Taking Strong Positions on Our Values: A Q&A with Chief Strategy & Innovation Officer Scott Sporte
A veteran of the Community Development Financial Institution (CDFI) sector, Scott Sporte has helped shape Capital Impact Partners’ lending priorities and has envisioned innovative pathways for supporting our communities. Scott recently transitioned from his role as Chief Lending Officer to a new role within Capital Impact, Chief…
Unlocking Pathways to Social and Racial Justice Nationwide
By Ellis Carr, President and CEO, and Rosemary Mahoney, Board Chair We believe everyone deserves a voice and economic pathways that allow them to shape their own futures. We believe that a community’s voice and economic opportunities can be strengthened with the right tools. Our objective…
Capital Impact Honors Rosemary Mahoney and Paul Bradley, New Inductees into the Cooperative Hall of Fame
By Alison Powers, Program Officer, Strategy, Innovation & Impact So many qualities define the life of a Cooperative Hall of Fame hero. Conviction and focus. Vision and persistence. Innovation and leadership. All contributing to a life dedicated to cooperative development and shared prosperity. These characteristics…
The Financial Community Has a Role to Play in Improving the Economic Mobility of Returning Citizens
By Ronald Kelly, Director, Impact Strategies “3. 7. 8. 2. 4. 0. 3. 7. The first thing that happens when you go to prison, they take away your name, and from that moment forward, you’re that number: Hodge, 37824037. It’s the beginning of the dehumanizing…
Getting to Know Diane Borradaile, Capital Impact’s New Chief Lending Officer
Diane Borradaile recently joined Capital Impact as its new Chief Lending Officer. She leads her team to support Capital Impact’s mission to empower communities to break barriers to success by facilitating loan transactions for health care centers, charter schools, affordable housing, healthy food projects, and…
Innovative Financing Expands Care for California’s Underserved Communities
By Nicole Boone, Business Development Officer Boyle Heights is a bustling Latino neighborhood just east of downtown Los Angeles with a history dating back before the Mexican-American War. However, it’s the pressures of the present day that weigh heavily here. Approximately 66 percent of the…
$2.5 Billion Milestone Only Makes Our Commitment to Underserved Communities Stronger
By Virginie Arnaud LePape, Senior Director, Lending In 1982, Capital Impact was created with a single focus – support the development of cooperatives in underserved communities. Charter schools create opportunities for innovation that drive academic success for students in underserved communities.…
When Disaster Strikes, Health Clinics Come to the Rescue
By Will Robison, Senior Loan Officer As wildfires burned through California’s Napa and Sonoma Counties in late 2017, Sandy Cesario was forced to evacuate her home and all she knew. Like many of the 5,000 residents of her small Calistoga town, she took refuge at one…
Diverse by Design: Charter School Integration Leads to Growing Academic Success
By Emilie Linick, Senior Loan Officer Equitable access to education provides all children with the chance to live up to their full potential and lead choice-filled lives. With racial and socio-economic inequity growing across the nation, high-quality education is crucial to giving students from low-income…
What is a CDFI?
By Michelle Betton, Writer Across the country, unemployment numbers are down and the news talks of economic recovery and the booming stock market. Outside of that news, however, are many people who are still struggling to achieve equal opportunity and prosperity with the rest of…
Expanding Equity for Underserved Communities in 2017 and Beyond
By Ellis Carr, President and CEO This year has been a whirlwind for our country and for Capital Impact Partners. For all the headlines of stock market records and rising incomes, the reality is that too many of us across America are struggling. People of…
Commitment to Community Drives Engagement Through Healthy Food Access
By Olivia Rebanal, Director, Loan Programs Community engagement is a critical component to our work at Capital Impact, particularly as supporters of innovative community-based work. As a Community Development Financial Institution (CDFI), we support community-driven solutions that address the economic, social and racial justice barriers…
Op-Ed – Congress: Continue to Invest in America’s Struggling Cities and Towns
By Nancy O. Andrews, Ellis Carr, Donald Hinkle-Brown and Joe Neri As leaders of four of the nation’s largest nonprofit community development financial institutions (CDFIs) with the mission of investing in low-income communities and entrepreneurs, we ask Congress to protect the desperately needed flow of…
Now You Can Invest In Underserved Communities with Capital Impact
By Ellis Carr, President and CEO The idea of “community” often conjures images of a geographic place, a shared space where people congregate. While true, communities can be so much more. Their true potential can manifest itself when they foster connections between individuals who share…
How CDFIs Expand Economic Opportunities in Underserved Communities
More than Money Podcast Interviews Ellis Carr, President & CEO of Capital Impact Expanding opportunities for residents in low-income communities is the focus of community development financial institutions (CDFIs). These mission-driven institutions prioritize social, economic and racial justice for underserved communities over and above profits,…
How To Use Historic Tax Credits To Promote Community Development
By Danielle Graceffa, Senior Director, Legal Services Real estate development has always been a risky proposition, fraught with numerous challenges that must always be carefully balanced against the promise of reward. Throw in the possibility of rehabbing historic properties and that risk-reward scenario is certainly…
Why and How We Finance Charter Schools
By Emilie Linick, Senior Loan Officer, and Quanic Fullard, Impact Strategy Specialist Capital Impact Partners has long been driven by a mission to help people build communities of opportunity that break barriers to success. To that end, we continually look to expand our lending and incubate,…
A Big “IDEA” to Address Inclusion, Diversity and Equity
By Kimberly Dorsett, Human Resources Director The concept of identity politics has had a lot of press of late. How do we, as professionals, as voters, as members of our community, as individuals, apply our own identity and personal narrative to our actions and convictions?…
COIN: Building economic clout to fight neighborhood poverty
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…
Pivoting to Create Opportunity Amidst National Change
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…
Leading the Way in Mission-driven Lending
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…
AA Rating Leads Strong Year of Financial Highlights
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…
Partnering for Impact With The CDFI Fund
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…
Remembering Bradford Frost
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…
Capital Impact Earns ‘AA’ S&P Global Rating. What that means for you.
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,…
Thank You For Inspiring our New Mission & Vision
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…
Small Grants Make a Big Impact in Increasing Healthy Food Access
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…
School Facilities as a Catalyst for Community Development
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…
“Undesign the Redline:” Redefining the History of Redlining and Mortgage Lending
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…
Age-Friendly Health Centers and California: A Proving Ground for Change
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…
