Capital Impact and CDC Small Business Finance logos

CDC Small Business Finance and Capital Impact Partners Announce a New Alliance to Empower Equitable Community Growth

JPMorgan Chase and the Heron Foundation Award Multi-Million Dollar Grants to Help Build the Alliance and Launch Three Initial Place-Based Pilot Programs

ARLINGTON, VA and SAN DIEGO, CA (August 4, 2020) – CDC Small Business Finance, the nation’s leading mission-based small business lender, and Capital Impact Partners, a Community Development Financial Institution (CDFI) that champions social and economic justice nationally, are proud to announce a new alliance. With a focus on economic empowerment and equitable wealth creation, the two organizations have the unique ability to deliver a full suite of lending products and programs that support community efforts to create strong, vibrant, and healthy places of opportunity.

Capital Impact Partners Awarded $15 Million to Advance Racial Equity Work as Part of Giving Pledge Commitment

Arlington, VA (July 29, 2020) – Capital Impact Partners today announced that it was awarded $15 million as part of a Giving Pledge commitment by philanthropist MacKenzie Scott. The award represents the single largest individual gift in the organization’s history and will help advance the organization’s racial equity work with communities nationwide. 

In a Time of Crisis, the Sixth Annual Co-op Innovation Award Supports Co-op Expansion and Education

The Guild and Bronx Cooperative Development Initiative each receive $25,000; ChiFresh Kitchen receives $50,000 prize

Arlington, VA (June 30, 2020) – The cooperative development model creates opportunities for economic mobility and for financial and community resilience, including during times of crisis. Three cooperative organizations were chosen to receive Capital Impact Partners’ Co-op Innovation Award, which aims to increase co-op development in communities with low incomes and/or communities of color. In partnership with The National Cooperative Bank, the 2020 awardees – ChiFresh, The Guild, and the Bronx Cooperative Development Initiative – received a total of $100,000.

Man stocks shelves with healthy food

Capital Impact Partners Launches Innovative Response Fund to Bolster Inclusive, Healthy Food Systems

Awards will support Washington Metro Area good food providers to offer healthy food to communities during the COVID-19 pandemic

Arlington, VA (June 17, 2020) – Capital Impact Partners announced today that it launched its DMV Good Food Fund (DMV GFF) Innovative Response Fund, providing $100,000 in awards to key partners  in order to sustain and stabilize mission-aligned good food enterprises in the Washington Metropolitan Area. Given with the generous support of the William R. Kenan, Jr. Charitable Trust, the awards will allow local good food enterprises to reposition and pivot in response to the COVID-19 pandemic and its impacts on the regional food economy.

Inaugural D.C. Co-op Impact Award Supports Cooperatives in the Washington Metro Area

Awards support cooperatives led by people of color and workers with low incomes

WASHINGTON, D.C./ARLINGTON, VA (June 4, 2020) – The Washington Area Community Investment Fund (Wacif) and Capital Impact Partners today announced $40,000 in grant awards to support cooperatively owned businesses through the D.C. Co-op Impact Grant, launched in partnership with Citi Community Development. The awards will advance the growth of emerging and existing cooperatively owned businesses led by communities of color and workers with low incomes throughout the Washington, D.C. area.

Capital Impact Partners Launches Diversity in Development – Detroit Loan Fund to Support Emerging Developers of Color

$12.5 Million Loan Fund to support emerging minority real estate developers in Detroit, create pathway of success for those working to revitalize city

(DETROIT – May 14, 2020) – In an effort to increase support for minority real estate developers spearheading rehabilitation or new construction of mixed-use, multifamily housing projects in Detroit, Capital Impact Partners today launched a $12.5 million Diversity in Development – Detroit Loan Fund. The fund is a new tool for Capital Impact’s long-time commitment to equitable development and inclusive growth in Detroit.

Capital Impact Moves to Remote Work During Coronavirus Outbreak

Arlington, VA (March 16, 2020) –Dear Colleagues and Partners –

In accordance with recommendations to protect the health and safety of our staff, colleagues, and partners amidst the coronavirus outbreak, we wanted to inform you of the immediate operational changes instituted at Capital Impact Partners.

First and foremost, Capital Impact remains fully open for business.

Capital Impact Partners Works to Put Equity at the Heart of its Mission-driven Work in the Fourth Quarter of 2019

Centering equity and inclusion internally supports Capital Impact’s mission to help communities transform into places of opportunity, wealth building

Arlington, VA (March 16, 2020) – In the fourth quarter of 2019, Capital Impact Partners continued to center equity and inclusion in our work with communities and within our organization, recognizing that systemic change requires continually evolving our practices. Working to serve our neighbors in community, Capital Impact announced today that our financing and investment efforts in the fourth quarter served nearly 138,000 beneficiaries and created nearly 750 permanent and construction-related jobs.

Capital Impact Partners Named to ImpactAssets Ninth Annual IA 50 Impact Investment Fund Manager Showcase

Industry’s first publicly available, searchable resource of impact investing fund managers sees record number of applicants and assets; New emerging impact manager category brings awareness of innovative trailblazers breaking new ground in impact investing

BETHESDA, Md. (February 25)—For the third consecutive year, ImpactAssets named Capital Impact Partners to its ImpactAssets 50 (IA 50), a publicly available, online database for impact investors, family offices, financial advisors, and institutional investors that features a diversified listing of private capital fund managers that deliver social and environmental impact as well as financial returns.

Partnership for the Bay’s Future Marks One-Year Anniversary: Public-Private Partnership Exceeds Initial $500 Million Goal to Preserve, Produce, and Protect Affordable Housing

Awards First “Challenge Grants” to Seven Bay Area Cities & Counties Leading Innovative Housing Efforts and $30 Million in Loans to Developers Producing and Preserving Affordable Homes

REDWOOD CITY, CALIFORNIA (February 4, 2020) – Bay Area elected officials, community, faith, and business leaders, and philanthropic funders marked the first anniversary of the Partnership for the Bay’s Future by announcing the recipients of the Partnership’s first-ever “Challenge Grants” to seven Bay Area local governments and nonprofit partner organizations that are developing innovative housing policies. The Partnership also announced commitments that will allow it to reach its $500 million investment goal ahead of schedule and has already closed seven loans to entities building new affordable housing or preserving existing affordable homes.


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