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.
Bringing Community Development Lenders Back to their Civil Rights Roots
2019
Based on a panel discussion at the annual SOCAP conference, a gathering of 3000 social impact investors, this article looks back at the civil-rights roots of the CDFI industry. Based on interviews with leading CEOs, including Ellis Carr, the article explores the challenges and opportunities facing CDFIs as they work to stay true to those roots while maintaining financial viability.
The $500 Million Plan to Ease the Bay Area Housing Crisis
2019
The availability of affordable housing in the San Francisco Bay Area is a crisis for many residents across the region. To help reverse this trend, Capital Impact was asked to join the Partnership for The Bay’s Future, a $500 million initiative led by Chan Zuckerberg and other key funders. Our shared goal is to stabilize housing for 175,000 families within the next five years.
New Loan Fund to Boost Minority Entrepreneurs
2019
With funding from JPMorgan Chase and the A. James & Alice B. Clark Foundation, Capital Impact was tasked with launching the Entrepreneurs of Color Fund in Washington, D.C. Together with our lending partners, including the Washington Area Community Investment Fund, the Latino Economic Development Council and Harbor Bank of Maryland, we are helping minority entrepreneurs get access to low-cost loans to jumpstart their enterprises.
Op-Ed: Battling Inequity in Food Systems with Entrepreneurship
2019
Communities of color have fewer opportunities in the food economy than whites, resulting in a variety of detrimental impacts, including illness and exacerbation of the racial wealth gap. In this Op-Ed, Capital Impact’s Olivia Rebenal explores how historical inequities have created this situation. She also illustrates a variety of promising initiatives that are being employed to unleash the power of minority entrepreneurs.
The Making of an Equitable Community Development Loan Product
2019
Over our years of working in Detroit, we have provided more than $200 million in financing to support projects that deliver social impact. However, we also learned that a majority of that financing went to white developers despite the city’s population being 79 percent black. This article describes how Capital Impact, with a grant from the CDFI Fund, is working to create a new loan product that will support a more equitable distribution of its financing efforts.
Why this Nonprofit Lender is Shifting its Focus to Detroit’s Neighborhoods
2019
When Capital Impact began working in Detroit in the early 2010s, its focus was to grow density in the urban core of the city with a focus on supporting communities of color. While that work continues, this article explores our strategy to move out into the surrounding neighborhoods to help stabilize and grow those communities.
