Page
Could This Idea Help Fix America’s Shortage Of Home Care Workers?
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.
Read Article
Building Economic Clout to Fight Neighborhood Poverty
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.
If the Administration Cuts this Little-known Federal Program, it will Gut Low-income Communities
When the new administration sought to eliminate the U.S. Department of Treasury’s CDFI Fund in its FY2017 budget, the role that Community Development Financial Institutions play in delivering capital to low-income communities came under increased scrutiny. Fast Company featured Capital Impact in its in-depth look that highlighted the key role CDFIs play, specifically noting: “Companies like Capital Impact Partners don’t do the work they do for recognition or glory–they do it to get money to the people and communities that need it most.”
Detroit’s Resurgence Brings New Housing Concerns
As Detroit turns a corner, luxury housing is creating concerns about gentrification. In looking at this important issue, the Wall Street Journal featured Capital Impact’s study focusing on addressing resident relocation and displacement. With a focus on multifamily development in Detroit — but applicable nationally — our report identifies a number of practices that can be used to plan for and responsibly manage development processes that protect low-income residents.
Read Article (Paywall)
Ideas to help address the challenges of providing better care to low income elders
2016
As a generation of aging baby boomers, and a corresponding uptick in chronic illnesses, meets rising medical costs in a perfect storm, the medical and social services communities have to face a critical question: How can we best provide care for our nation’s low-income elderly population? Capital Impact’s CEO, Ellis Carr, works to answer this important question in this Op-Ed published by the Stanford Social Innovation Review.
To Serve all Californians Expanded Health Clinic Capacity is Needed
Federally Qualified Health Centers have long served as the safety net for California’s most vulnerable residents living in both urban and rural communities. Yet, as we look into the future, that net is fraying. In this Op-Ed for California’s leading political newspaper, Capital Impact’s Chief Lending Officer, Scott Sporte, illustrates how our financing work is helping to support FQHCs and create health equity in the state.
Investing in Detroits Comeback Optimism Challenges on the Road to Growth
2015 was a year of optimism for post-bankruptcy Detroit. New investments. Blight being tackled. Infrastructure coming online. only. As a longtime Detroit resident and community development professional, Capital Impact’s Bradford Frost still believes the city is at a significant crossroads. In this Op-Ed for Next Billion, Frost takes an in-depth look at the question: “Will redevelopment in Detroit lead to equitable growth?”
Connecting Big Banking to Community Investment
It may come as a surprise to many that the Federal Home Loan Bank (FHLB) system is one of the largest and oldest government-sponsored enterprises devoted to housing. For decades large financial institutions have been the primary intermediary between the FHLB and individual mortgage holders. This Next City article examines how Capital Impact is among a select group of Community Development Financial Institutions leading the way in working with the FHLB to kick start lending on a massive scale in communities where it is needed most.
Revitalizing Urban Neighborhoods: Building Blocks for the Future of America’s Cities
2015
Numerous studies released throughout 2015 reveal what some have deemed a substantial and significant “neighborhood gap.” That gap is the difference in the quality of life in one neighborhood versus the quality in another. Two leading business authors highlighted the work of Capital Impact’s lending efforts to close this gap in this Huffington Post “Profit + Purpose” column.
We collect data using cookies to improve your browsing experience and assist in our marketing efforts. Withdrawing consent may adversely affect certain features and functions.
