First quarter lending in underserved communities totals $26 million

Arlington, VA (June 30, 2017)—Capital Impact Partners announced today that it provided $26 million in project financing during the first quarter of 2017, supporting increased access to health care, education, affordable housing, and healthy food around the U.S. Other first-quarter highlights include an "AA” issuer credit rating from S&P Global Inc., the launch of a key job-creation program, and the release of important new affordable housing research.

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Michigan Good Food Fund Tops $10 Million Milestone in Statewide Good Food Investments
Projects span state and sectors featuring retail and processing projects

Detroit, MI (MAY 17, 2017) - Six food enterprises in Grand Rapids, Kalamazoo, Southeast Michigan, and the Upper Peninsula received financing from the Capital Impact managed Michigan Good Food Fund. This marks more than $10.5 million in investments since its launch two years ago.

The $30 million fund was created to finance projects that increase healthy food access and spur economic opportunity in underserved communities in Michigan. It is a collaborative effort of Capital Impact Partners, Fair Food Network, Michigan State University Center for Regional Food Systems, and the W.K. Kellogg Foundation.

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Project Equity and the Food Co-op Initiative Share $50,000 Prize

Arlington, VA (May 3, 2017) – Capital Impact Partners announced today that it has awarded grants totaling $50,000 to Project Equity and the Food Co-op Initiative, co-winners of its third annual Co-op Innovation Award. The award is given to recognize those organizations that demonstrate leadership in bringing the cooperative model to scale and in creating social impact for low-income communities.

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Detroit Case Study Illustrates Challenges & Opportunities in Strengthening Markets

Arlington, VA/Detroit, MI (March 20, 2017)—As new development takes hold in once-distressed urban areas, it is important to address the risks of resident relocation and displacement that disproportionately impact low-income residents. With a focus on multifamily development in Detroit, a report from Capital Impact Partners identifies a number of practices that developers, investors, city officials, Community Development Financial Institutions (CDFIs), and public interest groups can use to plan for and responsibly manage development processes that may lead to resident displacement and relocation.

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Initiative will scale worker-owned, home care cooperatives

Washington DC/Arlington, VA (March 21, 2017) – In an effort to create quality jobs for women aged 50 and older, AARP Foundation and Capital Impact Partners are working together to launch a national effort to scale worker-owned, home care cooperatives. Worker cooperatives are businesses owned and governed by employees

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