1. FirstBank, Urban Land Conservancy, Colorado Health Foundation, The Denver Foundation and Colorado Housing and Finance Authority Partner to Launch $50 Million Metro Denver Impact Facility

    FirstBank, Urban Land Conservancy, Colorado Health Foundation, The Denver Foundation and Colorado Housing and Finance Authority Partner to Launch $50 Million Metro Denver Impact Facility

    As a response to the current real estate affordability crisis in the Denver region, FirstBank, Colorado Health Foundation (CHF), The Denver Foundation (TDF), Colorado Housing and Finance Authority (CHFA) and local nonprofit Urban Land Conservancy (ULC), have launched the Metro Denver Impact Facility (MDIF).

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  1. Quotes

    1. FirstBank believes in doing what's right for our communities and our customers. This is one of many reasons why we're thrilled to launch the Metro Denver Impact Facility, and ensure residents, nonprofits and schools have access to affordable housing/facilities and no longer run the risk of being displaced.
    2. MDIF is an excellent tool to further ULC's mission of preserving, acquiring and developing real estate for long term community benefit.
    3. Working together with partners to help address affordability issues is core to CHFA's mission, and MDIF represents the kind of collaboration and innovation needed to strengthen communities. CHFA is proud to invest $2.5 million in capital for this new resource to support affordable housing and community development.
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