Impact Development Fund (CDFI)

Last month, Impact Development Fund’s Chief Executive Officer, Megan Ferguson, Chief Lending Officer, Erica Madison, and Director of Clean Energy, Justin Hill, joined nearly 2,500 CDFI leaders at the Opportunity Finance Network (OFN) Conference in Los Angeles! Celebrating 40 years of advancing economic justice, this year’s theme, 'Made by History. Made for this Moment,' inspired many discussions and insights that we’re excited to bring back to our work in Colorado.

Curious about what we've been up to? Check out Impact Development Fund Insights, our brand-new newsletter, for updates on affordable housing projects, community initiatives and so much more. Click the link below to read the October edition and sign up for our mailing list! https://lnkd.in/g4YGE6S8

Through Colorado's Community Revitalization Grant Program, over $82 million has been invested in creative projects statewide. With 36 projects funded in the first round and 19 more in the second, spaces like Denver’s Cleo Parker Robinson Dance Theatre and Telluride’s Transfer Warehouse are already making an impact. See the full list of funded projects, eligibility info and a project map here: https://lnkd.in/eMfA4rJ.

In October, our team joined Loveland Food Share to support the Food Bank for Larimer County. April Talbot, our Commercial Asset Manager, shared, “This was such a great experience! The Food Bank serves up to 450 people every day - the need for volunteers is immense.” A big thank you to everyone working hard to make a difference!

[RECORDING] Keynote: Funding disaster recovery through a CDFI?? ? Emily Nilsen, Chief Program Officer of Impact Development Fund (CDFI), discusses the pivotal role of Community Development Financial Institutions (CDFIs) in disaster recovery. Emphasizing the need for adaptability throughout the recovery process, she outlines how innovative lenders are stepping up to provide flexible financing and coordinate essential resources. Emily presents IDF’s three-pronged approach, highlighting the key partnerships and evolving programs necessary for effective funding. Learn how tailored financial solutions can empower communities to rebuild and enhance their resilience after disasters.?? ? Watch here: https://lnkd.in/gmyf32er? Catch the audio recording on the How to Disaster Podcast!? ? #WildfireLeadershipSummit #WLS2024 #AfterTheFireUSA #WildfireResilience #LeadershipInAction #CommunityResilience #Sustainability #Megafire?#CDFI ?

The team at Impact Development Fund went all out this Halloween! From fairy tale classics to spooky thrillers, our costumes brought the fun to the office. ??

?? 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