A big part of the working capital that helps Idaho 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 $30 billion in Idaho’s economy with agricultural loans, education bonds, residential and retail mortgages and more. We are here to strengthen communities and families across the Gem State.
- $23 billion in stocks and bonds that help finance business development and create new jobs
- $4 billion in real estate, loans and other investments
- $3 billion in mortgage loans on farms, residential, and commercial property
Investing in Agriculture
Life insurers have invested $920 million in agricultural loans in Idaho. From barley to hops, cattle to milk, these loans provide the working capital farmers need to help produce more than 185 commodities across the state.
Investing in Infrastructure
Life insurers have invested more than $107 million in bonds for transportation and utilities, helping to ensure the state has the infrastructure in place for the needs of today and tomorrow.
Investing in Apartment/Multifamily
The industry has dedicated $413 million in mortgage loans for multi-family units and apartments, helping individuals and families to call the
Gem State “home.”
Investing in Education
Life insurers have invested $57 million in educational institutions in the state. This includes $12 million for Boise State University, $10 million in the Twin Falls County School District, $10 million in the Canyon County School District, and millions of dollars more in education-based investments throughout the state.
Investing in Retail
Life insurers have invested $169 million in mortgages for retail businesses in Boise, Idaho Falls, Coeur d'Alene and throughout the state.
Investing in Healthcare
Life insurers provided nearly $46 million in financing for the state’s Health Facilities Authority, which ensures nonprofit and public hospitals, clinics and nursing facilities can access the funds they need to upgrade their facilities, purchase new equipment and help keep even more Idahoans healthy.