Two development funds merge to create IDF

FORT COLLINS — Funding Partners of Fort Collins and Mile High Community Loan Fund of Denver have merged to form a new organization: Impact Development Fund (IDF).

IDF is a nonprofit financial institution that creates economic opportunity by delivering flexible capital to strengthen under-served Colorado communities.

IDF builds relationships with investors to make loans that deploy capital where it is most needed to transform neighborhoods and empower fellow members of the community. Investors include banks, government entities and social investors across Colorado so that low income individuals, households and communities can experience economic…