Among the tools available through the Arizona Community Foundation are two loan funds; the Community Impact Fund and the Affordable Housing Pre-Development Fund. In each case, these loans are available to nonprofits and must serve a charitable purpose.
The Mission of the ACF Community Impact Loan Fund and the Affordable Housing Pre-Development Fund is to sustain and scale high performing community-based initiatives and innovation. The funds advances ACF’s five social investment priorities; Healthcare Innovation, Quality Education, Community Improvement & Development, Environment & Sustainability, and Arts & Culture, by providing support to the nonprofit sector through these financial tools.
During this webinar you will learn about:
- Objectives of loan programs
- Benefits using loan programs
- Social impact guidelines
- Loan guidelines
- How to take advantage of these tools
About Our Presenter:
Elisa de la Vara, Chief Community Officer
Elisa de la Vara is Chief Community Officer for the Arizona Community Foundation (ACF). She oversees the Foundation’s engagements and relationships with Arizona’s diverse communities. She is responsible for the grants management division, major community initiatives and oversees the Community Impact Loan Fund, affordable housing fund, immigration and border philanthropy, and Philanthropy for All initiatives. Elisa is also responsible for ACF’s statewide Affiliate system, including regional staff members in Cochise, Flagstaff, Sedona, Yavapai County and Yuma.
When Elisa joined ACF as Senior Director of Philanthropic Services - Community Initiatives in 2015, she brought four decades of experience in community development and in the nonprofit, government and commercial sectors, most recently having managed the daily operations of Congressman Pastor’s District 7 Office for seven years until the Congressman’s retirement. She served 12 years as State Director of Fannie Mae’s Arizona office before joining Congressman Pastor’s office. Elisa’s experience in the private sector includes positions with Enterprise 2000, Inc. and Espinoza Development Corporation, both real estate and property development companies. She has held significant civic leadership roles throughout Arizona, including serving as Special Assistant to Arizona Governor Bruce Babbitt from 1983 to 1986. She rose through the ranks at the nonprofit Chicanos Por La Causa from 1975 to 1983, ultimately serving as Executive Vice President.