IMPACT Community Capital promotes Zimmerman to MD

IMPACT Community Capital, an investment manager with a 25-year track record in affordable housing debt, has announced that Andrew Zimmerman has been promoted to Managing Director, Investments.

In his new role, Zimmerman will oversee the firm’s investment strategy, deal sourcing, and execution, further positioning IMPACT as a premier platform for investors seeking competitive, risk-adjusted returns in the affordable housing credit sector.

Zimmerman joined IMPACT in 2014 and has been a driving force behind several of the firm’s most complex and successful initiatives. He’s played a key role in developing innovative vehicles that align with investor needs, including IMPACT’s collaboration with Freddie Mac on the first Q-Series issuance, bringing the liquidity of agency financing to a wider range of affordable multifamily lenders and properties.

“Andrew has brought crucial expertise and creativity to the platform,” said Michael Lohmeier, President and CIO, IMPACT Community Capital. “His leadership has been essential to our growth and ability to scale differentiated opportunities in underinvested communities across the country while delivering value to investors.”

A seasoned investment professional, Zimmerman has more than 15 years of experience in the financial industry. Before joining IMPACT, he worked for Metropolitan Real Estate Equity Management, where he evaluated equity real estate and fund investment opportunities. Zimmerman also previously worked for Piper Jaffray in the public finance group where he structured municipal bonds for a variety of issuers across the Western US.  His work in public finance and real estate roles shaped his appreciation for both financial innovation and social impact.

“Affordable housing debt offers a compelling combination of stable income, derived from properties with strong supply and demand characteristics, scalability, and proven access to liquidity through the capital markets, which benefits investors,” said Zimmerman. “I want to ensure that IMPACT continues to deliver well-structured opportunities that optimize value while maintaining disciplined credit underwriting.”

Under Zimmerman’s leadership, IMPACT aims to further enhance portfolio management, expand lending strategies, and strengthen its market position.