operate.
IFF offers schools the following services:
IFF Loans
- Capital for projects ranging from $10,000 to $1.5 million
- Terms of up to 15 years
- Funding for predevelopment and start-up costs
Credit Enhancement of Bonds and Investor Pools
- Capital for projects over $1.5 million
- Low tax-exempt interest rates
- Terms of up to 30 years
- 100% financing available
- Leased or owned facilities
Real Estate Services
- Project Feasibility: Development of a preliminary program and space plan; project budget and financial feasibility analysis
- Project Pre-Development: Site identification and evaluation; selection and management of land or building purchase
- Project Management: Selection and coordination of architect and contractors; oversight of design and construction
IFF Schools Borrowers and Clients
|
21st Century Urban Schools
Academie Lafayette Charter School
Academy for Global Citizenship
ACE Technical Charter School
American Quality Schools
Anderson Preparatory Academy
Asian Human Services
Aspira Inc of Illinois
Betty Shabazz International Charter School
BSDS, Inc. d/b/a Brookside Day School
Carmen High School of Science and Technology
CEO Leadership Academy
Charter Schools Development Corporation
Chicago Academy of the Arts
Chicago Charter School Foundation
Chicago Jewish Day School
The Chicago Math and Science Academy Charter School, Inc.
Chicago Public Schools
Chicago Virtual Charter School
Chicago West Side Christian School
Comer Foundation
Community Christian Alternative Academy
Community Services West
Day Care Services for Children, Inc.
Della Lamb Community Services
Downtown Montessori Academy
Drexel Foundation for Educational Excellence, Inc
East Chicago Lighthouse Facility LLC
EEI Real Estate Holdings, LLC (Hope Lutheran School, Inc.)
Erie Elementary Charter School
Evanston School District 65
Ewing Marion Kauffman Foundation
Felician Sponsored Ministries - Milwaukee
Galapagos Charter School
Galapagos Rockford Charter School NFP
Galileo Charter School
Giant Steps Illinois, Inc.
Grace and Peace Community Church
Highland Community School
Hmong American Peace Academy
Homan Square Power House
Hope Academy
|
|
Illinois Network of Charter Schools
Indiana Schools of Excellence, Inc.
Instituto del Progreso Latino
International School of Columbus, Inc.
Irvington Community School
Jane Addams High School
Keystone Montessori School
KIPP Ascend Charter School
KIPP Inspire Academy
KIPP LEAD College Prep Charter School
L.E.A.R.N. Charter School
La Causa
Lawrence Early College
Legacy Charter School
Lighthouse Academies
Milwaukee College Preparatory School
Milwaukee Renaissance Academy
Montessori Private Academy, Inc.
Namaste Charter School
Noble Network of Charter Schools
North Lawndale College Prep Charter School
Northwestern University Settlement Association
Our America Charter School
Perspectives Charter School
Puerto Rican Cultural Center
Ridge Academy
Samaritas, Inc
Seeds of Health, Inc.
St. Anthony School
St. Louis Language Immersion Schools
St. Marcus Lutheran School
Telpochcalli School and Community Center
University of Chicago Charter School Corporation
UNO Charter School Network, Inc.
Vincent Gray Academy
Washington University
Young Women's Leadership Charter High School
Youth Connection Charter School
|
Please click here to download a print-ready overview of IFF’s work for schools.
To learn more about our schools work or to discuss our services, please contact IFF's Director of School Services, Tanya Vartivarian, at 866 629 0060.
