$12.5 Million Loan Fund to support emerging minority real estate developers in Detroit, create pathway of success for those working to revitalize city

(DETROIT - May 14, 2020) – In an effort to increase support for minority real estate developers spearheading rehabilitation or new construction of mixed-use, multifamily housing projects in Detroit, Capital Impact Partners today launched a $12.5 million Diversity in Development - Detroit Loan Fund. The fund is a new tool for Capital Impact’s long-time commitment to equitable development and inclusive growth in Detroit.

Read More

Arlington, VA (March 16, 2020) –Dear Colleagues and Partners -

In accordance with recommendations to protect the health and safety of our staff, colleagues, and partners amidst the coronavirus outbreak, we wanted to inform you of the immediate operational changes instituted at Capital Impact Partners.

First and foremost, Capital Impact remains fully open for business.

Read More

Centering equity and inclusion internally supports Capital Impact’s mission to help communities transform into places of opportunity, wealth building

Arlington, VA (March 16, 2020) – In the fourth quarter of 2019, Capital Impact Partners continued to center equity and inclusion in our work with communities and within our organization, recognizing that systemic change requires continually evolving our practices. Working to serve our neighbors in community, Capital Impact announced today that our financing and investment efforts in the fourth quarter served nearly 138,000 beneficiaries and created nearly 750 permanent and construction-related jobs.

Read More

Industry’s first publicly available, searchable resource of impact investing fund managers sees record number of applicants and assets; New emerging impact manager category brings awareness of innovative trailblazers breaking new ground in impact investing

BETHESDA, Md. (February 25)—For the third consecutive year, ImpactAssets named Capital Impact Partners to its ImpactAssets 50 (IA 50), a publicly available, online database for impact investors, family offices, financial advisors, and institutional investors that features a diversified listing of private capital fund managers that deliver social and environmental impact as well as financial returns.

Read More

Awards First “Challenge Grants” to Seven Bay Area Cities & Counties Leading Innovative Housing Efforts and $30 Million in Loans to Developers Producing and Preserving Affordable Homes

REDWOOD CITY, CALIFORNIA (February 4, 2020) – Bay Area elected officials, community, faith, and business leaders, and philanthropic funders marked the first anniversary of the Partnership for the Bay’s Future by announcing the recipients of the Partnership’s first-ever “Challenge Grants” to seven Bay Area local governments and nonprofit partner organizations that are developing innovative housing policies. The Partnership also announced commitments that will allow it to reach its $500 million investment goal ahead of schedule and has already closed seven loans to entities building new affordable housing or preserving existing affordable homes.

Read More