News Coverage
Capital Impact Partners, one of the Momentus Capital branded family of companies, receives regular media coverage for its work to transform how capital and investments flow into communities to provide people access to the capital and opportunities they deserve.
That coverage, compiled on this page, includes our efforts with local leaders and key organizations to deliver critical social services, helping diverse developers grow their businesses, and other important programs and initiatives.
If you are a member of the media and have a press inquiry, please reach out to David Greisman at dgreisman@capitalimpact.org.
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Could This Idea Help Fix America’s Shortage of Home Care Workers?
August 2017
The number of adults aged 65 and older requiring long-term care could rise by more than 70 percent over the next quarter century, according to experts. Yet, the supply of home care workers is likely to fall short of that demand. Through a new program led by Capital Impact and supported by the AARP Foundation, we aim to use the power of cooperatives to bridge that gap while also creating quality jobs for women aged 50 and older.
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Could This Idea Help Fix America’s Shortage of Home Care Workers?
June 2017
While nearly eight million Californians live in poverty, a proven tool to spur investment in their communities continues to be at risk of being cut by the state legislature. Known as COIN, this public-private partnership between the California Department of Insurance, the insurance industry and CDFIs leverages tax credits to support community development investments. In this op-ed, Capital Impact’s President and CEO Ellis Carr and Chief Lending Officer Scott Sporte lay out the important case for why this program must be saved.
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The Growing Movement to Invest in the Older Americans’ Market
May 2017
Raising money for projects, products or services that help older adults age with dignity in their communities has been notoriously tough. But as aging journalist Chris Farrell uncovered, social entrepreneurs are beginning to fill that gap. Capital Impact’s Age Strong Investment Fund was recognized as a key program working to deliver not only necessary capital but social impact as well.
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Could This Idea Help Fix America’s Shortage of Home Care Workers?
May 2017
Formerly a resident of Michigan, journalist and author Marc Gunther wrote an in-depth piece about the city’s revitalization. Gunther illustrates Capital Impact’s role in utilizing investments from government agencies, banks and foundations to spur investments in social impact projects that drive economic activity and improve lives. The article notes that “Capital Impact Partners seeks to do all this work in ways that promote inclusive neighborhoods, meaning that they should accommodate a mix of well-to-do, middle-class and poor people.”
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If Trump Cuts this Little-known Federal Program, it will Gut Low-income Communities
March 2017
When the new administration sought to eliminate the U.S. Department of Treasury’s CDFI Fund in its FY2017 budget, the role that Community Development Financial Institutions play in delivering capital to low-income communities came under increased scrutiny. Fast Company featured Capital Impact in its in-depth look that highlighted the key role CDFIs play, specifically noting: “Companies like Capital Impact Partners don’t do the work they do for recognition or glory–they do it to get money to the people and communities that need it most.”
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Detroit’s Resurgence Brings New Housing Concernss
March 2017
As Detroit turns a corner, luxury housing is creating concerns about gentrification. In looking at this important issue, the Wall Street Journal featured Capital Impact’s study focusing on addressing resident relocation and displacement. With a focus on multifamily development in Detroit—but applicable nationally—our report identifies a number of practices that can be used to plan for and responsibly manage development processes that protect low-income residents.
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