βTo Members of the Tax Reform Conference Committee: As leaders of four of the nationβs largest nonprofit financial institutions dedicated to improving economic opportunity in local communities, we write to urge your support for the preservation of the New Markets…
As a mission-driven developer, organization, or business looking into community development projects, you may be coming across language that might sound confusing and be challenging to understand. What is a CDFI? What is NMTC? What is LTV? At the Momentus…
By Michelle Betton, Writer βAcross the country, unemployment numbers are down and the news talks of economic recovery and the booming stock market. Outside of that news, however, are many people who are still struggling to achieve equal opportunity and…
IDG and Centro de Trabajadores Unidos: United Workers’ Center each receive $25,000; CLEAN Carwash receives $50,000 prize Arlington, VA and New York (May 7, 2019)Β β Co-ops have real power to transform structurally disinvested communities into strong, vibrant places of opportunity….
Independent rating recognizes Capital Impact for its financial performance and strong management March 13, 2023 (Arlington, VA) β Capital Impact Partners, a nonprofit corporation, certified by the U.S. Department of Treasuryβs Community Development Financial Institutions Fund as a Community Development…
14th annual list honors a wide-ranging group of individuals across an array of industries August 9, 2022 (Arlington, VA and San Diego, CA) β Ellis Carr, the president and CEO of the Momentus Capital family of companies, has been selected…
This blog also appears on the Engage R + D blog. You can find it here. How can foundation dollars be more powerful in a time of crisis? As COVID-19 continues to disproportionately impact communities that have long experienced economic…
Detroit Case Study Illustrates Challenges & Opportunities in Strengthening Markets Arlington, VA/Detroit, MI (March 20, 2017)βAs new development takes hold in once-distressed urban areas, it is important to address the risks of resident relocation and displacement that disproportionately impact low-income…
News headlines tell the unfortunate story. Housing prices in the last few years have skyrocketed in many parts of the country. Not just for home buyers, but renters as well. Some areas are seeing double-digit annual rent increases, putting affordable…
Iona Duckett, 77, first began noticing issues with her eyesight a few years ago. Everyday tasks such a reading, driving, and even her crocheting hobby started to become more difficult. She went in for a regular check-up, and her doctor…
