CHFA Promotes Steve Johnson to Director of Commercial Lending

(DENVER) – Colorado Housing and Finance Authority (CHFA) has promoted Steve Johnson to director of commercial lending. In his new role, Steve will lead CHFA’s multifamily lending, Low Income Housing Tax Credit (LIHTC) allocation, and small business lending teams.

 

Steve began working for CHFA in 1996 as a business finance loan officer. In 1999, he was promoted to manager of business lending production, where he successfully grew CHFA’s production from $10 million to over $100 million annually. Most recently, Steve has strategically guided the small business team’s efforts to diversify and expand the products available to help small businesses access capital following the economic decline. Steve says what drew him to CHFA and continues to be the most rewarding part of his job is the opportunity to do “banking with a mission.”

 

Steve is the vice chair of the Colorado Enterprise Fund, and a board member of the Council of Development Finance Agencies (CDFA), a national organization designed to strengthen and support state and local economic development finance organizations. He graduated from Hillsdale College in Michigan with a Bachelor of Arts degree in marketing and finance. Today, he resides in Broomfield with his wife Lynne and six children.

 

 

CHFA finances the places where people live and work.  Created in 1973 by the Colorado State Legislature, CHFA strengthens communities by making loans to low- and moderate- income homebuyers, affordable multifamily rental housing developers, and small and medium sized businesses. CHFA also provides education and technical assistance about affordable housing and economic development. CHFA is a self-sustaining public enterprise funded by issuing bonds. CHFA issued bonds are not obligations of the state. For more information about CHFA please visit www.chfainfo.com. Contact our Denver office at 1.800.877.chfa (2432), or our Western Slope office at 1.800.877.8450.