Mr. Zimmerman will oversee investment strategy and operations, guiding portfolios and capital deployment across the platform.
San Francisco, April 28, 2026–(business telegram)–impact community capital (“Impact”), a leading affordable housing loan investment manager, is pleased to announce the promotion of Andrew Zimmerman to Chief Investment Officer. In this role, Zimmerman will lead the firm’s overall investment strategy, portfolio management and capital deployment efforts, ensuring continued alignment between Impact’s disciplined investing philosophy and its long-term growth trajectory.
Zimmerman’s promotion reflects his significant contributions to Impact’s growth and underscores the firm’s confidence in his leadership as it pursues its long-term vision. Since joining IMPACT in 2014, Zimmerman has played a central role in building and leading the firm’s affordable housing loan platform, overseeing new product development, investment acquisitions, asset management and strategic partnerships.
Originally founded as a captive manager of some of the country’s largest insurance companies, IMPACT has transformed into a standalone investment platform that provides institutional investors access to complex affordable housing loan investment structures at large scale.
“Andrew has been a key contributor to the growth and maturity of Impact’s investment strategy, bringing a disciplined approach to underwriting, portfolio construction and capital deployment,” said Michael Lohmeyer, CEO of Impact Community Capital. “Andrew’s leadership, discipline and clarity of vision have strengthened Impact’s ability to deliver high-quality investment products for our partners.”
“I am proud to have the opportunity to lead Impact’s investing team in my new role as CIO,” said Zimmerman. “At a time when stability and sustainability matter more than ever, we are focused on delivering sustainable income, thoughtful portfolio construction and long-term value for our partners. I look forward to maintaining our momentum and driving forward Impact’s investing strategy to provide exceptional investment products and services for our investors.”
About Impact Community Capital:
Impact Community Capital (“Impact”) is an insurance company-owned affordable housing loan investment manager with over 26 years of sector-specific experience. Impact’s investment focus spans securitized loans, senior permanent mortgages, bridge loans and construction financing. IMPACT has originated more than $2.8 billion of affordable housing investments and, together with its partners, has helped preserve or create more than 62,000 affordable housing units while providing stable risk-adjusted returns. For more information about IMPACT, please visit impactcapital.net.
