News - Capital Impact Partners

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1 Capital Impact Partners Launches $20 million Diversity in Development Loan Fund and Grant Program in Washington, D.C. to Support Real Estate Developers of Color
2 Capital Impact Partners Awarded $1.8 Million through the Treasury Department to Help Communities and Small Businesses Recover From the COVID-19 Pandemic
3 In the First Quarter of 2021, Capital Impact Partners Works to Create Impact Where Communities See Value, Foster Generational Wealth Building, and Expand Diversity, Equity, and Inclusion in Our Efforts to Put Communities First
4 Second Round of D.C. Co-op Impact Grant Supports Region’s Cooperatives
5 Capital Impact Partners Awarded $1 million to Manage the Newly Created Nourish D.C. Fund by Mayor Muriel Bowser

Capital Impact Partners Launches $20 million Diversity in Development Loan Fund and Grant Program in Washington, D.C. to Support Real Estate Developers of Color

First two funded projects demonstrate how initiative creates a pathway for emerging real estate developers of color to enter the industry and positively impact the communities in which they build

(Arlington, VA – July 8, 2021) – Capital Impact Partners today launched its $20 million Diversity in Development – DMV Loan Fund (DiD-DMV), and named the first two high-impact housing and community development projects in Washington, D.C.’s Wards 7 and 8 financed through the Fund.

Capital Impact Partners Awarded $1.8 Million through the Treasury Department to Help Communities and Small Businesses Recover From the COVID-19 Pandemic

Grants through the Treasury’s CDFI Rapid Response Program (CDFI RRP) will provide necessary capital for CDFIs to respond to economic challenges created by the COVID-19 pandemic, particularly in disinvested communities

Arlington, VA (June 15, 2021) The U.S. Department of the Treasury announced today that Capital Impact Partners was awarded $1,826,265 as part of $1.25 billion in awards to 863 Community Development Financial institutions (CDFIs) to respond to economic challenges created by the COVID-19 pandemic, particularly in disinvested, yet persevering communities across the country.

In the First Quarter of 2021, Capital Impact Partners Works to Create Impact Where Communities See Value, Foster Generational Wealth Building, and Expand Diversity, Equity, and Inclusion in Our Efforts to Put Communities First

Centering our commitment to community-centered value will support hard-working communities to move forward and thrive in the wake of the pandemic

Arlington, VA (June 10, 2021) – After pivoting to face the realities that 2020 laid bare, the first quarter of 2021 for Capital Impact Partners has been about expanding our work to create opportunities for hard-working communities to move onward and upward. Our communities, including communities of color and communities living with low incomes, were hard-hit by the pandemic, as many of our neighbors were already struggling with inequity and lack of opportunities before the COVID-19 pandemic started.

Second Round of D.C. Co-op Impact Grant Supports Region’s Cooperatives

Grants support the growth of four existing and emerging cooperative businesses led by underserved entrepreneurs

Washington, D.C./Arlington, VA (June 8, 2021) — The Washington Area Community Investment Fund (Wacif) and Capital Impact Partners today announced $40,000 in grant awards to four existing and emerging cooperatively owned businesses operated by people of color and/or workers living with low wages through the D.C. Co-op Impact Grant. In its second year, the grant advances community development by encouraging the growth of quality jobs, sustainable businesses, leadership development, and asset building through an equitable cooperative model.

Capital Impact Partners Awarded $1 million to Manage the Newly Created Nourish D.C. Fund by Mayor Muriel Bowser

Funds will be used to provide technical assistance, catalytic grants, and lending products to support D.C. food businesses and create an equitable food system

Arlington, VA (May 6, 2021) – Washington, D.C. Mayor Muriel Bowser awarded Capital Impact Partners $1 million to manage the newly announced Nourish D.C. Fund. This fund, part of the $5.2 million D.C. Local Equity, Access, and Preservation Funds (D.C. LEAF) program, aims to support a robust ecosystem of locally owned food businesses in District neighborhoods by investing in BIPOC-owned businesses that otherwise struggle to access capital and also promotes health equity in the city.