Impact Development Fund (CDFI)

🏡 Partner Highlight: We're proud to partner with Greeley-Weld Habitat for Humanity to make affordable housing a reality. Together, we've originated over 110 mortgages and supported multiple projects, most recently Hope Springs. This 42.3-acre development will bring nearly 500 homes to Greeley by 2029, helping more families achieve stability and opportunity.

Impact Development Fund is honored to have been awarded $1.25 million in CDFI Financial Assistance (FA) from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund)! As one of only three CDFIs in Colorado to receive this competitive award, we’re grateful to continue supporting communities as a lender, partner and community builder.

We love seeing these projects come to life! Congratulations all!

At Impact Development Fund, we’re committed to projects that drive long-term community change. We’re proud to join forces with Enterprise Community Loan Fund in financing Urban Peak's Mothership shelter in Denver, which will provide essential housing and support services for over 600 homeless youth annually. This project offers much more than shelter—by providing case management, access to education and employment support, it empowers young people to build sustainable futures. Learn more about this impactful initiative: https://lnkd.in/gsCyEbvG

Did you know that the Legacy Crossing project with Loveland Housing Authority is helping bring 319 affordable housing units to life? With 44 units being developed by Impact Development Builders, these homes will be 100% electric and ready for future solar panel installation. Discover more about this exciting project in our 2023 Annual Report: https://lnkd.in/duCYfPbU

We’re proud to announce the groundbreaking of the Rifle Apartments in Rifle, CO—a 60-unit, 100% affordable multifamily housing project. This development is supported by Capital Magnet Funds from Impact Development Fund. With affordable units ranging from 30% to 80% AMI, this project directly addresses the region's critical housing needs. Rifle Apartments will also feature modern amenities and align with Rifle's long-term sustainability and development goals. Read more about this impactful project: https://lnkd.in/dU5EH2fX Photo credit: Evergreen Real Estate Group.

As we celebrate the 47th anniversary of the Community Reinvestment Act today, let’s ensure it continues to encourage banks to partner with CDFIs, expanding economic opportunities in underserved communities and increasing access to affordable housing. At Impact Development Fund, we’re committed to ensuring these efforts continue to help communities thrive for years to come. #ProtectCRA #JustEconomy #AffordableHousing #EconomicOpportunity Learn more: www.ncrc.org/cra

In 2023, Impact Development Fund made meaningful strides in commercial financing, helping to create affordable housing solutions that make a real difference in our communities. We're proud of the impact we've made and look forward to continuing this important work together. Learn more about our 2023 projects and impact in our annual report: https://lnkd.in/duCYfPbU

Impact Development Fund is honored to have contributed funding toward the Fitzsimons Gateway Affordable Housing Community, which recently broke ground in Aurora, CO. In collaboration with BMC Investments, Mile High Development and other key partners, we are helping provide 210 affordable units for families and individuals. We’re proud to play a role in making impactful projects like this possible through our financial support. Read more about this project here: https://lnkd.in/gaNUYnka

Our partnerships are at the heart of everything we do. In 2023, we worked with the Community Foundation Boulder County to support families affected by the Marshall Fire, deploying over $8M in Rebuild Grants. Together, we’re helping communities recover and thrive. Read more about this in our 2023 Annual Report: https://lnkd.in/duCYfPbU