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  • A HISTORY OF IMPACT
    Thirty years providing capital and capability to communities — and we're just getting started.

2013

WOODWARD CORRIDOR INVESTMENT FUND

The Kresge Foundation, MetLife, Inc., PNC Bank, Prudential, Calvert Foundation, Ford Foundation, Living Cities and the Max M. & Marjorie S. Fisher Foundation all support our launch of the Woodward Corridor Investment Fund and provide capital to projects that promote density, diversity, vibrancy and walkability in Detroit’s core.

2011

HEALTHY FOOD FOCUS

First Lady Michelle Obama announces the California FreshWorks Fund, which we developed in partnership with The California Endowment to finance healthy food enterprises and support innovation across CA. After we deploy $60M and increase access for 800,000 Californians, management of the fund is transferred to a partner CDFI in 2015.

A VISION FOR DETROIT

We join the Kresge Foundation, Skillman Foundation and Midtown Detroit to launch a focused effort in Detroit as part of the Living Cities Integration Initiative. Our lending work expands to collaboration with on-the-ground organizations, academic institutions, businesses and foundations to spur revitalization of Detroit’s Woodward Corridor.

AFFORDABLE HOUSING CAPACITY BUILDING

A $2M award from the Social Innovation Fund, a program of the Corporation for National and Community Service, allows us to make grants to local homeownership programs, addressing affordability issues. A second $2M award helps extend this program in 2013.

CDFI CERTIFICATION

We become officially certified by the Community Development Financial Institution Fund, which recognizes our lending to projects in low-income communities. This certification makes us eligible for a variety of programs offered by the Fund.

2009

COMMITMENT TO SHARED EQUITY AFFORDABLE HOUSING (2009)

With support from the Ford Foundation, we launch the Cornerstone Partnership—a peer network for homeownership programs working to preserve long-term affordability. Cornerstone morphed into the Grounded Solutions Network in 2016.

EXPANDING AGING IN THE COMMUNITY EFFORTS

We seed the initial development of the Village to Village Network, a peer network of grassroots organizations committed to creating livable communities for older adults. Successfully grown into a national presence, the network became an independent organization in 2015.

2008

AMPLIFYING HOUSING COOPERATIVES

Capital Impact becomes a founding investor in ROC USA. This dedicated nonprofit makes resident ownership of manufactured home communities possible by helping residents work together as a cooperative to purchase the land their community sits on.

2006

THE GREEN HOUSE PROJECT

We partner once again with the Robert Wood Johnson Foundation to lead a replication of The Green House Project, a radical new model for home-like skilled nursing care. In 2016 the program scaled to a point where it was able to operate as a stand-alone organization.

2004

PARTNERING TO AMPLIFY IMPACT

We embark on our first partnership with another CDFI as a way to service larger loans for big projects. This effort will serve as a model for creating financing partnerships with numerous CDFIs, foundations and traditional banks.

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