New Markets Tax Credits: A Proven Tool for Generating Opportunity in Low-Income Communities
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…
Why Millennials Should Care About Aging Boomers
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…
Tri-City Health Center: Financing New Health Care Access for Low-Income Residents
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…
Volunteering and Connection in our Communities
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…
Expanding and Diversifying our Capital Base
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…
Financing that Supports Connections
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…
Introducing our 2020 Vision
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…
A Fond Farewell
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…
Opening Up Possibilities in Co-op Innovation
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.…
Putting Down Roots For A Better Future
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…
What Does it Mean to Age Strong?
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,…
Collaboration for Co-operative Improvement
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…
A Holistic Approach to Healthy Food Financing
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,…
California Health Clinics and Financing to Meet ACA Implementation
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…
Investing in Detroit’s Comeback: Optimism & Challenges on the Road to Inclusive Growth
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…
Finding the Right Partners to Make a Difference in Underserved Neighborhoods
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…
The Values that Guide our Work
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…
Launching Innovate for Impact
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…
