From its origins as a $2.7 million loan fund focused on Chicago nonprofits, IFF (formerly the Illinois Facilities Fund) has grown into one of America’s leading nonprofit community development financial institutions (CDFI), offering a continuum of services across the Midwest.
In 2009, during the deepest part of the recession, officials from Montgomery County government, led by the Department of Health and Human Services and the Office of Community Partnerships, partnered with leaders from the faith-based community, social service nonprofits, and grassroots organizations to develop strategies aimed at delivering critical emergency and safety net services to struggling communities and families in the area.
Four of the nation’s leading organizations working on low-income housing needs brought their complementary skill sets together to create the Mortgage Resolution Fund (MRF). MRF’s goal is to help homeowners stay in their homes and to stabilize and revitalize communities hard-hit by the foreclosure crisis.
Houston’s Neighborhood Centers is a social service nonprofit that provides a continuum of services to over 400,000 low-income residents a year in more than 60 locations throughout the Houston region and across Texas. Its services reach inner-city as well as suburban communities, and include programs for children, youth, seniors, and immigrants on everything from health and education, to leadership and economic development, financial literacy and security, and paths to citizenship.
The Road Map Project, launched in the Seattle Region in 2010, aims to double postsecondary educational attainment and close achievement gaps for the almost 120,000 students in the suburban school districts of Auburn, Federal Way, Highline, Kent, Renton, and Tukwila, as well as the public schools in South Seattle.
In response to the foreclosure crisis, suburban municipalities on Chicago’s west and south sides formed interjurisdictional collaboratives to address shared challenges together, rather than compete with one another for limited resources.