Craft3 President Adam Zimmerman has been with the organization for 15 years and a member of the executive management team since 2011. Prior to accepting the President role, Adam served as Executive Vice President guiding organizational growth, consumer lending, external affairs and brand management. When Adam started with Craft3 in 2002, the organization managed $8 million with a staff of 10, and his early work in rural economic development focused on organic farms and food systems businesses.
In 2009 Adam launched Craft3’s energy efficiency lending program. In conjunction with the Cities of Portland and Seattle, this program has financed over 3,000 home upgrades, and provided over $46 million in financing using on-bill repayment to service most loans. The program has been touted as a model for energy efficiency finance, and has been promoted both domestically and internationally as a promising method for creating economic opportunity, promoting energy independence and reducing greenhouse gas emissions.
Craft3 is a nonprofit Community Development Financial Institution (CDFI), providing loans that strengthen businesses, families and the environment throughout Oregon and Washington. With capital support from financial, philanthropic and religious institutions and corporations, government agencies and accredited individual investors, Craft3 has invested more than $400 million in Northwest communities since 1994.