Building communities of opportunity requires that people at all income levels have decent, affordable places to live and thrive. This means proactively engaging with policy makers, housing developers, community groups and investors to foster housing efforts that help build assets while preserving long-term affordability. At Capital Impact Partners, we deliver capital and commitment through strategic financing, policy efforts, and program development to support affordable housing efforts across the country.
While many traditional lenders are reluctant to enter uncertain housing markets, Capital Impact Partners sees opportunity. We bring years of experience of actively stewarding investments in local programs that offer safe and sustainable housing opportunities to families nationally.
Capacity Building
We examine and advocate for scenarios to help community development and finance leaders create housing programs and development trajectories that cultivate a healthy income mix in order to best serve neighborhoods in the long term.
Financing for Affordable Housing
Our team of mission-driven lenders work to ensure that affordable housing projects that support healthy communities receive the financing they need. We provide a variety of loans from pre-development to tenant improvements to full scale construction.
Public Policy
By actively engaging state and federal policy makers as well as community leaders we are committed to creating and preserving programs that support long-term affordability and inclusive communities.
Learn About Financing for Your Affordable Housing Project
Affordable housing development fuels economic growth in a variety of ways. Stable neighborhoods support paths to homeownership and asset growth. That, in turn, attracts new investments which help create jobs and increase local spending.
Access to affordable housing frees up financial resources that allow low-income residents to invest in those services that support their long term health including insurance and health care services, day care and education, and more nutritious food.
When communities support residents across a broad spectrum of socio-economic statuses, that allows governments to free up spending on homeless, health and other social programs and invest in other key areas.
Deploying strategic capital to capacity building efforts to sustain affordable housing in communities across this country is creating real change. That impact is illustrated in the individual stories of residents who are benefiting from having safe and secure places to live.
In Redwood City rents are twice the national median and more than half of the households earn an income of less than 60% of the Area Median Income (AMI). Capital Impact and HIP Housing took steps to preserve a 10-unit apartment building into affordable studios in an effort to increase housing options for long-term community residents.
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It was a dark day when Ronnie Jamison and his neighbors learned that their apartment building was sold, and they may be forced to leave. Working together, they turned to a local law called “TOPA” to help them remain. They just needed assistance from a buyer — and a lender.
Learn more about the Growing Housing Developers (GHD) program and the impact it has been creating for developers and the communities they serve, through the words of GHD participants and leaders.
