Funding Opportunities

Stephen DePalma Infrastructure Loan Fund

The Stephen DePalma Infrastructure Loan Fund (ILF) was established by the Pi Kappa Phi Fraternity National Council in 1991 to build a corpus of funds to assist chapters of Pi Kappa Phi in the acquisition of housing. A portion of each member’s initiation fee funds the ILF.

At the 53rd Supreme Chapter in 2012, the ILF was renamed the Stephen P. DePalma Infrastructure Loan Fund in honor of Past National President DePalma who was instrumental in the formation of the ILF.

The Infrastructure Loan Fund is administered by Pi Kappa Phi Properties, Inc. to promote the fund, review applications, manage risk, preserve assets, grant loans within prudent business and marketplace terms and conditions as determined by the administrator through the Infrastructure Loan Fund Vice President and approved by the Pi Kappa Phi Properties Board of Directors.

Who can apply?

Student chapters — including associate chapters
Housing corporations
Alumni chapters

Types of Loans

Real estate acquisitions
Second mortgage
Security deposits
Leasehold improvements
Repairs and maintenance
Furniture, fixtures and equipment
Retirement and restructuring of third-party debt
Housing assets preservation and protection
Short-term bridge financing

For more information about the Infrastructure Loan Fund, contact Properties at (980) 318-5360.

ILF Loan Application
 

Housing Investment Fund

The Housing Investment Fund was established in 2012 by the Supreme Chapter to further Properties goal of providing quality local chapter homes for each chapters.

The Housing Investment Fund is funded through an annual fee for undergraduate chapters. The fee is based on a chapter’s total number of undergraduate members. Properties produces an annual report detailing the disbursement and allocation of all Housing Investment funds.

For more information about the Housing Investment Fund or to apply, contact Pi Kappa Phi Properties at (980) 513-5361.