Indwell offers competitive rates on loans of $10,000 or more. These loans to Indwell currently earn interest from 3.5% for an open term to 4.5% for a 5 year closed term. Interest is paid to the lender on a monthly, bi-annual 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.
Please contact Chris Finkbiner, Director of Finance at 1-866-529-0454 or cfinkbiner@indwell.ca to learn more about supporting new affordable housing with Indwell through an Impact Loan.
To find out how you can support Indwell’s programs with other giving options, please contact Judy Eising, Director of Donor Relations and Fundraising at 1-866-529-0454 or jeising@indwell.ca.
