LIIF Notes are currently available to any individual or institutional investor residing in the following states: AK, CA, CO, CT, DC, GA, HI, IL, MA, MD, ME, MI, NH, NM, NY, OR, RI, TN, TX, VA, VT.

The organizations to which LIIF makes loans are typically community-based, non-profit, or mission-aligned for-profit real estate developers that build affordable housing, high quality schools and child care centers, health centers, and community facilities for the benefit of low income people and communities.

No, investors do not pay any fees.

You will be notified 30 days prior to your Note’s maturation. At that time, you will have the option to roll your investment over into another Note, redeem your investment partially or in full, or donate your interest or principal investment to LIIF. If you elect to redeem your principal, funds can be transferred within 7 business days. If you do not respond to the notification, LIIF will automatically roll your investment into a new Note with the same duration at the interest rate in effect on that date.

Notes should be viewed as an investment held to maturity. However, LIIF may allow early redemption on a case-by-case basis subject to a penalty equal to one year’s interest on the Note.

You can elect to have your interest reinvested in your account or distributed on an annual basis.

Investors will receive quarterly impact newsletters that highlight new loans and updated impact metrics.