• INNOVATE FOR IMPACT
    Sharing Ideas to Empower Communities

  • Launching Innovate for Impact

    Date: February 9, 2016

    By Terry Simonette, President & CEO Today we are launching Innovate for Impact, Capital Impact Partners’ new blog.  Our newest communications venture comes at a pivotal time for the organization - with my upcoming retirement, the launch of our 2020 strategy, and transition to Ellis Carr as Capital Impact’s new president and CEO, 2016 is going to be an exciting year! We are kicking off a period of growth and innovation – ...

  • The Values that Guide our Work

    Date: February 18, 2016

    As a mission-driven lender, our core values of cooperation, leadership, commitment, diversity, innovation, and trust are the foundation of Capital Impact Partners’ work. They shape our culture. They underlie our decisions and actions. They help define our brand and strategy. They guide our relationships with borrowers, partners, investors, staff and the communities we serve. Simply put, our values inspire us to do our best every day. Each year, following a ...

  • Finding the Right Partners to Make a Difference in Underserved Neighborhoods

    Date: February 23, 2016

    By Ian Wiesner, business development manager For many of us, a weekend trip to the grocery store or farmers market to buy fresh produce is such a regular part of our routine that it hardly merits a second thought. But for many others, access to fresh produce may be an hour-long bus ride away. A balanced diet is necessary for health and wellness, but not everyone has access to good nutrition. ...

  • Investing in Detroit’s Comeback: Optimism & Challenges on the Road to Inclusive Growth

    Date: March 3, 2016

    By Bradford Frost, Director, Detroit Program 2015 was a year of optimism for post-bankruptcy Detroit. We saw significant investments pour in, including the first projects due to the $100 million pledge from JP Morgan Chase. Combined with the $30 million Woodward Corridor Investment Fund, new and rehabbed buildings are getting developed at a fast clip. Thousands of new streetlights are on. Blight is being tackled at a faster pace than ever before. ...

  • California Health Clinics and Financing to Meet ACA Implementation

    Date: March 10, 2016

    By Scott Sporte, Chief Lending Officer The Affordable Care Act (ACA) sets out to provide access to health care for all. The ACA will only be fully implemented in California when all people, including low-income residents in underserved communities, have local access to quality, affordable care. Community health centers and clinics (CHCs) play a vital role in this effort by providing preventive and primary care to patients in California - and across ...

  • A Holistic Approach to Healthy Food Financing

    Date: March 16, 2016

      By Scott Sporte, Chief Lending Officer Healthy food financing isn’t just about health. There is no doubt that improving access to fresh, nutritious foods in low-income communities can help people improve eating habits and prevent diet-related diseases, such as obesity, high blood pressure, diabetes, and heart disease. But the impacts for people and communities are even greater than that. As a Community Development Financial Institution (CDFI) with 30 years of experience working in low-income ...

  • Collaboration for Co-operative Improvement

    Date: April 8, 2016

    By Clair A. McDevitt, writer Picture it: the freezer breaks and you’re scrambling to save all your frozen food. In a home, a big cooler or the generosity of a neighbor may solve your problem – but for a grocery store, the goods in a broken freezer cannot be housed at a neighbor’s house until the freezer is fixed. The freezer, top of the line when it was purchased in the 1970s, ...

  • What Does it Mean to Age Strong?

    Date: April 19, 2016

    By Candace Baldwin, Director of Strategy, Aging in Community Making a community a great place to live and work while also supporting the needs of low-income and vulnerable older adults is difficult. It takes patience, planning, and a group effort. With this goal in mind, Capital Impact Partners joined with the AARP Foundation and Calvert Foundation to create the Age Strong initiative. Our goal? To build a first of its kind program ...

  • Putting Down Roots For A Better Future

    Date: April 22, 2016

    By Alison Powers, Program Officer More than 10,000 low-and-moderate income homeowners are sleeping better at night thanks to our partner ROC USA. Instead of worrying about rent increases or land sales that might force them to move, residents of manufactured-home communities (what many commonly refer to as mobile home parks) across the country have purchased their land and put down roots through ROC USA’s cooperative ownership program. Since 2008, the nonprofit social ...

  • Opening Up Possibilities in Co-op Innovation

    Date: May 2, 2016

    By Clair A. McDevitt, writer Since Benjamin Franklin launched the first mutual fire insurance company in 1752, the cooperative sector has seen waves of success in the United States. Dairy and cheese coops were first organized in the early 1800s, and other agricultural cooperatives followed. By the Great Depression, cooperative businesses were developing in urban and rural areas, bolstered by President Roosevelt’s New Deal legislation. In the late 1960s and 1970s, ...

  • A Fond Farewell

    Date: May 5, 2016

    By Terry Simonette, outgoing President & CEO As I think about my 32 years with Capital Impact Partners, I am overwhelmed when I consider the thousands of stakeholders that have made contributions to our work of helping people and communities across the country reach their highest potential. This army of people and organizations, all part of the ongoing and thriving community development finance sector, includes partners who have worked shoulder-to-shoulder with us; ...

  • Introducing our 2020 Vision

    Date: May 16, 2016

    By Ellis Carr, President & CEO As Capital Impact’s new CEO, I am incredibly excited to take this opportunity to both look back at 2015 and to expound on our new five-year vision to 2020. Over the past year, we continued to build upon the organization’s strong financial position, deep partnerships, and innovative product development. We provided ongoing leadership in the health care space, helped a number of charter schools expand their educational ...

  • Financing that Supports Connections

    Date: May 25, 2016

    By Scott Sporte, Chief Lending Officer At Capital Impact Partners we put money to work, focusing our efforts on the best ways to use dollars to achieve powerful outcomes. Our lending work at Capital Impact Partners in 2015 increased more than 17 percent above our 2014 level—a success that we celebrate in the present as we look ahead to new levels of accomplishment. This level of lending volume is a source ...

  • Expanding and Diversifying our Capital Base

    Date: June 3, 2016

    By Carolyn Bauer, Chief Risk Officer Driven by another year of strong lending, Capital Impact ended 2015 with a solid financial position. The organization’s overall portfolio increased by $22 million or 11 percent. This growth was matched with continued strong credit performance, as our delinquency rate was just 0.4 percent. Once again, our focus on financial strength and social impact was rewarded with AERIS’ highest possible rating of AAA+1. This honor ...

  • Volunteering and Connection in our Communities

    Date: June 28, 2016

    At Capital Impact, we're committed to building stronger communities. While we do this primarily through financing, we also recognize the importance of giving back to the communities in which we live and work. Capital Impact staff celebrate our commitment to our communities throughout the year with individual contributions and volunteer activities. An annual volunteer event has also been part of Capital Impact's summer all-staff retreat. This year we took our retreat ...

  • Tri-City Health Center: Financing New Health Care Access for Low-Income Residents

    Date: July 12, 2016

    By Katherine Groves & Daniel Ramirez, Loan Originations Team When Tri-City Health Center (TCHC) opened in Fremont, CA in 1970, it was one of just a handful of clinics serving low-income, minority women from Fremont and the neighboring Alameda county cities of Union City and Hayward. Since its founding more than 40 years ago, the Tri-City has expanded to include four health clinics, a dedicated dental site, and a mobile health clinic. ...

  • Why Millennials Should Care About Aging Boomers

    Date: August 1, 2016

    By Kaitlyn Akin, marketing intern at the Calvert Foundation I am willing to admit that, at first glance, investing in seniors doesn’t seem to be the sexiest of financial decisions. In a world where technology is constantly advancing and public dialogues are cluttered by a sea of ever-changing viral issues, the elderly are rarely the most popular conversation topic. But when you think about it, this is actually an exciting (and perhaps, ...

  • New Markets Tax Credits: A Proven Tool for Generating Opportunity in Low-Income Communities

    Date: August 15, 2016

    By Scott Berman, Director, Policy and Development The lack of capital for real estate projects, community facilities, and small businesses in low-income communities is a problem that spawns a host of other problems. When there is limited access to capital, there are fewer businesses and jobs, fewer sources of affordable housing, and fewer chances for these communities and their residents to enter the economic mainstream of American life. In short, the ...

  • Age-Friendly Health Centers and California: A Proving Ground for Change

    Date: August 30, 2016

    By Candace Baldwin, Director of Strategy, Aging in Community Wouldn’t we all like to age in our homes and communities, surrounded by what is familiar, supported by a health care team that really understands who we are and how to serve us as individuals with unique needs? This kind of age-friendly health system has generally been an anomaly in the United States, particularly for low-income, older patients. Coupled with the fact ...

  • "Undesign the Redline:" Redefining the History of Redlining and Mortgage Lending

    Date: September 16, 2016

    By Jason Anderson, Senior Director of Marketing & Communications At Capital Impact Partners, we think about our efforts around affordable housing, healthy communities and inclusive growth in terms of both the past and the future. It is critical for us to understand the past when we think about how we develop projects and policies, who is at the table and what our level of intention is with each project we undertake. Understanding ...

  • School Facilities as a Catalyst for Community Development

    Date: October 25, 2016

    By Abigail Suarez, Business Development Officer A child’s access to education is the stepping stone to a lifetime of successes. Limited or inadequate access can put a child on a path toward a lifetime of struggle. In some communities, access to stellar facilities and a first-rate education is a given. In other communities, it’s a daily struggle against many factors: poverty, crumbling buildings, crime, and lack of resources among them. A ...

  • Small Grants Make a Big Impact in Increasing Healthy Food Access

    Date: November 8, 2016

    By Olivia Rebanal, Director of Loan Programs California may be an agricultural center of the nation, but more than one million Californians live in neighborhoods without easy access to a full service grocery store. This lack of access to fresh foods can lead to poor health outcomes and diet-related diseases, including diabetes, heart disease, and obesity.  Communities of color are disproportionately affected.  Capital Impact Partners has worked for years to address ...

  • Thank You For Inspiring our New Mission & Vision

    Date: December 24, 2016

    By Ellis Carr, President and CEO As I close out my first year as Capital Impact Partners' president and CEO, I find myself incredibly humbled and inspired to be part of a movement that is focused on improving the lives of those in communities across this country. While we continue to make meaningful progress, the results of our Presidential election highlighted incredibly important issues. Individuals across this country – on both sides ...

  • Capital Impact Earns 'AA' S&P Global Rating. What that means for you.

    Date: January 23, 2017

    By Ellis Carr, President and CEO I am excited to kick off 2017 with the news that Capital Impact Partners has earned a ‘AA’ issuer credit rating with a stable outlook from S&P Global! S&P Global’s analysis recognized our strong asset quality and liquidity, minimal risk profile, and consistent growth in loans and assets. I invite you to read more detail in our press release and S&P's full analysis report. S&P Global evaluated our financial condition, operational performance, policies, ...

  • Remembering Bradford Frost

    Date: February 9, 2017

    On Sunday, January 22, the Capital Impact family lost a dear friend and colleague, Brad Frost. He will be remembered as an individual of integrity, thoughtfulness, sharp wit, and dedication. Brad wore his passion for Detroit on his sleeve and was an unceasing supporter, critic and advocate for the city and all its residents. A prolific writer, he published many articles reflecting on his experiences living in Detroit and working to ...

  • Partnering for Impact With The CDFI Fund

    Date: March 2, 2017

    By Scott Berman, Director of Policy & Development As a mission-driven lender, Capital Impact Partners collaborates with a wide range of public, private and philanthropic organizations that invest in our efforts to transform underserved communities into vibrant places of opportunity. These partners—and the financial support they provide—are indispensable. Quite simply, our work would not be possible without them. One partner that has been especially critical to our success over the years ...

  • AA Rating Leads Strong Year of Financial Highlights

    Date: May 1, 2017

    Natalie Gunn, Chief Financial Officer Capital Impact Partners ended 2016 in an extremely strong financial position with unrestricted net assets increasing by $2.4 million. As illustrated in our 2016 Annual Report, our loan portfolio grew by $26 million or 15%, and total assets grew by $42 million or 15%. Earnings from new business totaled $2.3 million, as we continued to focus on expanding our business across sectors as well as expanding our ...

  • Leading the Way in Mission-driven Lending

    Date: May 1, 2017

    Scott Sporte, Chief Lending Officer We have had a strong year in our lending work, where many of our newest initiatives gained momentum and had tremendous impact in the communities we serve. As witnessed in our 2016 Annual Report, we delivered $118 million in financing through our core lending work that supported community-based health care, high-performing charter schools, innovative approaches to services for seniors, mixed-income housing and access to fresh, healthy ...

  • Pivoting to Create Opportunity Amidst National Change

    Date: May 1, 2017

    Ellis Carr, President and CEO 2016 was marked by change—both for the U.S. and for Capital Impact. Our country witnessed a transition in leadership and with it words and actions that have divided our country. Part of this division included the voices of many who felt the American Dream had passed them by. Capital Impact also pivoted to ensure our work is relevant and effective for the communities we support. As we ...

  • COIN: Building economic clout to fight neighborhood poverty

    Date: June 7, 2017

    By Ellis Carr, President and CEO and Scott Sporte, Chief Lending Officer Note: This Op-Ed originally appeared in the publication Capital Weekly. According to the U.S. Census Bureau’s report The Supplemental Poverty Measure: 2015, nearly eight million people in California were living in poverty in 2015. The report indicated that the state’s poverty rate was 20.6 percent—well above the national rate of 15.1 percent—and surpassed the rates of every other state in ...

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