At this time, Indwell is accepting loans of $50,000 or more. The rates are as follows:
- 5 year – 4.50%
- 4 year – 4.30%
- 3 year – 4.10%
- 2 year – 3.95%
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.
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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.
