A big part of the working capital that helps Iowa open its doors to families, invest in new projects and grow its workforce comes from long-term investments by life insurers. Our companies have invested $65 billion in Iowa’s economy with agricultural loans, education bonds, retail mortgages and more. We are here to strengthen communities and families across the Hawkeye State.
- $50 billion in stocks and bonds that help finance business development and create new jobs
- $13 billion in real estate, loans and other investments
- $2 billion in mortgage loans on farms, residential, and commercial property
Investing in Agriculture
Life insurers have invested nearly $740 million in agricultural loans in Iowa. From Adair to Osceola counties and throughout the state, these loans provide the working capital farmers need to upgrade and purchase equipment and expand their land.
Investing in Apartment/ Multifamily
The industry has invested $283 million in mortgage loans for multi- family apartment homes, including $188 million in Des Moines and West Des Moines, helping more individuals and families call Iowa home.
Investing in Office Space
Business and commerce thrive in Iowa in part because of the financing life insurers provide for office space in Des Moines, Ames, Davenport and more. In all, life insurers have invested $205 million in mortgages to help make the Hawkeye State a great place to work.
Investing in Education
Life insurers have invested $118 million in bonds issued by educational institutions in the state – $45 million issued by the Iowa Student Loan Liquidity Corporation, nearly $16 million by the Waterloo Community School District and more than $7 million by the Cedar Falls Community School District, to name a few.
Investing in Industry
With life insurers investing $185 million in industrial mortgages, they are helping support jobs in Iowa City, Ottumwa, Council Bluffs, Des Moines and more.
Investing in Counties and Cities
Life insurers have invested $141 million for capital improvements and other state and local needs in Sioux City, Coralville, Clinton County and cities and counties throughout the state.