Capital Impact Partners and JPMorgan Chase Launch New Program to Increase the Number of Minority Developers in Detroit

Innovative, Two-Year Pilot Program Provides Critical Capital and Training for Next Generation of Developers

October 19, 2017 (Detroit) – Today, Capital Impact Partners—with support from JPMorgan Chase & Co.—announced a new $5 million program committed to help more minority real estate developers participate in Detroit’s continued economic recovery by providing them with critical training opportunities and access to capital. The program will help 15-20 new minority developers help their businesses grow.

Capital Impact Partners Launches ‘AA’* Rated Investment Opportunity To Support Underserved U.S. Communities

Investors can earn a financial, as well as a social, return on their investments

Arlington, VA (October 11, 2017) — Capital Impact Partners, a non-profit corporation, certified by the U.S. Department of Treasury’s Community Development Financial Institutions Fund as a Community Development Financial Institution (CDFI), today announced the launch of an offering of up to $100 million of ‘AA’* rated fixed-income Capital Impact Investment Notes (Notes) that allows 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 the Notes through their brokerage accounts and earn a financial, as well as a social, return on their investments.

Capital Impact Partners Debuts New Guide for Building and Expanding Charter School Facilities

“How-to” Tool Aims to Help Charter School Operators Navigate the Facility Development Process from Concept to Financing

Arlington, VA (October 11, 2017) — The process for building or expanding a charter school can be complicated and daunting. Enter The Answer Key by Capital Impact Partners, a simple how-to guide with practical tools designed to help school operators successfully navigate the construction process.

Covering each phase of the facility development process – including concept, predevelopment, design and pre-construction, construction, and financing – the step-by-step publication is based on Capital Impact’s 20 years of supporting and financing successful charter schools across the country. A number of education practitioners with real-world construction experience also lent their expertise to the guide.

Capital Impact Partners Marks Largest Quarter Ever In Financing Community Development Projects

Arlington, VA (September 18, 2017)Capital Impact Partners announced today that it provided $75 million in project financing during the second quarter of 2017. This represents the largest quarterly loan volume in the company’s history as it worked to support increased access to health care, education, affordable housing, and healthy food around the United States.

“In the first half of 2017 alone, our loan volume has nearly surpassed our totals from across all of last year,” said Ellis Carr, president and CEO of Capital Impact Partners. “That is a testament to our hard working team’s efforts to do everything we can to ensure that good projects that help create equity and opportunity get the financing they need. Moving into new markets like Kansas further demonstrated our resolve and creativity to reach new communities.”

Capital Impact Partners Advances Financing Efforts to Support Affordable Housing, Education, and Health Care in Low-Income Communities

First quarter lending in underserved communities totals $26 million

Arlington, VA (June 30, 2017)Capital Impact Partners announced today that it provided $26 million in project financing during the first quarter of 2017, supporting increased access to health care, education, affordable housing, and healthy food around the U.S. Other first-quarter highlights include an “AA” issuer credit rating from S&P Global Inc., the launch of a key job-creation program, and the release of important new affordable housing research.

Michigan Good Food Fund Tops $10 Million Milestone in Statewide Good Food Investments

Michigan Good Food Fund Tops $10 Million Milestone in Statewide Good Food Investments
Projects span state and sectors featuring retail and processing projects

Detroit, MI (MAY 17, 2017) – Six food enterprises in Grand Rapids, Kalamazoo, Southeast Michigan, and the Upper Peninsula received financing from the Capital Impact managed Michigan Good Food Fund. This marks more than $10.5 million in investments since its launch two years ago.

The $30 million fund was created to finance projects that increase healthy food access and spur economic opportunity in underserved communities in Michigan. It is a collaborative effort of Capital Impact Partners, Fair Food NetworkMichigan State University Center for Regional Food Systems, and the W.K. Kellogg Foundation.

Capital Impact Partners Announce Winners of Third Annual Co-op Innovation Award

Project Equity and the Food Co-op Initiative Share $50,000 Prize

Arlington, VA (May 3, 2017)Capital Impact Partners announced today that it has awarded grants totaling $50,000 to Project Equity and the Food Co-op Initiative, co-winners of its third annual Co-op Innovation Award. The award is given to recognize those organizations that demonstrate leadership in bringing the cooperative model to scale and in creating social impact for low-income communities.

New Report Identifies Practices To Address Relocation And Displacement In Revitalizing Neighborhoods

Detroit Case Study Illustrates Challenges & Opportunities in Strengthening Markets

Arlington, VA/Detroit, MI (March 20, 2017)—As new development takes hold in once-distressed urban areas, it is important to address the risks of resident relocation and displacement that disproportionately impact low-income residents. With a focus on multifamily development in Detroit, a report from Capital Impact Partners identifies a number of practices that developers, investors, city officials, Community Development Financial Institutions (CDFIs), and public interest groups can use to plan for and responsibly manage development processes that may lead to resident displacement and relocation.

AARP Foundation & Capital Impact Launch National Effort to Create Quality Jobs for Older Female Home Care Workers

Initiative will scale worker-owned, home care cooperatives

Washington DC/Arlington, VA (March 21, 2017) – In an effort to create quality jobs for women aged 50 and older, AARP Foundation and Capital Impact Partners are working together to launch a national effort to scale worker-owned, home care cooperatives. Worker cooperatives are businesses owned and governed by employees

Capital Impact Partners Advances Its Work in Providing Access To Healthy Food, Quality Education, and Affordable Housing with Fourth-Quarter Financing

FY2016 lending in underserved communities totals $118 million

Arlington, VA (February 17, 2017)Capital Impact Partners announced today that it financed projects in underserved communities across fives states including California, Michigan, Minnesota, New Hampshire, and Texas. Notable in this effort are deals that increased healthy food access, scaled cooperative efforts, and broadened and deepened the organization’s presence in Texas. Other enterprises supported by the organization included affordable housing, health care, and dignified aging facilities. This work is expected to create more than 275 permanent and 400 construction-related jobs, further providing help to those who live in the communities Capital Impact serves.


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