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 $921 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 $127 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 $563 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 $82 million in educational institutions in the
state. This includes $12 million for Boise State University, $11 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 $234 million in mortgages for retail
businesses in Boise, Idaho Falls, Coeur d'Alene and throughout the
state.
Investing in Healthcare
Life insurers provided nearly $44 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.