At this time, Indwell is accepting loans of $50,000 or more. The rates are as follows:
- 5 year – 4.25%
- 4 year – 4.05%
- 3 year – 3.85%
- 2 year – 3.70%
Interest is paid to the lender on a monthly or annual basis, or you can choose to receive a donation receipt in lieu of interest payments. While Indwell operates in a financially sustainable and responsible manner, it should be noted that impact loans are promissory notes and not secured by specific Indwell assets.
Indwell lenders have already invested more than $26 million in Impact Loans, enabling Indwell to finance projects while applying for government funding and support from private foundations, churches and individual donors
More Information
Please contact Aydan Schat at 1-866-529-0454 ext 225 or ayschat@indwell.ca to learn more about supporting new affordable housing with Indwell through an Impact Loan.
Other Giving Options
To find out how you can support Indwell’s programs with other giving options, please contact Judy Eising, Director of Community and Donor Engagement at 1-866-529-0454 ext 437 or jeising@indwell.ca.
