Detroit resident riding her bike through the city

How Unequal Investment in Detroit Led to Programmatic Solutions to Affordable Housing: Stay Midtown

By Ashlee Cunningham, Senior Specialist, Housing and Community Development

In Detroit, long-term disinvestment in the city’s neighborhoods has led to unequitable barriers to opportunity. Systemic racism and disenfranchisement limited opportunities for many Detroiters, more than 80 percent of whom are Black. That has kept many people from securing equitable access to safe, affordable housing; starting businesses; and other pathways to wealth building. As Detroit has worked to overcome bankruptcy, investment in the city has compounded these issues by leaving people living with low incomes with little ability to keep up with the pace of growth and gentrification for the neighborhoods they have called home for decades.

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

Alliance Video Series – CEO Conversations: Moving Beyond the Status Quo

Ellis Carr is now the president and CEO of Capital Impact Partners and CDC Small Business Finance. Kurt Chilcott, formerly president and CEO of CDC Small Business Finance, has transitioned to Board Chair of the combined organization. We invite you to learn more about our new enterprise at www.investedincommunities.org

 

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 last video of our “CEO Conversations” series, “Moving Beyond the Status Quo.” Listen to CDC Small Business Finance’s CEO, Kurt Chilcott and Capital Impact Partners CEO, Ellis Carr discuss how the alliance will disrupt and to call to question the current operating practices to bring change to communities.

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

Alliance Video Series – CEO Conversations: Disrupting the Distribution Channels

Ellis Carr is now the president and CEO of Capital Impact Partners and CDC Small Business Finance. Kurt Chilcott, formerly president and CEO of CDC Small Business Finance, has transitioned to Board Chair of the combined organization. We invite you to learn more about our new enterprise at www.investedincommunities.org

 

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.

Check out our 5th episode of our “CEO Conversations” series, “Disrupting the Distribution Channels.” Listen to CDC Small Business Finance’s CEO, Kurt Chilcott and Capital Impact Partners CEO, Ellis Carr discuss the opportunity ahead to disrupt the current distribution channels in order to get more capital to underserved communities.  

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

Alliance Video Series – CEO Conversations: Redefining the Paradigm

Ellis Carr is now the president and CEO of Capital Impact Partners and CDC Small Business Finance. Kurt Chilcott, formerly president and CEO of CDC Small Business Finance, has transitioned to Board Chair of the combined organization. We invite you to learn more about our new enterprise at www.investedincommunities.org

 

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.

Check out our fourth episode of our “CEO Conversations” series, “Redefining the Paradigm.” Listen to CDC Small Business Finance’s CEO, Kurt Chilcott and Capital Impact Partners CEO, Ellis Carr discuss the alliance’s goal to use new mechanisms to unlock impact capital so it can be effectively utilized in underserved communities.

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

Ellis Carr is now the president and CEO of Capital Impact Partners and CDC Small Business Finance. Kurt Chilcott, formerly president and CEO of CDC Small Business Finance, has transitioned to Board Chair of the combined organization. We invite you to learn more about our new enterprise at www.investedincommunities.org

 

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.

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