Grants will support equitable lending products, healthy food initiatives, and supportive housing

Arlington, VA (September 25, 2020) The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced yesterday that Capital Impact Partners was awarded $3.5 million in grants through the 2020 round of the CDFI Program. The organization was the 4th highest awardee among the 357 organizations recognized. The awards will enable Capital Impact Partners to expand its efforts to create new lending products for emerging developers of color in Washington, D.C.-Maryland-Virginia (DMV), expand support for healthy food entrepreneurs across California, and increase supportive housing in the San Francisco Bay Area.

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JPMorgan Chase and the Heron Foundation Award Multi-Million Dollar Grants to Help Build the Alliance and Launch Three Initial Place-Based Pilot Programs

ARLINGTON, VA and SAN DIEGO, CA (August 4, 2020) – CDC Small Business Finance, the nation’s leading mission-based small business lender, and Capital Impact Partners, a Community Development Financial Institution (CDFI) that champions social and economic justice nationally, are proud to announce a new alliance. With a focus on economic empowerment and equitable wealth creation, the two organizations have the unique ability to deliver a full suite of lending products and programs that support community efforts to create strong, vibrant, and healthy places of opportunity.

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Arlington, VA (July 29, 2020) - Capital Impact Partners today announced that it was awarded $15 million as part of a Giving Pledge commitment by philanthropist MacKenzie Scott. The award represents the single largest individual gift in the organization’s history and will help advance the organization’s racial equity work with communities nationwide. 

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The Guild and Bronx Cooperative Development Initiative each receive $25,000; ChiFresh Kitchen receives $50,000 prize

Arlington, VA (June 30, 2020) – The cooperative development model creates opportunities for economic mobility and for financial and community resilience, including during times of crisis. Three cooperative organizations were chosen to receive Capital Impact Partners’ Co-op Innovation Award, which aims to increase co-op development in communities with low incomes and/or communities of color. In partnership with The National Cooperative Bank, the 2020 awardees – ChiFresh, The Guild, and the Bronx Cooperative Development Initiative – received a total of $100,000.

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Awards will support Washington Metro Area good food providers to offer healthy food to communities during the COVID-19 pandemic

Arlington, VA (June 17, 2020) – Capital Impact Partners announced today that it launched its DMV Good Food Fund (DMV GFF) Innovative Response Fund, providing $100,000 in awards to key partners  in order to sustain and stabilize mission-aligned good food enterprises in the Washington Metropolitan Area. Given with the generous support of the William R. Kenan, Jr. Charitable Trust, the awards will allow local good food enterprises to reposition and pivot in response to the COVID-19 pandemic and its impacts on the regional food economy.

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