DOWN PAYMENT AND CLOSING COST ASSISTANCE
ICLFA and the National Homebuyers Fund have partnered to provide down payment and closing cost assistance to homebuyers

Access & NHF Gold Second Loan Programs:

• Combined with 30-year First Loan
• 20-year fixed rate Second Loan
• Eligible source for down payment and/or closing costs
• Flexible underwriting guidelines

For further information, contact National Homebuyers Fund at (866) 643-4968.

Download Brochure View National Homebuyers Fund Website

Capital Projects And Equipment Leasing
ICLFA has developed a relationship with LaSalle Bank National Association to provide funding for capital projects and equipment acquisition to members at the lowest possible cost. This partnership can provide funding to cities at rates lower than comparable taxexempt financing since issuance costs and financing team costs are reduced or altogether eliminated. Some of the advantages of leasing are:

• Flexibility - Leasing provides flexibility in managing equipment investments
• Preservation Of Working Capital - Leasing preserves accessible working capital
• Complete Financing - Leasing typically requires nodown payment, thus, it is a complete financing
• Optimizing Budget Dollars - Leasing optimizes budget dollars by spreading out the costs of capital projects and equipment over multi-year terms
• Convenience - Leasing facilitates purchases without delays, uncertainties, and high costs associated with many other programs
• Expenses Match Benefits - Leasing facilitates financing assets that are too expensive to fund from one financial period but have useful lives too short to justify issuance of long-term debt