How to Apply

2016 and Early 2017 Application Deadlines (Applications are due by 9:00 pm – Pacific Standard Time)

February 1, 2016 for a decision on February 25, 2016
March 11, 2016 for a decision on April 14, 2016
April 22, 2016 for a decision on May 26, 2016
June 17, 2016 for a decision on July 7, 2016
July 25, 2016 for a decision on August 18, 2016
August 26, 2016 for a decision on September 29, 2016
October 21, 2016 for a decision on November 10, 2016
November 21, 2016 for a decision on December 15, 2016
January 6, 2017 for a decision on January 26, 2017
February 27, 2017 for a decision on March 16, 2017

Ready to apply for an ALF Loan?

Step 1: Select the type of loan you wish to apply for.

Step 2: Gather your financials, usually including:

  • Current Year Operating Budget
  • Current Year to Date Financial Statements for the most recently ended month
  • Prior Fiscal Year End Financial Statement (Audited statements or California Data Project reports accepted)
    *Note: Some types of loans require additional financials. See the individual loan application for details.

Step 3: Gather other documents about your organization and your request, including:

  • Board Roster with affiliations
  • Proof of Collateral (such as signed contracts and grant award letters)

Step 4: If you are requesting a loan greater than $10,000, download and complete these two mandatory forms:

Step 5: Get a resolution from your board of directors approving this application and, if approved, the loan. Here is a sample Board Resolution you can download and customize, or use your own Board resolution format as long as it takes the same actions as our sample.

Step 6: Complete the online application, including the uploaded attachments as requested. Applicants with fiscal sponsors require:

  • Year to date and most current year-end financial statements from both the applying and the sponsoring organizations, and
  • A copy of the current fiscal sponsorship agreement between the applicant and the sponsor.

Step 7: All applications received are reviewed by the Loan Program Specialist, who will call to conduct a phone interview with the applicant contact, executive director, or board officer. You may be asked for additional information during this review.

Step 8: Complete, eligible applications are forwarded to the ALF Steering Committee, for their review. See the top of this page for upcoming meeting dates.

Step 9: Applicants are informed of the Steering Committee decision shortly after the meeting.

Step 10: Once a loan application is approved, loan funds are usually available to applicants within two business days at an in-person meeting. Both the organizational leader and board officer are required to attend this meeting.

 

Make sure your application is complete by going through the ALF Application Checklist.