All posts by: Impact Development Fund

by in Events, Industry News, Uncategorized

FirstBank Commits $60 Million to Support Affordable Housing Initiatives Across Colorado

Bank partners with Habitat for Humanity Colorado and Impact Development Fund to strengthen communities through homeownership amid economic challenges   LAKEWOOD, Colo., Sept. 29, 2020 (GLOBE NEWSWIRE) — FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced a $60 million commitment to help mitigate the affordable housing crisis […]

by in Uncategorized

IDF Bridge Financing Preserves 137 Units of Rural Affordable Housing

LOVELAND, Colo. (January 16, 2020) – Impact Development Fund (“IDF”), a nonprofit community development financial institution has partnered with Cardinal Capital Management, Inc. (“Cardinal”), a social impact developer who specializes in new construction, acquisition, rehabilitation and the preservation of special needs and low-income housing. IDF financed $2.74M of the acquisition costs necessary to purchase three […]

by in Uncategorized

IDF Partnership with Greeley-Weld Habitat for Humanity Supports New Development

LOVELAND, Colo. (December 30, 2019) – Impact Development Fund (“IDF”), a nonprofit community development financial institution, is pleased to announce it has partnered with Greeley-Weld Habitat for Humanity to support its predevelopment and construction activities within the City of Greeley, City of Evans, Town of Milliken and unincorporated Weld County. Two Greeley-Weld Habitat for Humanity […]

by in Industry News

IDF Deploys First Capital Magnet Fund Loan to Jefferson County Housing Authority

LOVELAND, Colo. (October 18, 2019) – Impact Development Fund (IDF), a nonprofit financial institution which creates economic opportunity by delivering flexible capital to strengthen underserved Colorado communities, is pleased to announce its first deployment under the Capital Magnet Fund (CMF) program to restructure the financing of Jefferson County Housing Authority’s (JCHA) Caesar Square Apartments. The […]

by in Events, Industry News

IDF and CHFA Invest in Preservation and Resident Ownership of Longmont Mobile Home Community

August 21, 2019 (DENVER) – Colorado Housing and Finance Authority (CHFA) is pleased to announce it has partnered with ROC USA® Capital and Impact Development Fund on a unique transaction to support the preservation of The Longmont Mobile Home Community (Longmont MHC) by converting its structure to a resident-owned cooperative. This cooperative (LMP Co-op) eliminates the homeowners’ risk […]

by in Industry News

IMPACT DEVELOPMENT FUND AWARDED $5 MILLION GRANT FROM U.S. TREASURY COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND

LOVELAND, Colo. (April 30, 2019) – Impact Development Fund (IDF), a nonprofit financial institution which creates economic opportunity by delivering flexible capital to strengthen underserved Colorado communities, is pleased to announce it has received a $5 million Capital Magnet Fund (CMF) Award from the United States Treasury’s Community Development Financial Institutions Fund (CDFI Fund). The […]

    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