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 (August 23, 2019) — 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 its 2019 Capital Impact Investment Notes (Notes) Prospectus, and S&P Global A+ rating. The Investment Notes allow retail and institutional investors the opportunity to invest in the mission-driven organization’s nationwide efforts to create social impact for underinvested 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.
Amplifying community assets to achieve equity and justice through community development investments has enabled individuals and families to break barriers to success
Arlington, VA (August 20, 2019) – In the first two quarters of 2019, Capital Impact Partners’ activities aimed to build the power of our community members by leveraging their community assets alongside our flexible capital and capacity building. From affordable housing to workers’ rights to entrepreneurship, we are invested in empowering communities of color and underinvested individuals across the country. Capital Impact announced today that our financing and investment efforts in the first half of the year served more than 124,000 beneficiaries and created nearly 1,200 permanent and construction-related jobs.
Two New Housing Projects Support Affordable Housing in Washington, D.C.’s Ward 8
WASHINGTON, D.C. and Arlington, VA (July 12, 2019) – Capital Impact Partners, Washington D.C. Mayor Muriel Bowser, and the Department of Housing and Community Development (DHCD) today announced the financing of the first two projects through their partnership under the D.C. Affordable Housing Preservation Fund launched in the spring of 2018. The two projects have helped protect more than 600 affordable housing units, and pushed the total number of affordable units under the Fund to more than 1,000.
IDG and Centro de Trabajadores Unidos: United Workers’ Center each receive $25,000; CLEAN Carwash receives $50,000 prize
Arlington, VA and New York (May 7, 2019) – Co-ops have real power to transform structurally disinvested communities into strong, vibrant places of opportunity. Through Capital Impact Partners’ Co-op Innovation Award, three cooperative organizations have the chance to create systemic change in their communities. For the fifth annual Co-op Innovation Award, Capital Impact Partners and The Workers Lab partnered to award grants totaling $50,000 to the Independent Drivers Guild and Centro de Trabajadores Unidos: United Workers’ Center, and to award a $50,000 grant to CLEAN Carwash. These awards recognize organizations leading initiatives that address workers’ rights as well as wealth building and asset creation for immigrant workers.
Program supports greater opportunities for minority real estate developers in Detroit
(DETROIT, April 30, 2019) – Capital Impact Partners is pleased to announce the second cohort of participants in its Detroit Equitable Development Initiative (EDI). In the long term, this program aims to support wealth building for local real estate developers of color while also encouraging mixed-income neighborhood development throughout the city. In the short term, it connects participants with the knowledge, connections, and resources necessary to engage in small- to mid-scale multifamily and mixed-use real estate development projects in Detroit.
Catalyzing community engagement and investing in communities of color in regions nationwide is enabling underinvested communities to raise their voices to overcome structural racism and discrimination
Arlington, VA (March 13, 2019) – In 2018, Capital Impact Partners invested time and capital to empower communities of color and underinvested individuals across the country. Capital Impact announced today that its fourth-quarter financing and investment efforts are expected to serve more than 153,000 beneficiaries and create more than 2,200 permanent and construction-related jobs. The organization convened community members to envision what is needed to foster inclusive food systems that support prosperity for all community members. Capital Impact also reached a milestone with its S&P-rated Investment Notes, selling more than $100 million to institutional and retail investors.
Free Online Database Connects Investors to Fund Managers that Deliver Social, Environmental, and Financial Returns
Arlington, VA (February 26, 2019) – Capital Impact Partners, a leading mission-driven Community Development Financial Institution, announced today that it has been named to ImpactAssets’ 2019 impact investing showcase, the ImpactAssets 50 (IA 50). The eighth annual guide features fund managers representing private debt and equity investments that deliver social and environmental impact as well as financial returns. This represents the second year in a row that Capital Impact has been named to the IA 50.
Arlington, VA, Chicago, Ill, and Boca Raton, FL (February 12, 2019) – Capital Impact Partners today announced that it has achieved a significant impact investing milestone by selling more than $100 million of Capital Impact Investment Notes through Incapital LLC’s nationwide network of broker-dealers, institutions, and financial advisors. Capital Impact has seen robust interest in these AA-* rated Notes that are still the only offering by a Community Development Financial Institution (CDFI) that is S&P rated, DTC-settled and offered on a continuous basis through brokerage accounts in almost all U.S. states.
The Entrepreneurs of Color Fund will provide capital and business training to underserved minority entrepreneurs in the Washington, D.C. region.
February 11, 2019 (Washington, D.C.) – Capital Impact Partners joined JPMorgan Chase today to announce the expansion of the Entrepreneurs of Color Fund in the Washington, D.C. area. The Fund will support local minority entrepreneurs through access to capital and technical assistance.
The Partnership for the Bay’s Future will protect tenant rights and promote one of the largest housing investment funds in the country
SAN FRANCISCO — Today, Capital Impact Partners joins Bay Area community and faith leaders, housing advocates, business leaders, and philanthropists to launch a regional public-private housing partnership that will build one of the country’s largest investment funds to address the regional affordable housing crisis.