golfers raise $75,000 for rocky mountain microfinance institute

(DENVER) - Colorado Housing and Finance Authority’s (CHFA) annual David W. Herlinger Golf Tournament raised $75,000 for Rocky Mountain MicroFinance Institute (RMMFI) on Wednesday, August 31, 2022. RMMFI is a Denver-based nonprofit and Community Development Financial Institution that creates the space for communities and people of all backgrounds to realize their unique potential through the power of entrepreneurship.

"RMMFI is grateful for our ongoing partnership with CHFA as we work together to invest in our Colorado communities. We were honored to be chosen as the beneficiary of this year’s golf tournament. Community is at the heart of what we do, and the CHFA community continues to work alongside us to activate even more entrepreneurial potential across the state,” said Jessica Sveen, RMMFI interim CEO.

RMMFI invests in entrepreneurs’ personal and business development through a proven mix of classroom, coaching, capital, and community. Since 2008, RMMFI has supported the launch or expansion of over 370 businesses in Denver, Aurora, and the San Luis Valley. Ninety percent of RMMFI-supported businesses are owned by women and/or people of color.

“RMMFI plays an important role in building strong communities and strengthening local economies by using its holistic approach to support entrepreneurs and advancing equity for those who are marginalized and face more barriers to business ownership than others. CHFA believes that everyone should have the opportunity for economic prosperity and RMMFI’s work exemplifies this vision. Congratulations to RMMFI and thank you to all who participated to raise funds to support this empowering organization,” said Jaime G. Gomez, CHFA deputy executive director and chief operating officer.

Since 2004, CHFA’s annual golf tournament has raised proceeds to benefit a local nonprofit whose work coincides with CHFA’s mission of affordable housing and community development. The 2022 tournament was held at The Fossil Trace Golf Course in Golden, Colorado. The event is named in memory of CHFA’s former Executive Director, David W. Herlinger, who passed away in 2012. It serves as a reminder of his passion for the game of golf, and for helping local nonprofit organizations whose work supports affordable housing in Colorado.

Thank you to the 2022 tournament sponsors: Advantage Capital, Alliance Construction Solutions, BofA Securities, Barclays, Brean Capital, Citi Community Capital, Computershare Corporate Trust, CSG Advisors, Dominium, First Bank, HDS Companies, Janeway Law Firm, Jefferies, JHL Contractors, Kutak Rock, Lument, One Touch Point, Palace Construction, Pinkard Construction, RBC Capital Markets, Sherman & Howard, St. Charles Town Company, Stifel, Swap Financial Group, Taylor Kohrs, The Argyle, US Housing Consultants, Wells Fargo, and Zions Bank Corporate Trust Past beneficiaries of CHFA’s golf tournament include:

2021: Second Chance Center;
2020 (virtual): Mt. Carmel Veterans Service Center;
2019: The Empowerment Program;
2018: Arrupe Jesuit High School;
2017: Saint Francis Center;
2016: Volunteers of America Colorado Branch;
2015: Mercy Housing Colorado;
2014: Habitat for Humanity of Colorado;
2013: Habitat for Humanity of Metro Denver;
2012: HomeAid Colorado;
2011: Rebuilding Together Metro Denver and Rebuilding Together Colorado Springs;
2010: The Gathering Place;
2009: Porter-Billups Leadership Academy;
2008: Warren Village;
2007: Urban Peak and Energy Outreach Colorado;
2006: Senior Housing Options;
2005: Food Bank of the Rockies; and
2004: Colorado Coalition for the Homeless.

About CHFA
CHFA strengthens Colorado by investing in affordable housing and community development. Created in 1973, CHFA invests in affordable homeownership, the development and preservation of affordable rental housing, helps small- and medium-sized businesses access capital, offers technical assistance and financial support to strengthen local communities, and supports mission-aligned nonprofits through philanthropic investment. CHFA is a self-sustaining public enterprise. CHFA issued debt is not the obligation of the state. For more information about CHFA, please visit chfainfo.com or call 1.800.877.chfa (2432).

About RMMFI
Rocky Mountain MicroFinance Institute (RMMFI) creates the space for communities and people of all backgrounds to realize their unique potential through the power of entrepreneurship. Since 2008, RMMFI’s holistic mix of education, capital, mentorship, and community has supported the launch or expansion of over 370 small businesses in Colorado, 90% of which are owned by women and/or people of color. RMMFI is a 501(c)(3) and a certified Community Development Financial Institution (CDFI). To learn more about RMMFI and how to get involved, please visit rmmfi.org or call 720-941-5037.

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