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.
Op-Ed: CDFIs have untapped potential as game changers for minority-owned businesses
2020
In this op-ed, Tim Ferguson, founder and chairman of Next Street, makes the case for how CDFIs can help small business entrepreneurs access the capital they need to build and expand their businesses. He cites the alliance between Capital Impact and CDC Small Business Finance as a promising example for how this can be accomplished in the coming years.
Op-Ed: Transformative Power of Co-ops
2020
The cooperative model challenges the status quo and offers workers, especially workers of color, an alternative to longstand economic extractive systems, notes Alison Powers, Capital Impact’s Cooperative & Community Initiatives Manager. In this op-ed, she lays out the case for how co-ops remain a powerful tool to disrupt income inequality, and steward community ownership and asset building.
New model offers way to provide assisted living beyond traditional boundaries
2020
The barriers and challenges to affordable senior living are numerous, especially for residents with low incomes. To combat this, Capital Impact is supporting a new model that enables residents living in subsidized senior and public housing to access fully licensed, affordable assisted living services traditionally delivered in stand-alone facilities.
Black-owned firm leads redevelopment of historic row homes in Hubbard Farms
2020
Detroit natives W. Emery Matthews and Stan Edwards have long understood the corrosive impact of vacant buildings on their neighborhoods. That is why Capital Impact was proud to support the efforts of their Black-owned real estate firm to rehab an 1800s building into a new affordable housing building as part of a targeted neighborhood development plan developed with the community.
Impact investing seeks to address racial inequality
2020
With $4 million in backing from JPMorgan Chase, Capital Impact Partners’ alliance with CDC Small Business Finance made international news, including the Financial Standard in Australia. The alliance will focus on creating equitable growth in communities of color by backing small businesses and key social services – many of which are suffering as a result of COVID-19.
Agents of Impact toppling systemic racism in finance
2020
The movement for racial justice has cast a spotlight on systemic and anti-Black racism in finance. We are proud that Capital Impact’s president and CEO was recognized amongst other Black leaders who are “dismantling age-old excuses, biases and malpractices…that lead to inefficient allocation of capital, underfunded founders of color and unrealized solutions to community needs.”
