The opportunity exists to demonstrate the value that revitalized communities have in fostering good health, economic growth, and interconnectedness. In places like Detroit, Los Angeles, Oakland, and Washington, D.C. our place-based strategy targets capital and commitment across multiple sectors simultaneously….
By Virginie Arnaud LePape, Senior Director, Lending In 1982, Capital Impact was created with a single focus – support the development of cooperatives in underserved communities. Along the way, we gradually expanded our scope to meet the growing needs of…
These funds will be used to provide loans, grants, and development services to developers of color who build rental housing in disinvested communities across the United States APRIL 14, 2023 (Arlington, VA) – The U.S. Department of the Treasury’s Community…
Ellis Carr is now the president and CEO of Capital Impact Partners and CDC Small Business Finance. Kurt Chilcott, formerly president and CEO of CDC Small Business Finance, has transitioned to Board Chair of the combined organization. We invite you to…
New program is being launched to increase diversity in Cleveland’s real estate industry and is expected to, in turn, uplift communities of color July 19, 2023 (Cleveland) –– Entrepreneurs of color trying to develop real estate in Cleveland now have…
Arlington, VA / Atlanta, GA (March 18, 2015) – Capital Impact Partners today announced that it has joined the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) cooperative of eligible commercial banks, credit unions, savings institutions, community development financial institutions…
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…
Michigan Good Food Fund Tops $10 Million Milestone in Statewide Good Food Investments Projects span state and sectors featuring retail and processing projects Detroit, MI (MAY 17, 2017) – Six food enterprises in Grand Rapids, Kalamazoo, Southeast Michigan, and the Upper…
Grants through the Treasury’s CDFI Rapid Response Program (CDFI RRP) will provide necessary capital for CDFIs to respond to economic challenges created by the COVID-19 pandemic, particularly in disinvested communities Arlington, VA (June 15, 2021) The U.S. Department of the…
Momentus Capital’s Chief of External Affairs, Robert Villarreal, recently testified in front of the Senate Committee on Small Business and Entrepreneurship about improving access to capital in disinvested communities through the Small Business Administration (SBA) Community Advantage (CA) loan…
