News Coverage

Capital Impact Partners, one of the Momentus Capital branded family of companies, receives regular media coverage for its work to transform how capital and investments flow into communities to provide people access to the capital and opportunities they deserve.

That coverage, compiled on this page, includes our efforts with local leaders and key organizations to deliver critical social services, helping diverse developers grow their businesses, and other important programs and initiatives.

If you are a member of the media and have a press inquiry, please reach out to David Greisman at dgreisman@capitalimpact.org.

  • New $5 Million Program Helps Black Developers Rebuild Detroit

    October 2017

    While Detroit is rebuilding, African-American real estate developers have been largely absent from that effort. To ensure that the pool of developers truly reflects the city’s diversity, Capital Impact launched the Equitable Development Initiative with an initial investment from JPMorgan Chase. This article illustrates how this program will combine capital support and training to empower minority real estate developers to create transformative change in the city.

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  • Cover Story: Fueling Detroit’s Revival

    September 2017

    In this cover story about the variety of organizations working together to fuel Detroit’s revival, Capital Impact’s senior Detroit loan officer, Melinda Clemons, spent time touring the city with Fortune Magazine to highlight projects that support inclusive growth. The article highlights the leadership of JPMorgan Chase’s $150 million effort in the city and supporting the mission-driven efforts of CDFIs like Capital Impact and Invest Detroit.

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  • Op-Ed: Congress: Continue to Invest in America’s Struggling Cities and Towns

    September 2017

    With the Community Development Financial Institutions Fund – a program of the U.S. Department of the Treasury – threatened by budget cuts, the leaders of the nation’s four largest CDFIs joined together to write an op-ed published in The Hill. This important call to action asks Congress to ensure that the CDFI Fund is fully funded and safeguard this critical agency to continue supporting the work of CDFIs as they help create economic prosperity for low-income communities and empower Americans to live healthier, more equitable lives.

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  • How CDFIs Expand Economic Opportunities in Underserved Communities

    August 2017

    More than Money, a podcast that explores how “we can use our values to inform how we engage with our work and invest our wealth,” recently sat down with Capital Impact’s President and CEO Ellis Carr to discuss our approach to community development and the role of CDFIs in communities. In this podcast, you will learn how we work as a market maker and market catalyst to help communities thrive.

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  • Could This Idea Help Fix America’s Shortage of Home Care Workers?

    August 2017

    The number of adults aged 65 and older requiring long-term care could rise by more than 70 percent over the next quarter century, according to experts. Yet, the supply of home care workers is likely to fall short of that demand. Through a new program led by Capital Impact and supported by the AARP Foundation, we aim to use the power of cooperatives to bridge that gap while also creating quality jobs for women aged 50 and older.

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  • Could This Idea Help Fix America’s Shortage of Home Care Workers?

    June 2017

    While nearly eight million Californians live in poverty, a proven tool to spur investment in their communities continues to be at risk of being cut by the state legislature. Known as COIN, this public-private partnership between the California Department of Insurance, the insurance industry and CDFIs leverages tax credits to support community development investments. In this op-ed, Capital Impact’s President and CEO Ellis Carr and Chief Lending Officer Scott Sporte lay out the important case for why this program must be saved.

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