By Ellis Carr, President and CEO and Scott Sporte, Chief Lending Officer Note: This Op-Ed originally appeared in the publication Capital Weekly. According to the U.S. Census Bureau’s report The Supplemental Poverty Measure: 2015, nearly eight million people in California were living in poverty in 2015. The report indicated that the state’s poverty rate was […]
Latest Articles
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COIN: Building economic clout to fight neighborhood poverty
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Pivoting to Create Opportunity Amidst National Change
Ellis Carr, President and CEO 2016 was marked by change—both for the U.S. and for Capital Impact. Our country witnessed a transition in leadership and with it words and actions that have divided our country. Part of this division included the voices of many who felt the American Dream had passed them by.
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Leading the Way in Mission-driven Lending
Scott Sporte, Chief Lending Officer We have had a strong year in our lending work, where many of our newest initiatives gained momentum and had tremendous impact in the communities we serve. As witnessed in our 2016 Annual Report, we delivered $118 million in financing through our core lending work that supported community-based health care, […]
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AA Rating Leads Strong Year of Financial Highlights
Natalie Gunn, Chief Financial Officer Capital Impact Partners ended 2016 in an extremely strong financial position with unrestricted net assets increasing by $2.4 million. As illustrated in our 2016 Annual Report, our loan portfolio grew by $26 million or 15%, and total assets grew by $42 million or 15%.
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Partnering for Impact With The CDFI Fund
By Scott Berman, Director of Policy & Development As a mission-driven lender, Capital Impact Partners collaborates with a wide range of public, private and philanthropic organizations that invest in our efforts to transform underserved communities into vibrant places of opportunity. These partners—and the financial support they provide—are indispensable. Quite simply, our work would not […]
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Remembering Bradford Frost
On Sunday, January 22, the Capital Impact family lost a dear friend and colleague, Brad Frost. He will be remembered as an individual of integrity, thoughtfulness, sharp wit, and dedication. Brad wore his passion for Detroit on his sleeve and was an unceasing supporter, critic and advocate for the city and all its residents.
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Capital Impact Earns ‘AA’ S&P Global Rating. What that means for you.
By Ellis Carr, President and CEO I am excited to kick off 2017 with the news that Capital Impact Partners has earned a ‘AA’ issuer credit rating with a stable outlook from S&P Global! S&P Global’s analysis recognized our strong asset quality and liquidity, minimal risk profile, and consistent growth in loans and assets. I invite you to […]
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Thank You For Inspiring our New Mission & Vision
By Ellis Carr, President and CEO As I close out my first year as Capital Impact Partners’ president and CEO, I find myself incredibly humbled and inspired to be part of a movement that is focused on improving the lives of those in communities across this country. While we continue to make meaningful progress, the […]
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Small Grants Make a Big Impact in Increasing Healthy Food Access
By Olivia Rebanal, Director of Loan Programs California may be an agricultural center of the nation, but more than one million Californians live in neighborhoods without easy access to a full service grocery store. This lack of access to fresh foods can lead to poor health outcomes and diet-related diseases, including diabetes, heart disease, and […]
