A man walks around his community grocery store.

In the midst of the COVID-19 pandemic, local independent grocers double down to feed their communities

By Mary Donnell, Program Manager, Michigan Good Food Fund

The grocery business is more competitive than ever. Even in normal times, much of the market share is taken up by the big-box players. But in the face of an unprecedented pandemic, local, independent grocers are focusing more deliberately on serving their communities, going out of their way to provide the goods that customers that they often know by name need. These grocers continue to fill an important niche in the landscape, often serving communities that do not see much investment from national chains with top-notch customer service and a focus on community development and local food. 

Podcast: Everything Co-op Interview about Capital Impact’s 2020 Co-op Innovation Award

By Alison Powers, Cooperative & Community Initiatives Manager

In early 2020, Capital Impact Partners, in partnership with the National Cooperative Bank, awarded a total of $100,000 to three awardees, – ChiFresh Kitchen, The Guild, and the Bronx Cooperative Development Initiative – through its Co-op Innovative Award. Capital Impact’s Co-op Innovative Award aims to increase co-op development in communities with low incomes and/or communities of color. This year, the Co-op Innovation Award focused on organizations educating new audiences on the impact and potential of the cooperative model to disrupt income inequality, steward community ownership, and create strong vibrant places of opportunity.

CDC Small Business CEO Kurt Chilcott and Capital Impact Partners CEO Ellis Carr

Alliance Video Series – CEO Conversations: What Problems We’re Solving

CDC Small Business Finance and Capital Impact Partners recently announced a new alliance between the two companies.

We recognized that we had a special opportunity to create greater change together than we could individually in the communities we serve and beyond. This is an exciting journey we are embarking on and we want to share how the idea of creating an alliance came about and our vision for the future.


Tune in to the third video of our new series, “CEO Conversations” where CDC Small Business Finance’s CEO Kurt Chilcott and Capital Impact Partners CEO, Ellis Carr discuss what problems the alliance will be focused on solving.

Black female entrepreneurs working at desks

In the Face of Extractive Practices, CDFIs Act as a Counterforce in Order to Build Community Assets

By Diane Borradaile, Chief Lending Officer

For generations, systemic racism has kept many people of color from achieving even a basic standard of living, which includes social services that help communities thrive.

As we wrote in the first of our series looking at the repercussions of the COVID-19 pandemic on communities of color, the disproportionate impacts on communities of color have made these deep inequalities undeniable nationwide.

CDC Small Business CEO Kurt Chilcott and Capital Impact Partners CEO Ellis Carr

Alliance Video Series – CEO Conversations: Addressing the Wealth Gap at Scale

CDC Small Business Finance and Capital Impact Partners recently announced a new alliance between the two companies.

We recognized that we had a special opportunity to create greater change together than we could individually in the communities we serve and beyond. This is an exciting journey we are embarking on and we want to share how the idea of creating an alliance came about and our vision for the future.


Welcome to the second video of our new series, “CEO Conversations,” where CDC Small Business Finance’s CEO Kurt Chilcott and Capital Impact Partners CEO, Ellis Carr discuss the new alliance.

CDC Small Business CEO Kurt Chilcott and Capital Impact Partners CEO Ellis Carr

Alliance Video Series – CEO Conversations: A New Alliance

CDC Small Business Finance and Capital Impact Partners recently announced a new alliance between the two companies. 

We recognized that we had a special opportunity to create greater change together than we could individually in the communities we serve and beyond. This is an exciting journey we are embarking on and we want to share how the idea of creating an alliance came about and our vision for the future. 

Capital Impact Partners CEO Ellis Carr and CDC Small Business Finance CEO Kurt Chilcott

Capital Impact Partners and CDC Small Business Finance Announce Alliance

By Ellis Carr, President and CEO

Since 1982, Capital Impact Partners has helped people build communities of opportunity that break barriers to success. We have done that through learning and evolving with a range of investors, donors, community partners, and other Community Development Financial Institutions. 

As we looked to the future, we saw a tremendous opportunity to do more, give more, and make a bigger difference. With that in mind, more than a year ago, we began conversations with CDC Small Business Finance. Together, we recognized how our similar visions and complementary expertise, services and financing products could create a change that neither of us could accomplish independently.

Audio Blog: Expanding Opportunity for Real Estate Developers of Color in the Time of COVID-19

Editor’s note: This conversation took place virtually to protect all participants during the COVID-19 pandemic. There may be sound issues, as this was a live webinar.

As COVID-19 continues to disproportionately impact communities of color, it is important that supporting developers of color does not stop. As not only business owners, but community builders, developers of color come from, live within, and understand the investments that often disinvested communities want for themselves and future generations. However, because of systemic disinvestment, developers of color have far fewer opportunities to engage in their chosen profession or create the lived environments that would support communities of color.

Men wearing face mask picking shopping cart in supermarket

Racial Inequity – as cause and effect – in the time of COVID-19

By Michelle Betton, Writer

“Structural racism has always been a pre-existing condition for communities of color.” -Race Forward

People in disinvested communities, often communities of color, understand this statement too well. It has rung true for generations. Structural racism affects more than just health; systemic discrimination has negatively impacted every aspect of life for communities of color, from accessing quality health care and education to qualifying for housing to procuring healthy food within their neighborhood. 

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