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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. DOWNLOAD THE LOAN APPLICATION