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Kansas Community Investment Fund (KCIF)
up to $250,000
Impact Investing
Demographics
KCIF is designed to provide funding for both for-profit and nonprofit organizations that positively impact health and community vibrancy. Applicants must first complete an eligibility form to determine if the project provides services that positively affect the following Impact Areas: Access to Care, Civic Engagement, Education Attainment, Healthy Behaviors
Finance terms
Up to $100,000 can be provided per KCIF project. KCIF loan terms will equal that of the matching loan partner, unless the partner’s and/or financial institution’s interest rate is less than 4%. KCIF has a floor rate of 4% for 1-5 year loans, 6% for 6-10 year loans, and a maximum length of 10 years with most projects.
Funds purprose
Funds are intended as gap financing that can be used for a variety of purposes, including equipment, inventory, and working capital.
Match criteria
The KCIF loan program matches up to 150% of other sources of capital and/or funds from a financial institution. Other sources can include grant funds and nonprofit or public sources of capital such as city and county revolving loan funds and funds provided by a community foundation.
Submission deadline
Funding rounds occur monthly. Submissions are due by the 1st of each month. Please note: Applications are required to submit an Intake Form and granted approval before submitting a Full Application.
About
KCIF is designed to provide funding for both for-profit and nonprofit organizations that positively impact health and community vibrancy. Applicants must first complete an eligibility form to determine if the project provides services that positively affect the following Impact Areas: Access to Care, Civic Engagement, Education Attainment, and Healthy Behaviors.