Press Archives 2014
The New York Times
The Green House Effect: Homes for the Elderly to Thrive
This personal health column seeks to answer the question: “For those who lack financial resources to pay for round-the-clock professional care at home, is the sterile, hospital-like environment of a nursing home the only option left?” With Capital Impact’s Green House Model that answer is no. Learn more about how we are working with Dr. Bill Thomas to revolutionize care for the nation’s elderly.
The Detroit Free Press
JPMorgan Chase Money Helps Midtown Project
As 2014 came to an end, Capital Impact closed the first loan through its JPMorgan Chase supported Detroit Neighborhoods Fund with the financing of Rainer Court. Get a behind the scene look at this deal and how PK Development Group will begin renovation of this 1920’s building in Midtown Detroit, creating market rate housing and retail space that will attract students and young professionals back into the city’s core.
Stanford Social Innovation Review
An Absorbing Problem:To help low-income residents, urban communities need to build up their capacity for using investment capital effectively.
Ben Hecht, CEO of Living Cities, provides insightful analysis on the critical need for private capital to bolster philanthropic efforts to create true community impact. Capital Impact Partners’ work in Detroit bringing together our Woodward Corridor lending with our partnership building Detroit Corridor Initiative is highlighted as an effective solution.
Crain’s Chicago Business
An Innovative, Low-Cost Approach to Helping Seniors Stay in their Homes
Crain’s Chicago Business profiles the Village to Village initiative, calling it “an instant community” and a “loneliness buster.” This innovative program creates empowered “Villages” across the U.S. to help people age in their communities and homes. Capital Impact Partners helped scaled the Village to Village movement nationally as part our larger effort to create new elder aging models.
Arlington County Economic Development News
Capital Impact Partners: Using Social Innovation for Success
Capital Impact Partners was named a Top Workplace by The Washington Post in June 2014. This feature article explains what makes Capital Impact Partners an effective organization and how our mission drives our staff.
The Associated Press
$100 Million Going to Detroit from JPMorgan Chase
JPMorgan Chase made national news with its 5-year, $100 million commitment to support Detroit’s economic recovery. Capital Impact Partners is one of the key financial institutions named by JPMorgan Chase to lead the strategic investments that will help revitalize this important city.
What Counts: Harnessing Data for America’s Communities
The Transformative Power of Shared Data
Annie Donovan & Rick Jacobus
Produced by The Federal Reserve Bank of San Francisco and the Urban Institute, this book brings together authors from a variety of backgrounds to look at innovative and strategic uses of data to drive impact for underserved communities. Chapter three highlights our Homekeeper Application, which not only helps practitioners manage the day-to-day tasks of running an affordable home ownership program but also answers key questions about the long-term social impact of these programs.
The Washington Post
JPMorgan is betting $100 million on Detroit. Can it leverage a lot more?
The Washington Post featured JPMorgan Chase’s work with Capital Impact Partners and InvestDetroit to revitalize Detroit by harnessing private capital. Our experience and cooperative approach are critical to bridging the gap between national and local institutions to create social impact. Learn more about the work we are doing to help Detroit become a strong, vibrant community once again.