Logo for ImpactAssets 50 list for 2022

Capital Impact Partners Named to ImpactAssets 50 For Fifth Straight Year

The first publicly available, searchable resource of impact investing fund managers zeroes in on some of the industry’s most impactful managers.

May 18, 2022 (Arlington, VA) – For the fifth straight year, Capital Impact Partners has been selected for the ImpactAssets 50 – a free, annual database for impact investors, family offices, corporate and family foundations, and institutional investors that features a diversified listing of private capital fund managers delivering social and environmental impact as well as financial returns.

Capital Impact, a leading mission-driven Community Development Financial Institution (CDFI), began offering its Capital Impact Investment Notes in 2017. The Investment Notes allow retail and institutional investors the opportunity to invest in the organization’s nationwide efforts to create social impact for disinvested communities. 

For Second Straight Year, Capital Impact Partners Named One of the Best Nonprofits to Work For

The NonProfit Times selects Capital Impact Partners as #8 medium-sized nonprofit, #23 overall

May 18, 2022 (Arlington, VA) – For the second straight year, Capital Impact Partners has been selected as one of the 50 Best Nonprofits To Work For by The NonProfit Times, the leading publication for nonprofit managers. 

In these national rankings, Capital Impact was #8 in the medium-sized category (organizations with 50-249 employees) and #23 overall.

15 Developers of Color Welcomed into New Accelerator Program

Program is sponsored by a grant from the Amazon Housing Equity Fund and will support real estate developers of color focused on bringing more affordable housing to the Washington metropolitan region.

April 28, 2022 (Arlington, VA) – Today, Capital Impact Partners announced the inaugural class of its Housing Equity Accelerator Fellowship. The group consists of 15 of the region’s emerging real estate developers of color.

The goals of this new program, funded by a grant of more than $5 million from the Amazon Housing Equity Fund, include increasing the number of real estate developers of color in an industry where they are under-represented, and helping to grow the affordable housing stock in this region.

Empowering Black-Owned Businesses: “Activate Detroit” Brings New, Credit-Blind Approach

 Character-based evaluations, rather than credit scores, are key for Activate Detroit, a new loan product from mission-driven lenders CDC Small Business Finance and Capital Impact Partners.

ARLINGTON, VA. (April 25, 2022) – Credit scores don’t tell the whole story of small business entrepreneurs. Activate Detroit – a new loan product meant to empower Black entrepreneurs – is changing the way their story is told.

CDC Small Business Finance  and Capital Impact Partners are proud to announce the launch of Activate Detroit, which provides access to affordable financing through character-based lending practices. 

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Breaking Down Racial Barriers in Dallas: Capital Impact Partners Expands Program for Real Estate Developers of Color

Dallas becomes the fourth region for Capital Impact Partners’ Equitable Development Initiative, which helps developers of color overcome systemic issues and lead affordable real estate projects

April 7, 2022 (Dallas, TX/Arlington, VA) – A new program will break down the barriers for real estate developers of color in the Dallas area, helping them be more involved in the region’s booming real estate market – and, in turn, to create more affordable housing.

The Equitable Development Initiative is led by Capital Impact Partners and has trained nearly 200 developers of color since 2018 in three major metropolitan areas. The Dallas region will become the fourth. 

Capital Impact Partners and CDC Small Business Finance Applaud Greater Washington Partnership and Biden-Harris Administration for Massive Commitment to Small Businesses and Communities of Color

Capital Impact Partners and CDC Small Business Finance President and CEO Ellis Carr joined Kamala Harris, Vice President of the United States of America, for Announcement at Howard University in Washington, D.C.

March 30, 2022 (Arlington, VA) – Capital Impact Partners and CDC Small Business Finance are proud to stand alongside the Greater Washington Partnership and the Biden-Harris Administration for two announcements made Wednesday that will aid small businesses and communities of color.

The Greater Washington Partnership announced that it plans to direct $4.7 billion over the next five years toward supporting underrepresented communities and Minority Business Enterprises (MBEs) in the Washington, D.C. metro region.

Capital Impact Partners and the Nourish DC Collaborative Award $400k to BIPOC-Owned DC Food Businesses to Grow an Equitable Food System in Washington, DC

Nine Awardees are Locally Owned Food Businesses in Wards 5, 7, and 8

Arlington, VA (March 9, 2022) –  While Washington, DC has a vibrant food and restaurant community, food businesses owned by people of color still struggle to participate due to the lack of opportunities to access capital. In an effort to build a more equitable food ecosystem, the Nourish DC Collaborative – in partnership with DC Mayor Muriel Bowser – announced its first round of grants – totaling $400,000 – to support locally owned food businesses, especially in neighborhoods underserved by grocery stores and other food businesses. The nine awardees are local BIPOC-owned food businesses in Wards 5, 7, and 8 that are providing healthy, affordable, and culturally appropriate food for DC residents. Seven of the awardees are women-owned businesses.

Capital Impact Partners Teams Up with Amazon to Support Developers of Color and Advance Affordable Housing Efforts

Amazon commits more than $5 million to new program to grow opportunities for real estate developers of color in Arlington, Virginia and the broader Washington, D.C. Metropolitan region

Arlington, VA (December 8, 2021)Capital Impact Partners today announced a grant of more than $5 million from Amazon to launch an initiative focused on accelerating new opportunities for emerging real estate developers of color while also increasing affordable and workforce housing across Arlington, Virginia and the greater Washington, D.C. metropolitan region. This funding is the most recent commitment from the more than $2 billion Amazon Housing Equity Fund, which was established to preserve and create over 20,000 affordable homes in Amazon’s hometown communities–the Puget Sound region of Washington state, the Arlington, Virginia region, and Nashville, Tennessee.

Capital Impact Partners and CDC Small Business Finance Receive $1.5 Million Wells Fargo Open for Business Fund Award

Organizations will work with local partners to help small business owners of color recover and emerge from the COVID-19 pandemic

Arlington, VA | San Francisco, CA | San Diego, CA (November 30, 2021)Capital Impact Partners and CDC Small Business Finance announced a $1.5 million grant from Wells Fargo to launch an initiative focused on providing targeted business training services to small real estate developers and entrepreneurs of color. The grant will also help accelerate re-development efforts in D.C. and the Delta through a focus on small real estate development businesses and other industries that bring needed housing, amenities and jobs. The funding is made possible through Wells Fargo’s Open for Business Fund, a roughly $420 million small business recovery effort across the U.S to help small business owners recover and emerge from the pandemic even stronger and more resilient.

A Decade of Change: Capital Impact's Detroit 10th Anniversary

Capital Impact Partners Celebrates A Decade In Detroit and $300 Million in Investments for Social and Economic Justice

(DETROIT, MI/ARLINGTON, VA – October 21, 2021) Capital Impact Partners, a mission-driven Community Development Financial Institution (CDFI), is celebrating 10 years of working with Detroit. The company also marked a milestone of $300 million in investments to expand economic, social and racial justice for underestimated communities through an inclusive growth strategy.

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