Mile High Community Loan Fund (MHCLF) and Funding Partners for Housing Solutions (FP) were Community Development Financial Institutions (CDFIs) in Colorado. MHCLF and FP worked in close collaboration over the years to maximize availability of capital for the benefit of low- and moderate-income households across Colorado. SeaChange-Lodestar Fund for Nonprofit Collaboration provided a grant for the two entities to consolidate governance and management activities. In removing operational redundancies, the resulting organization, known as the Impact Development Fund, has been able to recognize efficiencies to better leverage resources while maintaining the goodwill that led to their individual success.
Grant Amount: $10,000
Year Granted: 2016
Grantee: Mile High Community Loan Fund (MHCLF)
Location: CO - Colorado
Grantee Website: Impact Development Fund