IFF, formerly known as the Illinois Facilities Fund, provides loans and real estate consulting to nonprofits based in the Midwest, with a particular focus on those that serve low-income communities and special needs populations. It is the largest nonprofit CDFI in the Midwest and one of only a few nationally to earn the CDFI Asssesement and Rating System (CARS) AAA+1 rating. Established in 1988, IFF now has assets of more than $498 million. In 2015, its loan program made 117 loans totaling over $95.5 million—resulting in the creation or maintenance of 3,713 jobs.
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