Funding Partners Logo

Funding Partners History

Incorporated in 1996 as a 501c3 non-profit and subsequently certified as a Community Development Financial Institution (CDFI) in 1999 by the Department of the Treasury, Funding Partners (FP) is governed by a volunteer Board of Trustees representing human service providers, housing agencies, public officials private enterprise and financial institutions.

Originally envisioned as a revolving loan pool to promote availability of safe, adequate housing affordable to working households in the Fort Collins-Loveland market, FP received start-up funding and initial loan capital from both cities to leverage private investment from banks and other private-sector entities. Under the Mammel Affordable Housing Loan Fund, project financing is available for both non-profit and for-profit private sector borrowers.

In 1999, the House to Home Ownership (H2O)® program was introduced as a more flexible option for first-time buyers in need of assistance to acquire their home. In 2003, FP expanded its geographic market to include the entire state in recognition of the markets served by bank investors and lack of adequate resources in rural areas. To better utilize sophisticated systems and procedures, FP began offering third-party loan services with the introduction of the Employee Home Ownership Program (EHOP)® and contractual relationships with local housing agencies.