Indigenous Equity Initiative (IEI)
Through the IEI, our investment team looks to lend to Indigenous communities to provide them with access to capital to purchase equity stakes in infrastructure projects in which the CIB is also investing. Economic returns from these projects can be reinvested in the community, narrowing the economic and infrastructure gap among Indigenous communities.
Offered by Canada Infrastructure Bank
Amount
Loan financing of no more than 90% of the Indigenous equity purchase, with a loan size between $5 million and $100 million
Quick eligibility check
Who can apply
Through the IEI, our investment team looks to lend to Indigenous communities to provide them with access to capital to purchase equity stakes in infrastructure projects in which the CIB is also investing.
- Fall within at least one of the CIB’s priority sectors, and be for the purchase of an equity stake in a project where the CIB is already considering another investment;
- Include First Nation, Metis and Inuit communities on whose traditional territory the project is situated;
- Demonstrate a financing gap for the equity stake purchase; and
- Require financing of no more than 90% of the Indigenous equity purchase through a loan size between $5 million and $100 million.
About the funding
Through the IEI, our investment team looks to lend to Indigenous communities to provide them with access to capital to purchase equity stakes in infrastructure projects in which the CIB is also investing.
Require financing of no more than 90% of the Indigenous equity purchase through a loan size between $5 million and $100 million.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Apartment Construction Loan Program: Seniors Rental Housing | Loan | Up to 100% loan to cost for residential space and up to 75% loan to cost for non-residential space, with up to a 50-year amortization period | Open |
| Apartment Construction Loan Program: Standard Rental Housing | Loan | Low-cost loan of up to 100% loan to cost for residential space and up to 75% loan to cost for non-residential space, with up to a 50-year amortization period | Open |
| Apartment Construction Loan Program: Student Housing | Loan | Low-cost loan of up to 100% loan to cost for residential space and up to 75% loan to cost for non-residential space, with up to a 50-year amortization period and a fixed interest rate | Open |
| BDC Commercial real estate loan | Loan | Typically starts at $100,000 and can go up to several million dollars | Open |