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C. FRED CORNFORTH, Chief Executive Officer
As Executive Director, Fred develops and maintains the vision and mission of CDI. As development and construction projects expand and multiply, he oversees site development and development team make-up, company marketing, customer service, office management, corporate sponsorships, and approves all financial obligations. Always striving for good partnerships, he seeks new opportunities and strategic alliances with other companies and organizations.
Fred also plans, develops, and establishes policies and objectives of the organization in accordance with board directives and the company charter. As the prospects for new community and international developments arise, he is responsible for directing and coordinating financial programs to provide funding. Each department head is responsible for reporting to him as corporate needs dictate.
Fred is a prolific developer with experience using Low-Income Housing Tax Credits, HOME Funds, USDA-Rural Development Sections 515 and 538 programs, Section 523 Mutual Self-Help, Section 502 homeownership and Section 504 home rehabilitation programs, and HUD programs such as Section 202, Section 811, SHOP and Supportive Housing Program (transitional housing). Fred also received certification from the Neighborhood Reinvestment Training Institute for “Developing with Low-Income Housing Tax Credits.” He has had good success in implementing several Federal Home Loan Bank Programs as well. He has directed the creation of a system that is generating about 1200 new units per year, with another 1500 to 2000 per year in pre-development. |
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FRED FREE, Regional Development Officer
Fred has worked in the field of affordable housing for over 20 years. He spent over 11 years with the City of Phoenix Housing Department where he gained valuable experience in all aspects of HUD’s public housing programs and housing development programs. While with the City, he was given primary responsibility for implementing its HOME Program and allocating over $4 million per year in grants and loans. His role with the City also gave him experience in homeless housing programs, tax-exempt financing, working with banks in lending partnerships, and detailed knowledge of the world of nonprofit housing and service organizations.
Prior to assuming his current role with CDI, Fred spent 5½ years as Manager of the Grant Programs Department at Idaho Housing and Finance Association. In this role he oversaw commitments of more than $30 million in HOME funds resulting in the development of over 1,300 units of affordable housing, and a 600% increase in homeless funding and activities in the state. He also had the primary responsibility for production of Idaho’s Consolidated Plan.
Fred has principal responsibility for applications for Housing Tax Credits and HOME funds. He brings to CDI considerable knowledge regarding resources available to help construct affordable housing along with a commitment to helping CDI meet the needs of the very low, low-income and moderate-income families. Fred insists on the efficient use of resources while striving for the highest quality results, qualities which make him an ideal fit for his role with CDI. Fred has a B.A. in Psychology and also earned an M.A. in Theology from Fuller Theological Seminary. |
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CHRIS COLLETT, Chief Construction Manager
Chris joined CDI in June 2005 and brings to our team 10 years of experience as a Project Manager, with proven skills in construction estimating, scheduling, contract negotiations with owners and subcontractors, and problem-solving. Chris has managed construction of commercial projects for McDonald’s Corporation, Jack-in-the-Box Corporation and multifamily tax credit projects for three different Idaho developers. He has also served as Superintendent and Project Manager for a builder of tax credit apartment complexes. Chris graduated from Boise State University with a B.S. in Construction Management and a minor in Business. |
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BRAD CARPENTER, Director (IDAHO)
Brad is the Director of IDAHO, Inc. He is leading our Single Family Team into a growth phase with his experience in management and lending. Brad has worked in the banking industry for approximately 15 years. He gained experience in branch management and consumer lending while employed with First Security Bank/Wells Fargo. Brad has served on the Board for the American Institute of Banking and has also served as the President of the Pocatello Kiwanis Club. Brad received a BBA in Business with an emphasis in Finance from Idaho State University. |
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PAUL OPP, Director of International Relations for Service Station
Service Station is a branch of CDI, whose mission is to provide housing and supportive services to those in need. As Director of International Relations for Service Station, Paul coordinates the financing and provision of the desperately-needed supportive services for children living on the street in Peru and in an unheated orphanage in Russia, which includes, but is not limited to, providing medical facilities, staff and supplies, clothing and nourishing food. In previous years, Service Station coordinated the development and construction of orphanages in Guatemala, Mexico and the Dominican Republic. The needs of children and families in third world countries are overwhelming. Following a pleasure trip to Peru with his daughter and a fact-finding trip to Russia, Paul has devoted his life to meeting these needs. |
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