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.

  • A Black-led Food Co-op Grows in Detroit

    2019

    Through its Michigan Good Food Fund, Capital Impact invests in high-impact food projects and provides technical assistance across the state. As Olivia Rebanal, Capital Impact’s Director of Inclusive Food Systems, notes in the article, “we prioritize our work with food cooperatives because we feel the model allows for the creation of quality jobs.” One such investment includes support for the Detroit People’s Food Co-op, an African-American business cooperative.

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  • NMTC Giving Meals on Wheels San Francisco Room to Grow

    2019

    New Markets Tax Credit, a program of the U.S. Treasury’s CDFI Fund, is designed to help attract private capital to support community development efforts. This article illustrates how Capital Impact used NMTCs to facilitate the financing of a Meals on Wheels kitchen in San Francisco—even though it is one of the most expensive U.S. cities in which to build. This support will help the program provide more than two million meals to needy residents.

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  • CDFIs are Filling Lending Gaps in Local Financial and Community Development Systems

    2019

    From automobile lending to small-business support to large-scale projects, Community Development Financial Institutions (CDFIs) are having a range of impact across Michigan. In this educational piece about the sector, Capital Impact’s work is recognized for helping to create density and promote economic viability in Detroit as well as other communities, including Flint.

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  • These programs are training Detroit’s minority residents in development

    October 2018

    For many entry-level African-American real estate developers, getting a foot in the door can be difficult, with limited opportunities to gain experience and obtain capital. Organizations see this lack of representation as a major gap, particularly given that community perspectives and experience can shape cities to grow more inclusively. Model D looks at how two key programs, including our Equitable Development Initiative, are working to bridge that gap.

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  • What Millions of Retiring Small Business Owners Could Mean for Cities

    September 2018

    Baby Boomers own the majority of small businesses, but only 17 percent of them have a formal exit plan for when they want to retire. When you consider that small businesses provide the vast majority of employment within low-income urban areas, there is a unique opportunity to benefit these communities by turning these workers into owners using the co-op model. Next City takes a deep dive into this issue based on a “co-op conversion” report recently issued by Capital Impact.

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  • CEO Profile: Finance with Finesse

    September 2018

    In its series on “The Future of Commercial Real Estate,” the Washington Business Journal sat down with Capital Impact’s CEO, Ellis Carr. The wide-ranging interview looks our CEO’s past, what his biggest challenges are, and uncovered the fact that he is an amateur DJ.

    Download the PDF here