CAPITAL IMPACT INVESTMENT NOTES
Capital Impact Investment Notes debut in the impact investment marketplace with an offering $100 million offering rated ‘AA’ by S&P Global. Available for as low as $1,000, individual and institutional investors can purchase the Notes through their brokerage accounts and earn a financial, as well as a social, return on their investments.
EQUITABLE DEVELOPMENT INITIATIVE
Charting a new path toward inclusive economic opportunity, the Equitable Development Initiative is launched. This program aims to ensure Detroit’s pool of developers truly reflect the city’s diversity and that minority developers are able to participate in revitalization efforts. Participants receive training, mentorship, and an opportunity to secure capital support for their projects.
EQUITY RAISING JOINT VENTURE
In a first of its kind partnership, Capital Impact and Annaly Capital Management launched a $25 million joint venture to support community development in underserved cities across the country. The innovative structure provides direct financing for socially responsible projects in low-income communities while simultaneously enabling our ability to further expand our work nationally.
$2.5 BILLION LENDING MILESTONE
Just a few years after announcing our $2 billion lending milestone, a record year of lending in 2017 helped Capital Impact cross the $2.5 billion mark. This effort has helped us touch the lives of $5 million people and create more than 37,000 jobs in communities nationally.
WASHINGTON, D.C. AFFORDABLE HOUSING PRESERVATION FUND
Washington, D.C.’s Mayor names Capital Impact as the fund manager for a new Affordable Housing Preservation Fund. Through leveraging the $5 million fund to secure private sector investment, this effort works to create and preserve affordable housing across all eight wards of the city.