LIIF has partnered on an impactful deal so that Damien Center, Indiana’s largest HIV/AIDS facility, can build its new healthcare and supportive services center. LIIF provided a $6.5 million construction-perm loan leveraging the power of the New Markets Tax Credits program. This deal aligns with LIIF’s mission to create opportunity and equity in under-resourced communities: We believe it will contribute to improved health outcomes and economic vitality in the area for years to come.
Read the press release.
Our organization aspires to fund deals that foster an ecosystem of community support, and that criterion has been met via our investment in this brand-new, 56,000-square-foot federally qualified health center with 57% of clients identifying as BIPOC.
LIIF Vice President for Community Lending Facilities and New Markets Tax Credits Amir Ali