The CSH Impact Investment team is led by:

Ryan Moser, Vice President of Strategy & Impact. Ryan has developed models, initiatives, and policy for active substance users, mental health alternatives to incarceration, justice reinvestment, community corrections, veterans, housing interventions for families with criminal justice involvement, and high utilizers of systems including pay for success. As Vice President for Strategy & Impact, Ryan works to build strategic alignment across the agency’s portfolio, lead national strategic initiatives, increase organizational capacity for data analytics and evaluation, and increase impact through social impact financing.

Stephanie Mercier, Director of Impact Investments. Stephanie has more than thirteen years of experience working with communities to strategically address the needs of their most vulnerable citizens particularly as it relates to homelessness and housing. As Director of Impact Investment with the Strategy and Impact team, Stephanie focuses her efforts on expanding and supporting CSH’s portfolio of impact investments and pay for success initiatives.

Lauren Fulton, Senior Program Manager. Lauren is an impact-focused professional with six years of experience in the social investment sector in the US and UK. Lauren leads CSH advisory work in four communities exploring the use of outcomes-based contracts and private financing to scale supportive housing. She also led CSH’s financial modelling during the structuring of the $10 million Pay for Success transaction in Los Angeles.

Contact our Impact Investment Team by emailing us at

Our bench is deep and we are supported by the experienced professionals in CSH’s Community Investment team, which lends money through the CSH Solutions Fund and a number of local loan initiatives. We also draw on over one hundred CSH experts working locally to scale supportive housing across the entire United States.



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