Joe Neri



333 S Wabash Ave, Ste 2800
Chicago, IL 60604-4264

About IFF

IFF is one of America’s leading nonprofit Community Development Financial Institutions (CDFI). Our mission is to strengthen nonprofits and the communities they serve by providing leadership, capital, and real estate solutions.

IFF is dedicated to bringing high-quality affordable housing to low-income households across the Midwest. We offer flexible, affordable financing at all stages of regulated rental housing development – predevelopment, construction, and permanent financing – in Illinois, Iowa, Indiana, Kansas, Michigan, Minnesota, Missouri, Ohio, and Wisconsin. Additionally, we offer a full breadth of development services that help communities thrive. Our expertise in feasibility analysis, complex transaction structuring, and construction management provide nonprofits with a trusted collaborator.

One of IFF’s HPN-supported programs is called Home First, which creates housing for people with disabilities. IFF assembles financing, develops, and owns this community-integrated, affordable, and accessible housing. For more information, visit

IFF is a member of the Federal Home Loan Bank of Chicago and actively sponsors AHP grant applications.

Community Programs

  • Other Community and Economic Development

Housing Development & Rehabilitation

  • Single-Family For-Sale Development
  • Multi-Family Rental Development
  • Single-Family Rental Development
  • Commercial Development
  • Asset Management

Property Management & Resident Programs

  • Resident Services

Debt & Equity Investing

  • Commercial and/or Development Lending