ANNIE DONOVAN
Chief Operating Officer
Local Initiatives Support Corporation

Annie’s distinguished career in community development and impact investing includes serving as Director of the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). Prior positions include:

• Senior Fellow at the Beeck Center for Social Impact and Innovation at Georgetown University
• Senior Fellow at the Center for Community Investment at the Lincoln Institute of Land Policy
• CEO of CoMetrics, Inc;
• Senior Policy Advisor to the White House from 2012-2013, working collaboratively with the Office of Social Innovation and the Council on Environmental Quality; and
• Chief Operating Officer of Capital Impact Partners, a certified CDFI

Annie has also been a thought leader and a board member of many of the highest performing organizations in the community development sector.

She has published papers and articles for the National Academy for Public Administration, the Federal Reserve Bank of San Francisco, the Federal Reserve Bank of Boston, Forbes, the Skoll World Forum on Social Entrepreneurship, and the Milken Review and was a contributor to the upcoming Surgeon General Report on Community Health and Economic Prosperity.

She has an undergraduate degree in Economics and an MBA in Finance.

A Community Development Financial Institution (CDFI) is a designation given by the United States Department of the Treasury. CDFIs provide financial products and services to populations and businesses in underserved markets.

INHP uses its designation to access special programs and funding exclusive to CDFIs, including:

Financial Assistance (FA) - competitive award

INHP has been awarded more than $5.2 million under the FA program since 2010 to support single-family mortgage lending and community lending products and services.

New Markets Tax Credits (NMTC) - competitive award

We've been awarded two NMTC allocations since 2017 to build more than nearly 70 affordable homes for sale in Marion County.

CDFI Rapid Response Program - formula-based award

This non-competitive award was given to all certified CDFIs that applied in 2021. We used our funds to support Community Lending efforts and launch our Market Expander consumer lending program.

There are always new and developing funding opportunities for CDFIs, and INHP evaluates each opportunity on an ongoing basis as we seek to understand how they might intersect with the housing needs in our city.

INHP is committed to sharing timely research and data with  many audiences at the national, state and local level.

View our most recent research briefs below, or browse our full research library here.

• Appraisal Bias
• Gap in Homeownership Rates
• Housing Cost Burden
• Housing to Income Ratio
• Mortgage Refinancing
• Supply Chain Issues in Housing
• Trends in Home Mortgage Disclosure Act (HMDA) Data
• Wealth Gap