Low Income Investment Fund

The Low Income Investment Fund is a national nonprofit community development financial institution that mobilizes capital and partnerships to expand access to funding for communities across the United States. Since 2020, the organization has invested nearly $4 billion in affordable housing, childcare, education, and community facilities, supporting communities that serve more than 2.5 million people. The Low Income Investment Fund is recognized as one of the largest community development financial institutions by assets and the organization plays a critical leadership role both in terms of product innovation as well as technical engagement with various levels of government around improving policy for the sector. It was one of the original founders of Impact Four, a collaboration among four of the largest community development financial institutions in the United States that was originally created in 2010 to provide coordinated support to the Department of Treasury’s Bond Guaranty Program, and has continued to support the sector’s policy and capital needs more broadly. Through engagement with this group and in other ways, the Low Income Investment Fund continues to play a leadership role in organizing large community development financial institutions to leverage their strength, capacity, and connections to meet organizational and sector challenges.

To create refinance mortgage products to assist homeowners in Chicago at risk of losing their homes to foreclosure.

To support a national public policy program to address affordable housing needs and other issues affecting low-income families and communities (over two years).

Program-related investment to support financing of projects serving low-income and special-needs populations.

Program-related investment to support the Revolving Loan Fund, to increase the availability of affordable loans for low-income housing development.