About Us

IBF Development
Founded in 2006, IBF Development is a Washington, DC based Certified Business Enterprise (CBE) led by its President Rob Richardson. The company’s work is primarily focused in the Washington, DC metropolitan area. Working with IBF can help you meet your local hiring goals when working on projects that use District of Columbia funds or programs.
We help clients with affordable housing and community development projects to finance, evaluate, plan, develop, manage and implement their projects and programs. We focus on efforts that combine private-sector capital with public funding sources in order to improve communities.
The preservation of affordable multifamily housing is our specialty. With exceptional expertise in the financing, redevelopment and preservation of affordable multifamily rental housing, IBF can assemble the resources needed to transform old, tired or poorly-maintained apartments into safe, renovated affordable housing.

The Washington, DC development projects alone:
- improved nearly 1,000,000 square feet of retail, housing and office space, and
- preserved over 950 units of affordable multifamily housing.
Transforming Communities Through Affordable Housing
At IBF Development, we specialize in financing, planning, developing, and preserving affordable multifamily housing. With over 18 years of expertise and $315 million worth of housing and community development projects in Washington, DC, we deliver safe and modernized housing solutions for vibrant communities.
Contact IBF Development Today!
Let's collaborate to create affordable housing solutions that uplift communities.