Investments

Community Development Investing

From inception, TLI defined community development investing in the broadest terms. Building successful communities requires affordable housing, small business, childcare centers, health care facilities and commercial developments.

We believe it is important to get to know our borrowers, to understand their strategies, pipelines and challenges. We encourage borrowers to contact us early in the development process. We are committed to responding quickly and clearly to proposals. At times we can identify complementary funding sources and work through project challenges.

TLI can provide predevelopment, acquisition, construction, bridge, working capital and more. We are able to tailor loan products to the needs of each deal.

Loans are underwritten by staff and presented on a monthly basis to and investment committee.

We encourage borrowers to contact us early in the development process. We are often able to evaluate the likelihood of The Life Initiative investment in a project relatively quickly. This saves borrowers significant time and effort. At times, we are able to help borrowers identify complementary financing sources, potential issues with project design or work through other project related challenges.

Since we don’t have standard financing products, our first step is to meet the borrower and understand the proposed project. Our due diligence process includes evaluating borrowers’ experience, team financial strength as well as the overall financial feasibility of the projects.

If the TLI staff feels the investment meets our lending criteria, then the loan is brought to the TLI Investment Committee to make a final decision on the proposed investment. The Investment Committee meets monthly so once our due diligence process is complete, we can act quickly on approving projects.