Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

Impact Investing Loans

Geographic Scope: Arizona (statewide)

Purpose: Below-market loan funding to support affordable housing, community development, and other social impact projects

Award Details (FY 2023):

  • $2.3 million invested in below-market loan funding

  • Seven organizations received funding

  • Partners: USDA Rural Development and LISC
  • Program Description:
    ACF is a national leader in impact investing. The foundation works alongside traditional grantmaking to accomplish two important goals: producing measurable social impact and building resources for future investing. Impact investing loans work as capital solutions more robust than grants alone, working with capital partners, grantmakers, and nonprofit leaders.

    Recent Examples:

  • Arizona Housing Inc.: $300,000 for housing conversion project at 2900 E. Van Buren in Phoenix (50-unit motel conversion)

  • Society of St. Vincent De Paul Phoenix: $250,000 for Ozanam Manor housing (100-bed transitional community)

  • Family Promise of Greater Phoenix: $100,000 for Container Village in Glendale

  • Coalition for Compassion and Justice: $200,000 for Paloma Village in Chino Valley (25 manufactured home units)
  • Focus Areas & Funding Uses

    Fields of Work

    nonprofitshousingaffordable-housingcommunity-development

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