Capital Impact Partners and the Momentus Capital branded family of companies regularly receive media coverage for their work to transform how capital and investments flow into communities. That coverage includes our efforts with local leaders and key organizations to deliver critical social services, helping 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 Stryker Watts at swatts@cdcloans.com.
Looking for our most recent headlines? Our current news coverage and media highlights from across the Momentus Capital family can be found on the News Coverage page at momentuscap.org.
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Op-Ed: Capital Magnet Fund Creates ‘Bang for the Buck’ in Affordable HousingTerry Simonette, Nancy O. Andrews, Don Hinkle-Brown, and Joe Neri
January 2015
The Capital Magnet Fund is a valuable program created by the U.S. Treasury that leverages private capital to support affordable housing and job creation in underserved communities. Yet, there is an uphill fight in Congress to keep this effort funded. Capital Impact’s CEO, Terry Simonette, joined with the CEO’s of our partner community development financial institutions in this Op-Ed making the case for why the Capital Magnet Fund deserves support.
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Winter 2015
Ben Hecht, CEO of Living Cities, provides insightful analysis on the critical need for private capital to bolster philanthropic efforts to create true community impact. Capital Impact Partners’ work in Detroit bringing together our Woodward Corridor lending with our partnership building Detroit Corridor Initiative is highlighted as an effective solution.
The Green House Effect: Homes for the Elderly to Thrive
December 2014
This personal health column seeks to answer the question: “For those who lack financial resources to pay for round-the-clock professional care at home, is the sterile, hospital-like environment of a nursing home the only option left?” With Capital Impact’s Green House Model that answer is no. Learn more about how we are working with Dr. Bill Thomas to revolutionize care for the nation’s elderly.
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As 2014 came to an end, Capital Impact closed the first loan through its JPMorgan Chase supported Detroit Neighborhoods Fund with the financing of Rainer Court. Get a behind the scene look at this deal and how PK Development Group will begin renovation of this 1920’s building in Midtown Detroit, creating market rate housing and retail space that will attract students and young professionals back into the city’s core.
An Absorbing Problem:To help low-income residents, urban communities need to build up their capacity for using investment capital effectively.
An Innovative, Low-Cost Approach to Helping Seniors Stay in their Homes
July 2014
Crain’s Chicago Business profiles the Village to Village initiative, calling it “an instant community” and a “loneliness buster.” This innovative program creates empowered “Villages” across the U.S. to help people age in their communities and homes. Capital Impact Partners helped scaled the Village to Village movement nationally as part our larger effort to create new elder aging models.
Capital Impact Partners: Using Social Innovation for Success
Capital Impact Partners was named a Top Workplace by The Washington Post in June 2014. This feature article explains what makes Capital Impact Partners an effective organization and how our mission drives our staff.
$100 Million Going to Detroit from JPMorgan Chase
May 2014
JPMorgan Chase made national news with its 5-year, $100 million commitment to support Detroit’s economic recovery. Capital Impact Partners is one of the key financial institutions named by JPMorgan Chase to lead the strategic investments that will help revitalize this important city.
The Transformative Power of Shared Data
Spring 2014
Produced by The Federal Reserve Bank of San Francisco and the Urban Institute, this book brings together authors from a variety of backgrounds to look at innovative and strategic uses of data to drive impact for underserved communities. Chapter three highlights our Homekeeper Application, which not only helps practitioners manage the day-to-day tasks of running an affordable home ownership program but also answers key questions about the long-term social impact of these programs.
