Thea Stemple

My main responsibilities as the LEAP Impact Fund Administrator at leap housing are… 

LEAP Housing Impact Fund Administrator, a Community Development Financial Institution (CDFI), created to help develop and preserve affordable housing throughout the state of Idaho by deploying capital to the communities and projects that we serve. My responsibilities are to ensure compliance with program guidelines, maintain metrics, based on outcomes, co-develop a pipeline of deployment opportunities as well as support fundraising efforts and resource growth through grant applications and other types of CDFI funding opportunities.

When I’m not working I am…

Enjoying the outdoors. Spending time with my two sons, and our two dogs. Listening to all kinds of music. I also love watching documentaries.

I’m in nonprofit, and specifically inspired by LEAP because…

One of my dearest dreams, in my early twenties, was to own my own home. I wanted to reach this goal by the age of thirty. In 2011 I purchased my first home, at the age of 29, for $145,000. It was a five bedroom, three bath house. My mortgage was $750 per month. I felt incredibly blessed. Today, in our local market, a home of this nature would cost close to $500,000, which is unattainable for most young households in the state of Idaho. My oldest son, who is now 21 years old, will not have the same housing opportunities that were available to me. LEAP not only creates affordable housing communities, they also assist individuals with realizing the dream of home ownership through down payment assistance programs, and low interest loans. This is something that is absolutely dear to me.