The Answer Key – Our How-To Charter School Facility Construction Guide
The process for building or expanding a charter school can be complicated and daunting. Our simple how-to guide is designed to help school operators successfully navigate the facility development process – including concept, predevelopment, design, construction, and financing. The step-by-step publication is based on our 20 years of supporting and financing successful charter schools across the country, along with input from a number of educators who have been through the process.
Co-op Innovation Award
Capital Impact was born out of the need to support consumer and small business cooperatives working in low-income communities. As part of our support for the movement, we are identifying strategic partners and providing them with resources and funding, including the Co-op Innovation Award. The award is given each year to select organizations exemplifying leadership in scaling the cooperative model with a focus on low-income communities.
In addition to our lending in Detroit, we are leading efforts among local business, non-profit and civic leaders to create strategic cross-sector partnerships that accelerate economic growth in this historic city. Projects launched through this effort support entrepreneurship, job growth and inclusive mixed-use development in Detroit’s key urban corridors. We further supplement this effort by publishing seminal research promoting inclusive growth development.
Equitable Development Initiative
In an effort to better ensure that real estate developers of color in Detroit are able to participate in the city’s revitalization in a way that reflects the city’s diversity, we launched the Equitable Development Initiative in partnership with JPMorgan Chase. Charting a new path toward inclusive economic opportunity, this initiative provides a combination of catalytic capital, one-on-one mentorship with local experts, and formalized training to bolster inclusivity within Detroit’s real estate market.
Home Care Worker Cooperatives
In an effort to create quality jobs for women aged 50 and older, AARP Foundation and Capital Impact joined with AARP to launch a national effort to scale worker-owned, home care cooperatives. This project focuses on supporting a demographic impacted by economic inequality and job insecurity – who make up a vast majority of the home care work force – by advancing opportunities for competitive wages, quality training and career advancement opportunities through the home care cooperative model.
Michigan Good Food Fund
Through the Michigan Good Food Fund, our lending to food enterprises working to increase access to healthy food for Michigan children and families is bolstered with additional business assistance. Support includes online and in-person courses; deeper dives for selected enterprises; and one-on-one, targeted consulting. The goal? To help supported enterprises take their ventures to the next level and build a pipeline of investment-ready projects to expand healthy food access.