• Home
  • Loans
    • Borrowers
    • Investors
  • Projects and Stories
  • Our Story
  • Contact us
  • Loans
    • For Borrowers
    • For Investors
  • Projects & Stories
  • Our Story
  • Contact Us

Our story

Founded in 2000 as Idaho-Nevada CDFI to help fund economic development and affordable housing initiatives, our mission has expanded to include financing for a broad range of community development projects crucial to assisting areas throughout the West impacted by poverty.

dot-grid-red

What we do

In addition to a full spectrum of community development loans, we also provide development services to applicants, borrowers and the communities they serve. We have found that combining project-specific technical assistance with low interest financing is the most effective way to ensure a project’s success. Specifically, we offer:

  • Financing for affordable housing, community facilities and community economic development projects
  • Direct short and long-term loans
  • Financial structuring and capital fund management for large projects or multi-year initiatives
  • Financial analysis of social purpose real estate projects
  • Building partnerships with other lenders, government agencies and the philanthropic sector
  • Technical assistance to applicants

Major accomplishments

2000
2001
2006
2008
2010
2014
2018
2020
2020
2021
2022
2025
2025

Founded as the Idaho-Nevada CDFI

Designated a Community Development Financial Institution by the U.S. Treasury

Moved headquarters to Boise, Idaho

Grew to more than $20 million in total assets

Closed our 50th loan for a total of more than $44 million in lending

First CDFI member of the Federal Home Loan Bank, Seattle

Board approves expansion to serve eight states in the Intermountain West

20th Anniversary

Opened Phoenix, AZ office

Financed HOPE Clinic, our first Community Facility loan

Closed our 100th loan for a total of more than $112 million in lending

Total assets reached over $69 million

25th Anniversary

NewWest is a United States Department of Treasury CDFI Fund, designated Community Development Financial Institution, and Community Development Entity. We are a nonprofit 501(c)3 organization with a board of directors drawn from the banking and community development industries.

Download NewWest’s Commitment to Equal Opportunity for All
 

Staff and Board

Our success is directly related to the dedication, expertise and teamwork of our staff and board of directors.

  • Staff
  • Directors
  • Legal
  • Financial
Staff

Dutch Haarsma
President
Phone: 208-348-5481
Fax: 208-575-3020
Email: Dutch@newwestcapital.org

Cindy Williams
Senior Vice President
Phone: 208-323-1545
Fax: 208-575-3020
Email: Cindy@newwestcapital.org

Alex Bardaweel
Community Development Loan Officer
Phone: 602-922-6690
Fax: 208-575-3020
Email: Alex@newwestcapital.org

Jane Pavek
Community Strategy & Administrative Specialist
Phone: 208-319-3672
Fax: 208-575-3020
Email: Jane@newwestcapital.org

Directors

Lanette Marcum
Board Chair
Vice President / CRA / Compliance Officer
Glacier Bancorp
Nampa, Idaho

Joel Adamo
Board Vice Chair
VP/Relationship Manager
Federal Home Loan Bank
of Des Moines
Walla Walla, Washington

Warren Heinrich
Board Secretary / Treasurer  Credit Administrator
Heritage Bank of Nevada, a division of Glacier Bancorp
Reno, NV

Jennifer G. Seamons
Senior Director, Community Finance
Capital One
Meridian, ID

Arturo Perez
VP, Community Affairs Manager, Team Lead West Region
U.S. Bank, N.A.
Phoenix, AZ

Alison Gonsalves
Board Loan Committee Chair
EVP, Chief Credit Officer
Mountain West Bank
Coeur d’Alene, Idaho

Sahra Halpern
President
NMSDC Business Consortium Fund, Inc.
Triad Investments L.P.
Oakland, California

Brian Maddox
VP, Fund Development
LISC Fund Management  
LISC -Local Initiatives Support Corporation
Huntersville, NC 

Claudia O’Grady
VP, Multifamily Finance & Development,
Utah Housing Corporation
West Valley City, UT

Jack Prescott
EVP, Chief Credit Officer
Plumas Bank
Reno, NV

Kaia Peterson
Executive Director
NeighborWorks Montana
Missoula, MT

 

 

 

Legal

Daniel C. Green
Attorney
Racine Olson
201 E. Center Street 
Pocatello, Idaho 83201
Phone: 208-232-6101
Fax: 208-232-6109

Financial

Deaton & Company
215 N. 9th, Suite A
Pocatello, ID 83201
Phone: 208-232-5825
www.deatoncpa.com

Mahlke Hunsaker & Company PLLC
201 Canyon Crest Drive, suite 100
Twin Falls, ID 83301
Phone: 208-734-1809
www.m-hcpa.com

 

  • Staff
  • Directors
  • Legal
  • Financial
Staff

Dutch Haarsma
President
Phone: 208-348-5481
Fax: 208-575-3020
Email: Dutch@newwestcapital.org

Cindy Williams
Senior Vice President
Phone: 208-323-1545
Fax: 208-575-3020
Email: Cindy@newwestcapital.org

Alex Bardaweel
Community Development Loan Officer
Phone: 602-922-6690
Fax: 208-575-3020
Email: Alex@newwestcapital.org

Jane Pavek
Community Strategy & Administrative Specialist
Phone: 208-319-3672
Fax: 208-575-3020
Email: Jane@newwestcapital.org

Directors

Lanette Marcum
Board Chair
Vice President / CRA / Compliance Officer
Glacier Bancorp
Nampa, Idaho

Joel Adamo
Board Vice Chair
VP/Relationship Manager
Federal Home Loan Bank
of Des Moines
Walla Walla, Washington

Warren Heinrich
Board Secretary / Treasurer  Credit Administrator
Heritage Bank of Nevada, a division of Glacier Bancorp
Reno, NV

Jennifer G. Seamons
Senior Director, Community Finance
Capital One
Meridian, ID

Arturo Perez
VP, Community Affairs Manager, Team Lead West Region
U.S. Bank, N.A.
Phoenix, AZ

Alison Gonsalves
Board Loan Committee Chair
EVP, Chief Credit Officer
Mountain West Bank
Coeur d’Alene, Idaho

Sahra Halpern
President
NMSDC Business Consortium Fund, Inc.
Triad Investments L.P.
Oakland, California

Brian Maddox
VP, Fund Development
LISC Fund Management  
LISC -Local Initiatives Support Corporation
Huntersville, NC 

Claudia O’Grady
VP, Multifamily Finance & Development,
Utah Housing Corporation
West Valley City, UT

Jack Prescott
EVP, Chief Credit Officer
Plumas Bank
Reno, NV

Kaia Peterson
Executive Director
NeighborWorks Montana
Missoula, MT

 

 

 

Legal

Daniel C. Green
Attorney
Racine Olson
201 E. Center Street 
Pocatello, Idaho 83201
Phone: 208-232-6101
Fax: 208-232-6109

Financial

Deaton & Company
215 N. 9th, Suite A
Pocatello, ID 83201
Phone: 208-232-5825
www.deatoncpa.com

Mahlke Hunsaker & Company PLLC
201 Canyon Crest Drive, suite 100
Twin Falls, ID 83301
Phone: 208-734-1809
www.m-hcpa.com

 

Careers

As we grow we’re always looking for smart and dedicated people to join our team.

Please check back for future career opportunities.  

 

Thank you for your interest in NewWest!

careers-vector

Reports

Group 5 Copy 2Created with Sketch.PDF

25th ANNIVERSARY REPORT

Group 5 Copy 2Created with Sketch.PDF

2025 AUDITED FINANCIAL STATEMENTS

Group 5 Copy 2Created with Sketch.PDF

2024 AUDITED FINANCIAL STATEMENTS

Group 5 Copy 2Created with Sketch.PDF

2023 AUDITED FINANCIAL STATEMENTS