Washington, DC (November 25, 2014) The U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today named Annie Donovan as its new Director. Ms. Donovan served as the Chief Operating Officer (COO) of Capital Impact Partners for more than eighteen years. As COO of Capital Impact, Ms. Donovan was responsible for leading the company’s efforts in community lending, technical assistance, strategy formation, product innovation and policy development.
Leading Community Financial Development Institution Utilizes
New Markets Tax Credits To Finance State’s First GREEN HOUSE® Project
Loveland, CO (October 21, 2014) – Capital Impact Partners, in partnership with the Loveland Housing Authority, today announced the opening of Colorado’s first ever GREEN HOUSE® Project facility. A radically new, national model for skilled nursing care, Green House homes are designed from the ground up to look and feel like a real home for 10-12 residents, returning control, dignity and a sense of well-being to elders and their families, while providing high-quality, personalized care.
Milestone achieved as part of third quarter lending efforts to increase housing, charter school and community health center access
Arlington, VA (October 8, 2014) – Capital Impact Partners announced today that its community development financing work topped the two billion dollar mark across the organization’s 30-year history. Capital Impact Partners has financed projects in underserved communities nationwide, helping more than 3 million low-to-moderate income people have increased access to better health care and education, healthy foods and alternative care options for older adults.
National Non-profit CRF, USA, Issues $200 Million in Federally Guaranteed Bonds
Top-rated Lenders Capital Impact Partners, IFF, Low Income Investment Fund and The Reinvestment Fund Will Support Economic Development Projects with Largest Issuance in Program’s History
MINNEAPOLIS – Oct. 14, 2014—On behalf of four of the nation’s leading community development financial institutions (CDFI), Community Reinvestment Fund, USA, has issued a $200 million bond; the largest bond issue in the first two rounds of the U.S. Treasury Department’s CDFI Bond Guarantee Program. The four CDFIs—Capital Impact Partners, IFF, Low Income Investment Fund and The Reinvestment Fund—will use bond proceeds to finance projects that will create jobs and increase access to critical services in underserved communities across the nation.
Washington, DC (August 26, 2014) Capital Impact Partners today received $4 million in award funding from the U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund). Capital Impact Partners will use this grant to expand its strategic financing efforts and support increased access to quality health care and education, healthy foods, affordable housing and dignified aging alternatives for underserved communities.
Fund provides financing for projects that increase access to affordable housing and fresh, healthy foods
Detroit, MI/Arlington, VA (July 10, 2014) – Capital Impact Partners and JPMorgan Chase & Co. today announced the launch of the $30 million Detroit Neighborhoods Fund supporting the revitalization of Detroit. The Fund provides financing for multi-family residential properties, mixed-use real estate and grocery stores. The goal is to increase housing options for those with low and moderate incomes and help eliminate “food deserts” or other areas with limited access to fresh, healthy foods.
Arlington, VA (June 21, 2014) Capital Impact Partners is pleased to announce that it has been selected as one of The Washington Post Top Workplaces.
The Top Workplaces are determined based solely on employee feedback. The employee survey is conducted by WorkplaceDynamics, LLP, a leading research firm on organizational health and employee engagement.
Capital Impact Partners is a leader in financial and social innovation for communities. A non-profit community development financial institution, we deliver new ways of investing in people and programs that deliver social change and solid financial returns. Employees are dedicated to the organizational mission of helping people and communities reach their highest potential at every stage of life.
“It is an honor and a pleasure to come to work everyday,” said Terry Simonette, president and CEO of Capital Impact Partners. “Our staff’s commitment and dedication to our mission and core values make this a marvelous place to work. And, our work is helping to build communities in areas most in need.”
Capital Impact Partners has disbursed nearly $2 billion nationwide over the last 30 years to help build health, vibrant communities —where people have access to quality health care, affordable housing, healthy foods, and quality public education; where people can age successfully in the communities they call home; and where people can live independently and yet their lives are inextricably bound as part of something bigger.
Capital Impact Partners is pleased to announce a Request for Applications to the California Community Health Center Financing Program. This low-cost financing program has been created to specifically support community health centers throughout California by The California Endowment (TCE), Community Health Center Capital Fund and Capital Impact Partners. Flexible loans at 4% interest rate are available to finance facility projects and/or equipment purchase.
Community health centers that are nonprofit, tax-exempt clinics licensed as community or free clinics, as defined under Section 1204 of the California Health and Safety Code are eligible. They may be Federally Qualified Health Centers (FQHCs) or FQHC Look-Alikes, as well as school-based health centers or mental health centers operated by FQHCs or FQHC Look-Alikes.
WASHINGTON (June 5, 2014) —The U.S. Department of Treasury’s CDFI Fund has awarded Capital Impact Partners $43 million in New Markets Tax Credit (NMTC) allocation. Capital Impact Partners is one of 87 organizations to receive a combined $3.5 billion in NMTC, which are designated for community development organizations to help save and create jobs and spur economic development in distressed communities.
Long-term investment will focus on Detroit’s community development, blight mitigation, job skills training, small business promotion and other economic growth initiatives
May 21, 2014 (Detroit) – JPMorgan Chase & Co. unveiled today a $100 million, five-year commitment to support and accelerate Detroit’s economic recovery and strengthen its communities. This long-term investment is the Firm’s largest commitment to a city and among the largest corporate commitments to Detroit. It builds upon the Firm’s deep roots as one of Michigan’s leading financial services providers and corporate citizens.
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