We bring capital where it’s needed most to support thriving communities. Here are some loan closing highlights from the past few years.

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Loan Type

Testimonial Community Love Center

$250,000 bridge loan

Loan Type: Bridge

Year Closed: 2023

Focus Areas: Housing

Location: California

Testimonial Community Love Center (TCLC) started in 1984 working with families and individuals experiencing homelessness in the greater South-Central Los Angeles area. Since then, LA has seen the rate of homelessness increase due to a combination of factors, such as the lack of affordable housing, adding new urgency to TCLC's work. Supported by the Hilton Foundation, this zero-interest loan will help TCLC have enough cash on hand to pay their staff, keep their doors open, and offer their essential programs. With support from this financing, TCLC can continue offering its vital services to address homelessness in South-Central LA.

The Community Builders

$1.4 million predevelopment loan

Loan Type: Predevelopment

Year Closed: 2025

Focus Areas: Housing

Location: New York

Founded in 1964, The Community Builders (TCB) develops and sustains affordable and mixed-income housing across more than 150 communities across the Great Lakes, Mid-Atlantic, Midwest, New England, and the New York and New Jersey regions. To date, TCB has created over 33,000 housing units, with about 80% for families and 20% for older adults or individuals with disabilities. Beyond housing, TCB’s work extends to workforce development, youth services, community engagement, and education. NFF’s $1.4 million predevelopment loan, with Leviticus Fund as lead lender, will finance Beacon – a community-driven effort led by Community Builders and Ascendant Neighborhood Development to expand the historic East Harlem Multi-Service Center and build 282 affordable housing units. This initiative will create lasting impact by dedicating a number of units to provide stable, long-term homes for families and individuals. In addition, the project will be fully electric and be designed to meet Enterprise Green Communities and Passive House Standards, enabling its residents to benefit from the latest advancements in green building technology. This project utilizes funds awarded to NFF through NY Green Bank’s Community Decarbonization Fund, which expands access to financing for emissions-reducing projects that benefit underserved communities in New York State.

The Elizabeth Foundation

$6.45 million permanent financing

Loan Type: Permanent

Year Closed: 2025

Focus Areas: Arts & Culture

Location: New York

Founded in 1993, The Elizabeth Foundation for the Arts (EFA) is a New York City-based nonprofit that fosters meaningful engagement between artists, art communities, and the public through two main programs. The Studio Program focuses on offering artists affordable private studio space, career support, and opportunities to showcase their work. Meanwhile, the Robert Blackburn Printmaking Workshop seeks to improve the overall quality of fine art printmaking by providing low-cost, unfettered access to printers, equipment, and education to both underrepresented and established artists. Together, these programs support over 500 artists and draw more than 1,500 visitors to their events each year. EFA turned to NFF to refinance a costly short-term mortgage, resulting in a much more sustainable 20-year permanent $6.45 million loan. With this financing, EFA can now fully focus on serving its community and advancing its mission of uplifting artists through creative expression.

The Play Company

$80,000 working capital loan

Loan Type: Working Capital

Year Closed: 2023

Focus Areas: Arts & Culture

Location: New York

The Play Company is an award-winning off-Broadway theatre known for developing and producing adventurous new plays in the U.S. and internationally. By hosting residencies, productions, and workshops, they encourage new work by collaborating with artists all around the world. This loan will help the organization overcome cash flow challenges caused by delayed major funding, which is a common experience for many nonprofits. It will help bridge cash shortages throughout the year so The Play Company can continue their important mission of advancing an inclusive and innovative American theatre system by championing new, often marginalized voices.

The Thinkubator

$50,000 working capital loan

Loan Type: Working Capital

Year Closed: 2022

Focus Areas: Education

Location: New York

The Thinkubator is an innovation and workforce development organization that works primarily with young people in the Bronx. They approach their work with a racial and economic equity lens through three major areas: education, research, and community. Currently, the Thinkubator’s CEO does most of the organization’s fundraising; hiring a full-time employee focused on development will allow the organization to deepen its existing relationships with funders and explore new fundraising relationships while freeing up the CEO to focus on other responsibilities. Offered through NFF’s zero-interest CARE Fund, this loan will provide the Thinkubator with the resources it needs to pursue this hire – ensuring that this new organization and the services it provides to Bronx youth will be around for years to come.

The Word

$90,000 working capital loan

Loan Type: Working Capital

Year Closed: 2022

Focus Areas: Arts & Culture

Location: Colorado

The mission of The Word is to promote creative voices from underserved communities and diverse backgrounds, honor stories from traditionally marginalized communities, and provide a space for these groups to see themselves in literature. Offered through the Metro Denver Nonprofit Loan Fund, which supports the recovery and development of the Metro Denver nonprofit ecosystem, NFF’s loan will provide The Word with the working capital needed to meet the rising demand for its services. With this investment, The Word can expand its programs to include even more community voices as agents of social and literary change.

UNITE-LA

$500,000 bridge loan (2023), $500,000 bridge loan (2025)

Loan Type: Bridge

Year Closed: 2023, 2025

Focus Areas: Early Childhood Education, Education

Location: California

For over 20 years, UNITE-LA has partnered with educational institutions and businesses in Los Angeles to improve the local public education system so that all children and youth succeed in college, career, and beyond. UNITE-LA works to increase access to high-quality early childhood education, develop career pathways in high-growth industries, improve college access and success, and ensure workforce readiness. Through their programming and systems change efforts, UNITE-LA's mission is to support equitable economic mobility and well-being for youth and adults in Los Angeles. In 2023, supported by the Hilton Foundation, a $500,000 bridge loan from NFF helped UNITE-LA cover ongoing organizational and programmatic costs while waiting for delayed reimbursements from government contracts and grants. In 2025, with support from the Hilton Foundation, NFF is providing an additional $500,000 low-cost bridge loan that will allow Unite-LA to navigate daily operations despite unpredictable government funding schedules, a common challenge faced by many nonprofits. Through this financing, UNITE-LA can continue delivering education and workforce development programs that support Angelenos in school and work.

University Settlement Society of New York

$2 million working capital loan

Loan Type: Working Capital

Year Closed: 2024

Focus Areas: Human Services

Location: New York

Founded in 1886 as the first settlement house in the United States, University Settlement Society of New York (USS) is a human services nonprofit that serves over 40,000 clients annually. A $2 million loan from NFF will allow USS to navigate daily operations despite the unpredictability of government funding schedules, a common challenge faced by many nonprofit organizations. With this financing, USS will be able to continue providing essential services that foster stability for the thousands of individuals and families it serves.

Urban Pathways and The Children’s Village

$2.75 million acquisition loan

Loan Type: Acquisition

Year Closed: 2024

Focus Areas: Housing

Location: New York

Urban Pathways (UP), a New York-based nonprofit founded in 1975, is dedicated to combating homelessness through housing and supportive services, while simultaneously advocating for systemic change. The Children’s Village (TCV), founded in 1851, works in partnership with families to promote the well-being of young people through housing, education, and advocacy. Each year, TCV’s Dobbs Ferry campus provides short-term residential care for more than 800 youth – and its other community-based programs reach over 17,000 children and their families. NFF’s $2.75 million loan, with a 50% participation from Leviticus Fund, will support Urban Pathways and The Children’s Village in creating a 123-unit permanent affordable and supportive housing development in the Bronx. This project will feature 43 units allocated for low-income households and 80 units designated for formerly homeless individuals and young adults transitioning out of foster care. This investment will connect more than a hundred people to affordable housing, providing individuals and families with the stability of a secure living environment.

Women’s Wilderness

$60,000 equipment loan

Loan Type: Equipment

Year Closed: 2021

Focus Areas: Other

Location: Colorado

Women’s Wilderness is one of the only nonprofits in the world that provides direct outdoor experiences with a gender lens. They offer a variety of programs including backpacking, camping, canoeing, climbing, hiking, nature immersion, and rafting. Women's Wilderness requested a $60,000 loan through the Metro Denver Nonprofit Loan Fund to finance a fleet of three vans, which will allow Women's Wilderness to increase the amount of women, girls, and LGBTQI+ people it serves with its outdoor programming.