NFF Dollars at Work

NFF Dollars at Work

We bring capital where it’s needed most for social good. Here's a look at loan closings from the past few years in the following sectors:

Featured Loan: Horizon Recuperative Care

Horizon Recuperative Care: Supporting unhoused LA County residents as they heal

$500,000 bridge loan (December 2023)

Horizon Recuperative Care (Horizon) is a for-profit service provider that offers recuperative care for individuals in LA County experiencing homelessness post-hospitalization. Through behavioral health programs, housing assistance, case management, and more, Horizon has facilitated the transition to permanent housing for over 600 individuals annually, effectively breaking the cycle of homelessness for many in LA County. 

Many organizations receive government funding to provide their services but are paid after services are provided – and those payments are frequently delayed. Supported by Cedars Sinai and the Hilton Foundation, this zero-interest bridge loan will help Horizon expand its services to a new 78-bed facility in East Los Angeles, CA while waiting for late reimbursements from its CalAIM Community Supports contracts. CalAIM promises to make recuperative care more accessible, but as it represents a significant change for both health plans and recuperative care providers like Horizon, payments to providers are often delayed. This financing will help Horizon reach even more people across LA County in need during a critical time of transition. 

Nonprofit Sector Story

Supporting South Asian Families and Individuals in Brooklyn

Council of Peoples Organization | Supporting South Asian Families and Individuals in Brooklyn

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