​Organization is among select group to receive both financial assistance and healthy food financing awards

​Arlington, VA (September 19, 2018) Capital Impact Partners announced today that it has received $3.7 million in grants from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) to increase its mission-driven lending and investment efforts in low-income and economically distressed communities. Capital Impact Partners will use this funding to expand financing activity in Detroit to further its inclusive growth strategy in the city, as well as support for healthy food-related projects delivering social and economic impact across Michigan more broadly.

Read More

Locally driven businesses like childcare and home health care can promote ownership and build long-term wealth in communities where they operate

​Arlington, VA (September 11, 2018)—According to a new report, succession planning for small businesses when owners near retirement is critical and conversion of these businesses to an employee-owned model is a solution for building wealth, retaining jobs and expanding economic opportunities, especially for women and minority employees.

Read More

Investments in health, education, and affordable housing – as well as criminal justice reform and capacity building for place-based projects – empowered disinvested communities to excel

Arlington, VA (August 14, 2018) – Capital Impact Partners began 2018 by deepening its commitment to breaking down barriers to success for underinvested communities by expanding justice and equity. The organization announced today that it provided more than $36 million in financing during the first half of 2018. The first six months of the year also saw several new initiatives and significant developments for Capital Impact – from Capital Impact being chosen as a fund manager for Washington, D.C.’s Affordable Housing Preservation Fund to hosting a convening on the ways in which financial institutions can support the needs of returning citizens to introducing new staff and new roles to the executive management team.

Read More

Institutions and individuals can earn a financial, as well as a social, return on their investments through Capital Impact’s social impact investment notes

​Arlington, VA (July 12, 2018) — Capital Impact Partners, a nonprofit corporation, certified by the U.S. Department of Treasury’s Community Development Financial Institutions Fund as a Community Development Financial Institution (CDFI), announced the launch of a new offering of up to $125 million of ‘AA-’* rated fixed-income Capital Impact Investment Notes (Notes) that allow retail and institutional investors the opportunity to invest in the mission-driven organization’s nationwide efforts to create social impact for underserved communities. Available for as low as $1,000, individual and institutional investors can purchase Notes through their brokerage accounts and earn a financial, as well as a social, return on their investments.

Read More

​​First cohort selected to participate in innovative program to increase number of minority developers in Detroit

​DETROIT (May 21, 2018) – Capital Impact Partners, alongside JPMorgan Chase & Co., announced the first cohort of participants for the Equitable Development Initiative. This two-year program will help ensure minority real estate developers in Detroit are able to participate in the city’s revitalization in a way that reflects the city’s diversity. Over the course of a two-year pilot, this initiative will provide participants with real estate training; technical assistance to support participants’ efforts to develop real estate in Detroit; and the potential for one-on-one mentorship and project financing.

Read More