At Impact Development Fund, we believe in opportunity –
for everybody.

Impact Development Fund’s mission is to help people within our underserved communities seek fulfillment for themselves and their families by providing access to affordable living. We create these opportunities by delivering flexible capital to nonprofit organizations, developers and others who support the underserved. Together, by lifting up the people in our communities, we strengthen Colorado.

What We Do

Impact Development Fund supports projects that bring together multi-faceted community stakeholders including nonprofit organizations, developers, community banks, individuals and local and state government. Starting with strategic planning for future projects, through the application process to ultimately securing financing, we help overcome obstacles to ensure critical Colorado community projects can break ground.

Our Impact

For 20+ years, we have provided economic development financing and technical assistance across the housing spectrum, creating a lasting legacy of affordable housing throughout the state.

IDF supports both retail and commercial financing.

Retail

We offer financial products to those seeking to acquire, rehabilitate or improve the energy efficiency of their primary residence.

Commercial

We provide financing to nonprofit, for-profit and local agency developers seeking to expand and improve the inventory of rental and owner-occupied housing.

As a nonprofit Community Development Financial Institution (CDFI) certified by the United States Treasury, and as an approved CRA (Community Reinvestment Act) institution, IDF works with social impact investors, local municipalities’ housing and financing authorities across Colorado, nonprofit organizations such as Habitat for Humanity, other CDFIs and traditional banks. Our goal is to guide these partners along the path beginning with strategic vision to project financing and fruition.

Who We Are

Impact Development Fund is a team is of talented and motivated individuals who are passionate about what we do and the Colorado communities we serve. We believe firmly in our mission and are committed to give our all to improve the quality of life for the great diversity of underserved residents who choose to call Colorado home.

Sean Doherty

EXECUTIVE DIRECTOR

CFA, CPA

Sean Doherty is the Executive Director of Impact Development Fund (IDF), a Colorado-focused Community Development Financial Institution (CDFI) located in Denver. IDF has been providing financing capital throughout the state since 1999 in support of affordable housing and nonprofit facilities projects.

Sean moved to Colorado from Maryland in 2015 where he spent over 25 years in commercial banking, brokerage and community development finance. Prior to joining IDF, Sean was the CFO for Baltimore Community Lending, another CDFI focused on the development needs of the City of Baltimore. He maintains designations as a CPA and CFA.

Sean currently lives in Northern Colorado with his wife and the 3 youngest of his 6 children.

Megan Ferguson

DIRECTOR OF OPERATIONS

Originally joining Impact Development Fund (then Funding Partners) in 2008, Megan brings a background in marketing, retail banking and residential mortgage lending. Utilizing these strengths, Megan oversees program design, loan origination and servicing operations, and processes and policies. As Director of Operations, Megan is responsible for informing and overseeing implementation of micro and macro organizational operations strategies.

Megan currently holds board and committee positions with Neighbor to Neighbor, Windsor Housing Authority, and the Habitat for Humanity of Colorado Finance Committee. Megan holds a Bachelor of Science Degree in Business Administration and Marketing from Colorado State University, and is a licensed Mortgage Loan Originator in the State of Colorado.

Megan currently lives in Northern Colorado with her husband and three children.

Paul Bunyard

DIRECTOR OF LENDING

Paul Bunyard joined IDF as the Director of Lending in the fall of 2020. Mr. Bunyard oversees development and execution of capacity building initiatives supporting community development organizations and their vision to create, preserve or rehabilitate affordable housing throughout Colorado.

Prior to joining IDF, Paul previously held positions with BBVA, City and County of Denver’s Office of Economic Development, Albina Community Bank, a well rated Community Development Financial Institution, Cowlitz Bank, Bank of the West, and 1st National Bank of Omaha.

Paul currently holds board positions with Colorado Enterprise Fund and the Arvada Urban Renewal Authority. He earned a bachelor’s degree in Business Administration from Colorado State University, master’s certificate in Real Estate Development from Portland State University and Commercial Lending Certification from the Commercial Banking School in Reno Nevada.

Whitney Fraughton

LOAN PROGRAM MANAGER

Contact For: Single Family Loan Programs, Program Management and Single Family Loan Applications

Gina Winterhalder

LOAN SERVICING MANAGER

Contact For: Loan Account Activity, Monthly Payments, Payoff Requests and Lender Portfolio Management

Shanti Long

ACCOUNTING & FINANCE MANAGER

Contact For: Agency Financials, AR/AP, Invoices

Coren Hanscome

SR. LOAN SPECIALIST

Contact For: City of Fort Collins EPIC program and Single Family Loan Applications

Rachel Tweedy

LOAN SPECIALIST

Contact For: Elevation Community Land Trust application and eligibility.  

Kathy McKinney

LOAN SPECIALIST

Contact For: Single Family Loan Application Intake, Loan Applications in Process, and Loan Subordination Requests

Connie Ealey

CREDIT & COMPLIANCE SPECIALIST

Contact For: Commercial Loan Processing, Closing and Compliance

Jessica Taft

SERVICING SPECIALIST

Contact For: Monthly loan payments, statements, homeowners insurance and payoff statements.

2021 Board Members

Scott Horton (President)
VP, Community Lending and Investment
Wells Fargo Bank
Mark O’Connor (Vice President)

Senior VP, Director of Investment
FirstBank Holding Company

Debra Bustos (Secretary)

Deputy Director
Department of Housing Stability

Randy Ilich (Treasurer)

Vice Chairman
Colorado Federal Savings Bank

Beth Truby

Preservation Program Manager
Colorado Housing and Finance Authority

Stephen Wessler

Senior Vice President
CBRE Capital Markets

Kristin Candella

Executive Director and CEO
Fort Collins Habitat for Humanity

John Pike

Senior Vice President
Manager Commercial Real Estate

Khanh Nguyen

Portfolio Director‐Healthy Living
Colorado Health Foundation

Micah Halverson

Partner
Kutak Rock LLP

Becky Christoffersen

Chief Investment Officer
Midwest Housing Equity Group

Mary Stegner

Executive Director                                Partners in Housing

Annie Perizzolo

CRA Loans & Investment Manager   American Express

2021 Committee Members

LOAN COMMITTEE

Mark O’Connor (Board Member)

Senior VP, Director of Investment
FirstBank Holding Company

Stephen Wessler

Senior Vice President
CBRE Capital Markets

Erin O’Neill

Vice President ‐ Underwriting
Berkadia

Michael Reis

Real Estate Development Manager                  Thistle

Becky Christoffersen

Chief Investment Officer
Midwest Housing Equity Group

Lisa Bloomquist Palmer                          Executive Director                                            HomesFund

Bob Munroe                                                Principal                                                              RMM Advisors

FINANCE COMMITTEE

Randy Ilich (Treasurer)

Vice Chairman
Colorado Federal Savings Bank

Shane Houska

Senior Manager
Commercial & Private Banking Credit Analysis
First National Bank

Annie Perizzolo

Portfolio Manager
BBVA

Erik Frandsen

Vice President, Commercial Real Estate
TCF National Bank

Abby Murray

Housing Investment Consultant                              Weave Social Finance

    At Impact Development Fund, we have a passion for helping people. In Colorado, there are too many under-served communities. We've made it our mission to assist these communities by providing loans to non-profits, families, and developers.

    ADDRESS

    200 E. 7th St., Suite 412
    Loveland, CO 80537

    PHONE

    (970) 494-2021

    EMAIL

    info@impactdf.org