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.
Revitalizing Urban Neighborhoods
December 2015
Numerous studies released throughout 2015 reveal what some have deemed a substantial and significant “neighborhood gap.” That gap is the difference in the quality of life in one neighborhood versus the quality in another. Two leading business authors highlighted the work of Capital Impact’s lending efforts to close this gap in this Huffington Post “Profit + Purpose” column.
A Different Spin on a Market-Based Approach
December 2015
More and more, foundations are moving out of their traditional philanthropy role to take on impact investing and make loans or investments that have double-bottom-line goals of financial and social returns. In this Stanford Social Innovation Review piece, Capital Impact’s partnership with the AARP Foundation and Calvert Foundation to launch the Age Strong Investment Fund and create impact for low-income individuals over 50 is highlighted as a top example of this emerging trend.
The Policy Behind the Investing Behind That New Neighborhood Grocery Store
December 2015
As a mission-driven lender, Capital Impact drives investment into projects that create access to critical services necessary for undeserved communities to thrive. But often, so much more goes into making these deals happen. As this Next City article illustrates, that effort also extends to the “grunt work” of advocating for federal and state policies and programs that make these deals workable for a wide variety of borrowers.
A Holistic Approach to Healthy Food Financing
November 2015
Healthy food financing isn’t just about health. There is no doubt that improving access to fresh, nutritious foods in low-income communities can help people improve eating habits and prevent diet-related diseases, such as obesity, high blood pressure, diabetes, and heart disease. But the impacts for people and communities are even greater than that. Learn more about those impacts in this Op-Ed by Capital Impact’s Chief Lending Officer, Scott Sporte.
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Kresge Foundation CEO Highlights Work of Capital Impact
November 2015
As Community Development Financial Institution leaders from across the country gathered for their annual meeting in Detroit, CDFI Connect sat down with Rip Rapson, president and CEO of the Detroit-based Kresge Foundation to hear more about how the foundation is helping the revitalization of that city. In his Q&A, Mr. Rapson highlighted Kresge’s support of Capital Impact and our long-time leadership in financing projects that create more access to the critical services the cities residents need.
Capital Impact Funds Spur Revitalization in Detroit
Fall 2015
The fall of 2015 was a flurry of activity as Capital Impact saw the opening of the first projects financed through its Detroit Neighborhoods Fund and Woodward Corridor Investment Fund. Michigan Live covered the ribbon cutting for the Regis Houze in midtown Detroit, which included speakers Mayor Mike Duggan and JPMorgan Chase’s Jamie Dimon. That was followed by the opening of the Regis Houze in New Center with CDFI Fund Director Annie Donovan and Kresge Foundation’s Laura Trudeau covered by Crain’s Detroit.
