NFF Dollars at Work
Latest Loan Closing
Brooklyn Community Bail Fund: Working to end unjust cash bail and pretrial detention
$250,000 working capital loan through the Trinity Church Grantee Loan Fund
Brooklyn Community Bail Fund (BCBF) is dedicated to challenging the racism and injustices of a criminal legal system and immigration deportation regime that disproportionately target low-income communities of color, drive mass incarceration and perpetuate inequality. Cash bail and pretrial detention criminalize poverty; while wealthy people who can afford bail can return home before their trials, those who can't afford to pay must face pre-trial detention or plead guilty to avoid it. Since 2015, BCBF’s Bail Operations program has paid bail – usually about $2,000 per person, but sometimes $10,000 or more – to secure the pretrial freedom of over 5,000 presumptively innocent individuals charged with misdemeanors, sparing them a collective 700 years of time in detention.
The COVID-19 pandemic has brought both new urgency and new challenges to its efforts to raise the funds required to free community members from the dangerous and unsafe conditions of ICE detention facilities. Thousands of New Yorkers are detained each year; at the same time, the average cost of paying their bail has risen by nearly 50%, from $7,500 to $11,800. Financed by the Trinity Church Grantee Loan Fund, this loan will allow BCBF to expand its pipeline of institutional and major donor support to meet this growing need, ensuring that thousands of community members can plead their cases from positions of freedom.
Learn more about NFF's loan products on the financing page of our website.
Charter Schools & Education
KIPP New York: A brand-new charter school in the Bronx
$5,000,000 participation in an $18,445,000 loan (June 2021)
Acceleration Day and Evening Academy: A high-quality education for Alabama youth
$1.6 million participation in a $5.2 million facility loan (May 2021)
SEED Los Angeles: Breaking down barriers to success through education and wraparound services
$3.75 million sponsor loan + $910,000 direct loan (May 2021)
Citizens of the World Los Angeles: High-quality education for a diverse community of students
$835,000 participation in $7.5 million construction loan (April 2021)
LIFE Academy: Holistic education in Alabama
$1.94 million facility loan (April 2021)
Compass Rose Education: Expanding access to high-quality education across Texas
$3.6 million refinancing of a facility loan (March 2021)
Building Hope: A new charter school in San Antonio
$1.4 million facility loan (March 2021)
Metropolitan College of New York: experiential learning that brings positive change to workplaces and communities
$3.72-million loan (Nov 2020)
Metropolitan College of New York (MCNY) helps students realize their goals with a unique purpose-centered educational model that integrates students’ classwork with their experiences in workplace or internship sites. NFF partnered with LISC NYC to provide a $5.58-million loan which will allow MCNY to refinance the mortgage on their Bronx campus, freeing up resources to support their mission of delivering an education that fosters personal and professional development, promotes social justice, and encourages positive change in workplaces and communities.
Leadership Preparatory Charter School: A Memphis, TN, school expands
$1.34-million construction loan (July 2020)
Leadership Preparatory Charter School opened in 2015 with kindergarten and first grade classes. It has added a grade every year since, currently at K-5. In order to realize its goal of K-8 education, the school needed more space. With the help of a construction loan from NFF and partners, the school will build its middle school adjacent to the elementary school, expanding by 2024 to 490 students from 315 currently. This loan is the first from NFF’s Resilient Communities Fund, a $10 million fund from our most recent NMTC awards. With loans under $4 million with low interest rates, the fund is available to borrowers with financing needs too small to benefit from traditional NMTC allocations.
Nowell Leadership Academy: A new space to learn for students with children in Rhode Island
$610,000 loan (June 2020)
Nowell Leadership Academy is a transfer charter high school in Providence, RI, serving pregnant and parenting students. The school is located on two campuses seven miles apart, which creates financial and operational challenges, as well as inconsistent support services for students, such as childcare. With a new campus for all 160 students, the school will save money, offer a better social and communal experience, and provide lactation and health rooms, transportation services, and a dedicated space for free on-site childcare. NFF provided a $610,000 loan for leasehold improvements on the new space.
The Good Rural: Addressing food insecurity in San Francisco
$50,000 working capital loan (August 2021)
BuCu West: A space to cook for Denver-area food entrepreneurs
$200,000 facilities loan (June 2021)
Golden State Opportunity: supporting the financial well-being of Californians
$500,000 participation in $1 million bridge loan (June 2021)
Community Resource Center: Strengthening nonprofits across Colorado
$250,000 bridge loan (March 2021)
Kids First Health Care: Bringing quality care to Colorado youth
$250,000 loan through the Metro Denver Nonprofit Loan Fund (April 2021)
St. John's Episcopal Hospital: Creating space for access to medical care in New York
$5 million loan (Jan 2021)
Bartz-Altadonna Community Health Center: Making behavioral health services accessible to everyone in the community in Antelope Valley, CA
$2.5-million facility loan (Dec 2020)
Bartz-Altadonna Community Health Center provides patient-centered, high-quality, trauma-informed healthcare services to people in Antelope Valley, regardless of ability to pay and with intensive outreach to people experiencing homelessness. A $2.5-million facility loan from NFF will help Bartz-Altadonna Community Health Center purchase a new building for their expanded behavioral health services and administration offices. With more space available, the Center can offer even more support to people who are seeking mental health services – a critical offering particularly during the pandemic.
Odessa Brown Children's Clinic: Integrated medical care and social services for families in Seattle
$10 million in NMTC sub-allocation (Oct 2020)
Odessa Brown Children's Clinic (OBCC), operated by Seattle Children's Hospital, is building out a newly constructed pediatric health clinic for families in Southeast Seattle to provide medical and dental care, as well as physical therapy, mental health, and nutrition counseling. The clinic also integrates other services, such as literacy training, legal advocacy, and parent support groups so that families can access everything they need to thrive in one place. NFF's $10 million in NMTC sub-allocation will support the new $53.4 million clinic. OBCC is co-located in a building with an early childhood care center and five floors of mixed-income housing (financed separately). The project is part of the Othello Square neighborhood redevelopment, which includes a charter school, workforce development, and affordable housing. OBCC will continue to be a trusted medical provider for local residents while offering even more to families in the community.
Hill Country Community Clinic: A new comprehensive health center in Redding, CA, including supportive housing for young adults
$11 million in NMTC sub-allocation and $10 million in loans (Dec 2019)
Hill Country Community Clinic offers integrated medical, dental, chiropractic, and mental health services to everyone, regardless of their ability to pay. With $11 million in NMTC sub-allocation and $10 million in loans, including investment from NFF’s AIM Healthy Fund and participation from Dignity Health, Hill Country Community Clinic is another step closer to the construction of a new 35,000 square foot health center that will serve over 9,000 patients annually once fully operational. The project, Center of Hope, will also include 16 units of supportive housing for young adults transitioning out of homelessness.
Homelessness & Housing
HousingPlus: Safe, supportive housing for women in New York City
$600,000 bridge loan (September 2021)
Richmond Neighborhood Housing Services: Affordable homes for Bay Area families
$250,000 working capital loan (October 2021)
Archway Communities: Building communities of dignity and respect in Colorado
$250,000 working capital loan through the Metro Denver Nonprofit Loan Fund (Jun 2021)
Asian Americans for Equality: Preserving affordable housing for New York’s AAPI community
$4.7 million participation in a $9.7 million construction loan (July 2021)
Comunilife: housing and a healthier tomorrow for New Yorkers
$375,000 participation in $750,000 predevelopment loan (June 2021)
Housing Works: Housing, mental health services, and HIV/AIDS support for New York City residents
$936,000 acquisition loan (June 2021)
Bowery Residents’ Committee: Helping New Yorkers find affordable housing
$1 million bridge loan through the Trinity Church Grantee Loan Fund (June 2021)
Hollywood Community Housing Corporation: Expanding affordable housing in Los Angeles, California
$1.5-million predevelopment loan (Dec 2020)
Hollywood Community Housing Corporation (HCHC) is addressing Los Angeles’ housing crisis by developing permanent supportive housing for low-income families, formerly homeless individuals and households, seniors, and those with special needs. Operating about 1,000 housing units, mostly in the Hollywood area, HCHC provides a broad range of support services centered on the principles of trauma-informed care for its residents, as well as ESL and GED classes, life skill classes, free after-school programs, and a food pantry. NFF’s $1.5-million loan will provide flexible financing in support of HCHC’s pipeline of permanent supportive housing projects that will allow it to develop at least 500 units every five years. This loan was made through NFF’s Accelerating Permanent Supportive Housing Fund, which provides early-stage capital to help speed the development of supportive housing in the Los Angeles area.
Coalition for Responsible Community Development: Improving quality of life in South LA's Vernon-Central neighborhood
$750,000 loan (Dec 2020)
Coalition for Responsible Community Development (CRCD) takes a youth-centered, neighborhood-based approach to supporting their community's vision for the future. CRCD's programs focus on youth development, workforce development, supportive services, housing, and real estate to foster the revitalization of the South LA community. Through the Accelerating Permanent Supportive Housing Fund, NFF's $750,000 loan will provide flexible financing in support of CRCD’s sizeable pipeline of permanent supportive housing projects, with more than 14 projects in predevelopment.
LifeArk: Housing and supportive services for people who need a place to land in LA County
$2.1-million construction-to-mini-permanent loan (Sep 2020)
The $2.1 million loan from NFF supports a partnership among the Illumination Foundation, LA County, and LifeArk Community to create an 18-bed permanent supportive housing facility in El Monte, CA through the AIM Healthy fund. The facility will bridge the continuum of care for people by providing housing and supportive services to homeless and medically vulnerable individuals who are leaving a recuperative care setting. The project also pilots a modular technology that is expected to reduce costs and construction time. The project broke ground in summer 2020.
Not On My Watch: Supporting survivors of human trafficking in New York City
$125,000 bridge loan (October 2021)
Violence Intervention Program: Empowering survivors to live free of violence
$500,000 bridge loan through the Trinity Church Grantee Loan Fund (August 2021)
The Ladies of Hope Ministries: Building opportunities for incarcerated and re-entering women in New York
$500,000 working capital loan through the Trinity Church Grantee Loan Fund
Women's Prison Association: Pathways to freedom for women facing injustice and incarceration in New York City
$500,000 bridge loan through the Trinity Church Grantee Loan Fund (July 2021)
Westside Infant-Family Network: Supporting mental health in Los Angeles
$500,000 line of credit (Sep 2020)
Westside Infant-Family Network (WIN) provides free in-home culturally sensitive mental health therapy and comprehensive support to families with young children so that families can focus on connecting with each other, healing, and building resilience. The $500,000 line of credit from NFF's AIM Healthy fund will provide working capital to bridge timing delays for two recently awarded contracts from the Los Angeles County Department of Mental Health. The line of credit and new contracts will support a significant expansion of WIN’s work addressing trauma and mental health needs for families in Los Angeles, and will also deepen an eight-agency, cross-sector collaboration that will build the community's capacity to identify trauma and reduce the likelihood of family members developing mental illness.
The Bronx Defenders: Essential legal services for Bronx residents
$1 million bridge loan through the Trinity Church Grantee Loan Fund (June 2021)
The Center for NuLeadership on Human Justice and Healing: shifting the paradigm from criminal justice to Human Justice in New York City
$200,000 bridge loan (June 2021)
Latino Leadership Institute: Leadership training for Latino professionals in Colorado
$250,000 working capital loan through the Metro Denver Nonprofit Loan Fund (August 2021)
WorkLife Partnership: Supporting fulfilling careers in Colorado
$250,000 working capital loan through the Metro Denver Nonprofit Loan Fund (August 2021)
First Step Staffing: expanding employment support to Los Angeles
$2.4-million term loan (Dec 2019)
First Step Staffing is a nonprofit staffing agency. It converts existing for-profit staffing agencies into nonprofits with a mission-driven employment strategy – directly hiring those that have been most disenfranchised from the workforce – men and women experiencing homelessness, veterans, and people with disabilities. In 2018, it placed over 5,504 people with barriers into temporary jobs, 4,708 of whom had recently experienced homelessness. Founded in Atlanta 2006, it has expanded to Nashville, and in 2017, to Philadelphia, with the help of a $1.2 -million loan from NFF to purchase the accounts of a for-profit staffing company. First Step is taking now taking its approach now to Los Angeles. NFF made a $2.375-million term loan to finance First Step’s acquisition of a staffing company in LA that will now provide direct employment for thousands of people who face barriers to entering the workforce.
Kings Against Violence Initiative: Working with youth to build a stronger and safer Brooklyn
$500,000 working capital loan
Soul Shoppe: Promoting healthy environments in Bay Area schools
$75,000 bridge loan (October 2021)
New Earth Organization: Mentoring California youth
$500,000 bridge loan (August 2021)
PARTI Program: Helping youth reduce violence in their schools
$90,000 working capital loan (August 2021)
Youth Justice Network: Advocates that New York City youth can count on
$500,000 working capital loan through the Trinity Church Grantee Loan Fund (july 2021)
PlatteForum: Supporting Colorado youth through art and activism
$125,000 loan through the Metro Denver Nonprofit Loan Fund (May 2021)
Athletics and Beyond: Building opportunities for young people in Denver
$100,000 working capital loan through the Metro Denver Nonprofit Loan Fund
Women’s Wilderness: Supporting girls, women, and LGBTQ+ people through connections with the outdoors in Colorado
$60,000 equipment loan through the Metro Denver Nonprofit Loan Fund (july 2021)
YMCA of Memphis & the Mid-South: Building healthy communities in Tennessee
$11-million NMTC investment and $1.5-million construction loan (Dec 2020)
The YMCA of Memphis & the Mid-South works to strengthen community to make sure everyone has the opportunity to learn, grow, and thrive. In addition to its primary focus on youth development and healthy living for residents of all ages, the YMCA has also played an important role in the local COVID-19 response, providing school meals and childcare for essential workers. NFF’s $11 million NMTC investment and $1.5 million loan will support the construction of a new community center that will offer fitness amenities, after-school programs, and health and wellness activities.
Downtown Community Television Center: new space for public screenings of documentary films in New York City
$2.1 million in financing (Jan 2020)
Downtown Community Television Center (DCTV) is a nonprofit independent media arts center in New York City. Founded in 1972, it fosters diverse viewpoints and creates positive social change by providing professional training, state-of-the-industry resources, and by creating and exhibiting thought-provoking, impactful documentary films. DCTV is building a new, 74-seat public cinema devoted exclusively to documentary film screenings. Located on the building’s ground floor, the cinema will serve as an expansion of the existing DCTV Presents programming, where the organization hosts screening events that engage audiences in documentary films about important social issues. NFF provided a $1-million bridge loan and a $1.1-million construction loan toward the $5.2-million project.
YMCA of Metro Atlanta: A new home for education, after school activities, childcare, and health services
$9-million NMTC allocation (Dec 2019)
YMCA of Metro Atlanta is building a new center in the Grove Park neighborhood, Woodson Park YMCA. The 18,545-square-foot YMCA facility will provide programming for 150 children annually with group exercise classes, and after school programming, including a STEAM curriculum and day camps. It will also create 65-90 accredited Head Start seats;feature a Federally Qualified Health Center that will provide primary care services on a sliding fee scale based on a patient’s ability to pay; additional space for general health and community planning; and 18 new jobs for the community. NFF provided $9-million in NMTC allocation for the $11-million facility.
Finger Lakes ReUse: Reducing waste and creating economic opportunities by giving new life to used materials in Ithaca
$1.7-million loan (Sep 2019)
Finger Lakes ReUse prioritizes the maximum reuse of building materials, electronics, household goods, appliances, and furniture through a community-oriented warehouse, shopping, and educational center. These items are used to create living wage jobs and support mentorship opportunities. NFF provided a loan to help Finger Lake ReUse refinance an existing mortgage on one of its properties.
Co-investor: Alternatives Federal Credit Union
Community Connections for Youth: Community-based resources in Harlem for youth involved with the justice system
$1-million line of credit (May 2019)
Community Connections for Youth (CCFY) brings together grassroots faith and neighborhood organizations to develop community-driven alternatives to incarceration for youth in the Bronx, using an approach that is restorative and strengths-based and that links young people, their communities, and their families in the juvenile justice reform process. In 2017, CCFY was awarded a 5-year, $10.3-million contract from the Manhattan District Attorney’s Office, through the Criminal Justice Investment Initiative, to operate a “Youth Opportunity Hub” in Harlem. The hub gathers community-based organizations under one roof to provide a range of resources, services, and activities to support youth who have been involved or are at risk of involvement with the justice system. NFF’s $1-million line of credit will be used to prevent cash shortages as CCFY awaits reimbursement for this work and payments from other government contracts.