Merced, California is one of the most agriculturally rich areas in the country, yet the very farmers who work the land have themselves limited access to fresh fruits and vegetables. The solution required more than just building a new grocery store, but ensuring availability in the areas of the community that everyone could access. That is where Produce on the Go and Capital Impact came in.
â–º Watch the story of Don and his big green truck.
$45 million in Social Impact Nationwide
Revitalizing historic buildings in Detroit’s inner core, increasing access to quality health care from North Carolina to California, and supporting a job placement center that helps those with disabilities are just a few of the projects Capital Impact financed in bringing 2014 to a powerful close. With $45 million in 4th-quarter loans, we continued to demonstrate our leadership in driving social impact for underserved communities.
Making Your Long-Term Financial Stability a Reality
Is the sustainability of your organization or project at risk due to a looming balloon debt payment, floating interest rate, or rate reset? As your lender and partner, Capital Impact’s team is here to help. Let us show you how we can now offer you the ability to refinance into a long-term, cost effective solution.
â–º Interested in a long-term refinancing solution?
There’s No Place Like Home
We are proud to announce that Capital Impact has become a member the Federal Home Loan Bank of Atlanta Cooperative. Capital Impact is one of only approximately 30 Community Development Financial Institutions out of over 800 nationwide to join this group of the most respected financial institutions in the country. This opportunity allows Capital Impact to offer new and innovative financing options for borrowers in low-income communities.
Our CEO, Terry Simonette, joins with partner CDFIs to advocate for the importance of the Capital Magnet Fund in The Hill.
The revitalization of Detroit continues with the renovation of the historic Rainer Court apartments financed through our Detroit Neighborhoods Fund. Read the Detroit Free Press feature.
In 2011, we joined with First Lady Michelle Obama to launch the California FreshWorks Fund to eliminate food deserts. Entrepreneur Magazine looks at our impact.
Do you have a passion for mission driven work? We have a number of exciting career opportunities now open including a project manager, accounting specialist and systems analyst. Visit our careers page to learn more about joining our dynamic team.
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