Capital Impact Partners CEO Ellis Carr and CDC Small Business Finance CEO Kurt Chilcott

Capital Impact Partners and CDC Small Business Finance Announce Alliance

By Ellis Carr, President and CEO

Capital Impact Partners CEO Ellis Carr and CDC Small Business Finance CEO Kurt Chilcott

Since 1982, Capital Impact Partners has helped people build communities of opportunity that break barriers to success. We have done that through learning and evolving with a range of investors, donors, community partners, and other Community Development Financial Institutions. 

As we looked to the future, we saw a tremendous opportunity to do more, give more, and make a bigger difference. With that in mind, more than a year ago, we began conversations with CDC Small Business Finance. Together, we recognized how our similar visions and complementary expertise, services and financing products could create a change that neither of us could accomplish independently.

Ellis Carr, President and CEO, and Dan Varner, Board Chair

Amplifying Assets to Achieve Justice for Our Communities

By Ellis Carr, President and CEO, and Dan Varner, Board Chair

Looking back at our journey through 2018, both as an organization and as a country, it is no surprise to us that Merriam-Webster’s “word of the year” was justice. The meaning and implications of justice were central to important conversations taking place in communities across the United States.

The staff of Sustainable Economies Law Center

Innovation in Practice: How Capital Impact Transforms Values into Equitable, Inclusive Communities

By Lauren Counts, Senior Director, Strategy, Innovation, and Impact Management

Innovation is an important tool for mission-driven organizations as they work within their communities to address issues of social, racial, and economic justice. Traditional thinking will not solve the problems that communities across the country experience today, such as racial bias, financial instability, and wealth stripping. However, at times there can be a disconnect between innovations that organizations believe will be impactful and actual community needs.

A worker-owner at a cooperative in New York stands in her warehouse.

Innovation as Culture: How Capital Impact Channels Its Values to Create Communities of Opportunity

By Lauren Counts, Senior Director, Strategy, Innovation, and Impact Management

Mission-driven organizations face down some of the world’s biggest challenges – systemic poverty, inequality, and racial inequity, to name a few – as a matter of business practice. Certainly these are not easy issues to tackle; they require bold thinking and brave action in order to create transformative change for those underserved communities that experience these inequities.

Taking Strong Positions on Our Values: A Q&A with Chief Strategy & Innovation Officer Scott Sporte

A veteran of the Community Development Financial Institution (CDFI) sector, Scott Sporte has helped shape Capital Impact Partners’ lending priorities and has envisioned innovative pathways for supporting our communities. Scott recently transitioned from his role as Chief Lending Officer to a new role within Capital Impact, Chief Strategy & Innovation Officer.

In this interview, Scott discusses new focuses for CDFIs, outlines his vision for his role, and describes how championing equity and inclusion can transform the communities that Capital Impact serves.

2018 Equitable Development Initiative Class

Unlocking Pathways to Social and Racial Justice Nationwide​

​By Ellis Carr, President and CEO, and Rosemary Mahoney, Board Chair

​We believe everyone deserves a voice and economic pathways that allow them to shape their own futures.

We believe that a community’s voice and economic opportunities can be strengthened with the right tools. Our objective is to develop tools for and with our communities that amplified their voices and created hope, shared prosperity, justice and inclusion. 

​Homeboy Industries in Los Angeles supports returning citizens with employment and training.

The Financial Community Has a Role to Play in Improving the Economic Mobility of Returning Citizens

By Ronald Kelly, Director, Impact Strategies

“3. 7. 8. 2. 4. 0. 3. 7. The first thing that happens when you go to prison, they take away your name, and from that moment forward, you’re that number: Hodge, 37824037. It’s the beginning of the dehumanizing experience of mass incarceration.”

The words of Teresa Hodge give a brief and disheartening glimpse into the truth of America’s criminal justice system. What is worse is that, as Teresa alluded to, the dehumanizing experience of incarceration continues beyond the walls of the facility; it has lasting and far reaching impacts on those who have been caught up in the system.

Students at Lee Montessori play.

Diverse by Design: Charter School Integration Leads to Growing Academic Success

By Emilie Linick, Senior Loan Officer

Equitable access to education provides all children with the chance to live up to their full potential and lead choice-filled lives. With racial and socio-economic inequity growing across the nation, high-quality education is crucial to giving students from low-income communities the opportunity to achieve the same life successes as their more affluent peers.

As a mission-driven Community Development Financial Institution (CDFI), Capital Impact Partners aims to create communities of opportunity, and education is one cornerstone of that mission. For more than 20 years, we have partnered with and financed charter schools to extend high-quality education to the children who need it most.

Care giver helps older man in assisted living community play bingo.

What is a CDFI?

By Michelle Betton, Writer

​Across the country, unemployment numbers are down and the news talks of economic recovery and the booming stock market. Outside of that news, however, are many people who are still struggling to achieve equal opportunity and prosperity with the rest of the country.

Transformative investments are needed to get struggling Americans into the mainstream economy and working toward a brighter future.

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