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:
Latest Loan Closing
Beech Interplex: Revitalizing a cultural landmark in Northern Philadelphia
$250,000 acquisition loan (April 2022)
Since 1990, Beech Interplex (Beech) has provided a variety of services and programs for residents of Cecil B. Moore Community, a historically disinvested 26-square block area in North Central Philadelphia. A part of Black-led, mission-driven community development firm Beech Companies, Beech Interplex advocates for stronger neighborhoods through community and commercial development segment. Beech believes in taking a holistic, collaborative approach to neighborhood revitalization that encourages the active participation of residents in order to improve the quality of life in their communities. Through job placement, education, and rehabilitation services, Beech’s work of promoting homeownership and rental opportunities in the Cecil B. Moore community spans three decades and has helped improve living conditions for at least 60,000 Northern Philadelphia residents.
In 1944, renowned African American printmaker Dox Thrash purchased a three-story brick structure located at 2340 Cecil B. Moore Avenue. Known today as Dox Thrash House, it holds rich historic and cultural significance in the community. Financed through NFF’s zero-interest CARE Fund, this loan will provide a portion of the funding needed to acquire the Dox Thrash House and purchase a vacant lot adjacent to Beech Interplex’s current Dox Thrash development – investments that will ensure this historic building remains an anchor in the community for years to come.
Learn more about NFF’s loan products on the financing page of our website.
Charter Schools & Education
Marcy Lab School: A 12-month program, a lifelong career in tech
$150,000 facilities loan (January 2022)
Graduate Philadelphia: Supporting Philadelphians’ educational and professional aspirations
$250,000 working capital loan (January 2022)
KIPP Philadelphia and MIS Capital: Preparing students for success in college and in life
$15.5 million construction loan: $8 million direct loan ($5 million from Reinvestment Fund, $3 million from NFF that includes a 50% participation to Bluehub Capital) $7.5MM source leverage loan within the New Markets Tax Credits structure ($5 million)
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)
Community Improvement
Kensington Corridor Trust: Partnering with neighbors on Philadelphia’s Kensington Avenue
$250,000 working capital loan (April 2022)
New Kensington CDC: Revitalizing neighborhood spaces across New Kensington
$250,000 working capital loan (April 2022)
Greenline Access Capital: Supporting Philadelphia’s next generation of entrepreneurs
$50,000 working capital loan
Urban Tree Connection: Reclaiming land, uniting neighbors, and building food sovereignty
$60,000 working capital loan (January 2022)
East New York Restoration LDC: Supporting healthy communities in Brooklyn
$150,000 bridge loan (December 2021)
Northwest Bronx Community and Clergy Coalition: Building Coalitions for Racial and Economic Justice
$250,000 bridge loan (November 2021)
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)
Health
Community Health Initiatives: Expanding access to equitable community care in New York City
$1,200,000 facility loan, $410,000 bridge loan (March 2022)
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.
Homelessness & Housing
New York State Tenants & Neighbors Information Service: Advocating for tenants’ rights across New York
$100,000 bridge loan (May 2022)
The Center at Blessed Sacrament: Critical services for Hollywood's unhoused communities
$500,000 bridge loan (February 2022)
Sustainable Futures Project: From survival to stability in South Los Angeles
$50,000 working capital loan (February 2022)
PATH Ventures: A much-needed response to California’s housing and homelessness crises
$1 million working capital loan
Bayview Hunters Point Foundation: A Holistic Approach to Homelessness in San Francisco
$250,000 bridge loan (December 2021)
Impact Services: Employment, housing, and stability in Philadelphia communities
$1.5 million facilities loan (December 2021)
The WIN Project: Housing Equity in Compton
$250,000 predevelopment loan (November 2021)
Bowery Residents’ Committee: A caring response to homelessness in upper Manhattan
$5.7 million loan to support acquisition and predevelopment (November 2021)
Breaking Ground: Securing affordable homes for unhoused and low-income New Yorkers
$500,000 participation in a $1 million predevelopment loan led by Corporation for Supportive Housing (October 2020)
Richmond Neighborhood Housing Services: Affordable homes for Bay Area families
$250,000 working capital loan (October 2021)
HousingPlus: Safe, supportive housing for women in New York City
$600,000 bridge loan (September 2021)
Partner: LISC
Human Services
Paving the Way: Community care in Southern California’s Antelope Valley
$250,000 bridge loan (October 2021)
ACHIEVEability: Building thriving communities in West Philadelphia
$250,000 working capital loan (April 2022)
Special Needs Network, Inc.: Providing services for BIPOC people with disabilities in South Los Angeles
$250,000 bridge loan (March 2022)
Olive Support Services: Creating safe housing for domestic violence survivors
$250,000 bridge loan (March 2022)
I Did Something Good Today Foundation: Helping older adults overcome social isolation
$10,000 bridge loan (March 2022)
Multicultural Community Family Services: Supporting healthy immigrant communities in Pennsylvania
$100,000 facility loan, $40,000 refinancing of existing loan (January 2022)
The Central Family Life Center: Improving the lives of Staten Island residents
$250,000 working capital loan (January 2022)
Sacred Heart Community Services: Decades of service to South Bay Area communities
$1.75 million participation in a $5 million acquisition loan
Monument Impact: A comprehensive response to COVID-19
$250,000 working capital loan (November 2021)
Jenesse Center: Shelter and support for survivors of domestic violence
$1.8 million bridge loan (October 2021)
Social Justice
Think of Us: Shifting power to place foster youth at the center
$800,000 line of credit (May 2022)
Immigrant Defense Project: Advancing equity for immigrant communities in New York
$500,000 bridge loan (March 2022)
TakeRoot Justice: Legal and policy efforts to build power in New York City communities
$500,000 bridge loan (January 2022)
Hudson Link for Higher Education in Prison: Re-entering society and pursuing long-term goals
$500,000 working capital loan
Why Not Prosper: Successful reentries for formerly incarcerated women in Philadelphia
$250,000 working capital loan
Communities United for Restorative Youth Justice (CURYJ): Mobilizing Young Leaders to End Youth Criminalization
$250,000 bridge loan (November 2021)
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
Workforce Development
Sure We Can: Ensuring fairer incomes for Brooklyn canners
$250,000 bridge loan (March 2022)
Mandela Partners: A space where food entrepreneurs can thrive
$93,000 working capital loan (November 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)
Youth Development
Philadelphia Police Athletic League: Caring for youth across Philadelphia
$250,000 bridge loan (April 2022)
Flex Dance Program: Creating vibrant, safe spaces for Brooklyn youth through dance
$50,000 bridge loan (March 2022)
Youth Empowerment for Advancement Hangout: Centering the voices of young people in Philadelphia
$150,000 bridge loan (March 2022)
Sanctuary of Hope: A culture of care in South Los Angeles
$150,000 bridge loan (March 2022)
Urban Youth Alliance: Keeping youth out of jail for life
$500,000 bridge loan (February 2022)
Thinkubator
Engaging Bronx youth as community activists
Seeing Our Adolescents Rise: Mentorship and community engagement for Colorado youth
$50,000 working capital loan through the Metro Denver Nonprofit Loan Fund (October 2021)
Casita Maria: Unlocking youth creativity in the South Bronx
$250,000 bridge loan (October 2020)
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)
Other
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.
Partner: LISC
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.
Partners: SunTrust Bank, Atlanta Public Schools, and The Grove Park Foundation.
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.