Annaly Capital Management, Inc. and Capital Impact Partners Announce Launch of Second Social Impact Investing Joint Venture

NEW YORK & ARLINGTON, VA — (BUSINESS WIRE) (January 16, 2019) — Annaly Capital Management, Inc. (NYSE:NLY) (“Annaly”) and Capital Impact Partners (“Capital Impact”) today announced the launch of a new joint venture (“Venture”) with a $25 million commitment to support affordable housing and other community development projects in Washington, D.C. (“D.C.”). This Venture represents Annaly’s second impact investing partnership since 2017 with Capital Impact, a national mission-driven non-profit community development financial institution.

Capital Impact Focuses on Expanding Equity, Justice, and Opportunity in Third Quarter

Broadening opportunities for low-income communities – through investments in health, education, and community development –are helping to address systemic disenfranchisement and expand equity

Arlington, VA (December 11, 2018) – Throughout 2018, Capital Impact Partners has continued to invest in shared prosperity, equity, and inclusion for its communities nationwide. With income inequality, mass incarceration, wealth stripping, and other forms of structural discrimination continuing unabated, breaking barriers to success for underinvested communities has become ever more important. Capital Impact announced today that its third-quarter financing and investment efforts are expected to serve more than 14,500 beneficiaries and create more than 515 permanent and construction-related jobs. The organization also produced two new reports focused on financial inclusion of returning citizens and the promise of worker cooperatives.

​Capital Impact Partners Awarded $3.7 Million in Community Development Grants

Organization is among select group to receive both financial assistance and healthy food financing awards

​Arlington, VA (September 19, 2018) Capital Impact Partners announced today that it has received $3.7 million in grants from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) to increase its mission-driven lending and investment efforts in low-income and economically distressed communities. Capital Impact Partners will use this funding to expand financing activity in Detroit to further its inclusive growth strategy in the city, as well as support for healthy food-related projects delivering social and economic impact across Michigan more broadly.

​Report Identifies Industries Ripe for Small Business Succession To Support Job Retention, Economic Opportunities for Women and Communities of Color

Locally driven businesses like childcare and home health care can promote ownership and build long-term wealth in communities where they operate

Arlington, VA (September 11, 2018)According to a new report, succession planning for small businesses when owners near retirement is critical and conversion of these businesses to an employee-owned model is a solution for building wealth, retaining jobs and expanding economic opportunities, especially for women and minority employees.

Capital Impact Partners Deepens Investment in Underserved Communities and Commitment to Social Justice In First Half of 2018

Investments in health, education, and affordable housing – as well as criminal justice reform and capacity building for place-based projects – empowered disinvested communities to excel

Arlington, VA (August 14, 2018) – Capital Impact Partners began 2018 by deepening its commitment to breaking down barriers to success for underinvested communities by expanding justice and equity. The organization announced today that it provided more than $36 million in financing during the first half of 2018. The first six months of the year also saw several new initiatives and significant developments for Capital Impact – from Capital Impact being chosen as a fund manager for Washington, D.C.’s Affordable Housing Preservation Fund to hosting a convening on the ways in which financial institutions can support the needs of returning citizens to introducing new staff and new roles to the executive management team.

​Capital Impact Partners Launches New AA-* Rated $125 Million Investment Note Offering To Engage Investor Support For Underserved Communities

Institutions and individuals can earn a financial, as well as a social, return on their investments through Capital Impact’s social impact investment notes

Arlington, VA (July 12, 2018) — Capital Impact Partners, a nonprofit corporation, certified by the U.S. Department of Treasury’s Community Development Financial Institutions Fund as a Community Development Financial Institution (CDFI), announced the launch of a new offering of up to $125 million of ‘AA-’* rated fixed-income Capital Impact Investment Notes (Notes) that allow retail and institutional investors the opportunity to invest in the mission-driven organization’s nationwide efforts to create social impact for underserved communities. Available for as low as $1,000, individual and institutional investors can purchase Notes through their brokerage accounts and earn a financial, as well as a social, return on their investments.

​Capital Impact Partners and JPMorgan Chase Announce First Equitable Development Initiative Participants

First cohort selected to participate in innovative program to increase number of minority developers in Detroit

DETROIT (May 21, 2018) – Capital Impact Partners, alongside JPMorgan Chase & Co., announced the first cohort of participants for the Equitable Development Initiative. This two-year program will help ensure minority real estate developers in Detroit are able to participate in the city’s revitalization in a way that reflects the city’s diversity. Over the course of a two-year pilot, this initiative will provide participants with real estate training; technical assistance to support participants’ efforts to develop real estate in Detroit; and the potential for one-on-one mentorship and project financing.

Capital Impact Partners’ Fourth Co-op Innovation Award Addresses Racial Inequality

The Association for Black Economic Power and Sustainable Economies Law Center Share $50,000 Prize

Arlington, VA (May 1, 2017) – Capital Impact Partners announced today that it has awarded grants totaling $50,000 to the Association for Black Economic Power and the Sustainable Economies Law Center, co-winners of its fourth annual Co-op Innovation Award. This year, the award recognizes two organizations leading initiatives that address racial inequality and create social impact through economic empowerment for residents in low-income communities.

Capital Impact Partners Names New Chief Lending Officer and Creation of Chief Strategy & Innovation Officer Position

Arlington, VA (March 15, 2018) – Capital Impact Partners today announced two significant changes to its Executive Management Team. Scott Sporte, Capital Impact’s Chief Lending Officer since 2005, assumes the role of the newly created Chief Strategy & Innovation Officer. Diane Borradaile, formerly of the Low Income Investment Fund (LIIF), fills the Chief Lending Officer position.

Washington D.C. Mayor Names Capital Impact Partners To Help Manage New Affordable Housing Preservation Fund

$10 million Fund will be used to leverage private and philanthropic dollars to create $40 million for investing in affordable housing across D.C.’s eight wards

WASHINGTON, DC (March 14, 2018) – Washington, D.C.’s Mayor Muriel Bowser today announced that Capital Impact Partners and Local Initiatives Support Corporation-DC (LISC), two national nonprofit Community Development Financial Institutions (CDFIs), will manage the District’s newly created $10 million Affordable Housing Preservation Fund. The Mayor’s Housing Preservation Strike Force recommended the creation of this Fund, located within the Department of Housing and Community Development (DHCD), to increase the preservation of affordable housing in the District.

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