Authors Posts by Capital Impact Partners

Capital Impact Partners

Capital Impact Partners

Capital Impact Partners helps transform underserved communities into strong, vibrant places of opportunity. A nonprofit Community Development Financial Institution (CDFI), we have a 30-year history delivering strategic financing, social innovation programs, and capacity building that creates social change and financial impact nationwide.

Contact:

Phone: (703) 647-2300
Fax: (703) 647-3490

Capital Impact Partners

New Report Identifies Practices To Address Relocation And Displacement In Revitalizing Neighborhoods

As 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 residents. With a focus on multifamily development in Detroit, a report from Capital Impact Partners identifies a number of practices that developers, investors, city officials, Community Development Financial Institutions (CDFIs), and public interest groups can use to plan for and responsibly manage development processes that may lead to resident displacement and relocation.
Capital Impact Partners

Capital Impact Partners Advances Its Work in Providing Access To Healthy Food, Quality Education,...

Capital Impact Partners announced today that it financed projects in underserved communities across fives states including California, Michigan, Minnesota, New Hampshire, and Texas. Notable in this effort are deals that increased healthy food access, scaled cooperative efforts, and broadened and deepened the organization’s presence in Texas. Other enterprises supported by the organization included affordable housing, health care, and dignified aging facilities. This work is expected to create more than 275 permanent and 400 construction-related jobs, further providing help to those who live in the communities Capital Impact serves.

Capital Impact Partners’ Third Quarter Financing Supports Increased Access to Quality Education, Health Care,...

Capital Impact Partners announced today that it provided $27 million in financing to projects delivering social impact to underserved communities across the U.S. during the third quarter of 2016. Charter school financing in multiple states represented a big focus during the quarter, with additional loans helping to increase access to quality health care in California, affordable housing in Detroit, and dignified elder care in Pennsylvania and Washington. Of particular note is the fact that nearly half of the ventures represent continued relationships with existing borrowers

Capital Impact Partners Wins $4.8 Million Award To Expand Affordable Housing

Capital Impact Partners announced today that it has received a $4.8 million grant through the fiscal year 2016 round of the U.S. Department of the Treasury’s Capital Magnet Fund (CMF). Capital Impact Partners will use the funding to build upon its concentrated work in Detroit and expand affordable housing across this city.

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EPA

EPA Proposes Further Cleanup of Lead-Contaminated Residential Properties in West Deptford,...

he U.S. Environmental Protection Agency has proposed an expansion in a cleanup plan to continue removing lead-contaminated soil from a residential development previously owned and built by the Tempo Development Group in West Deptford, (Thorofare), N.J. EPA added the Tempo development to the Matteo & Sons, Inc. Superfund site in October of 2016 after finding that residential properties on nearby Birchly Court, Woodlane Drive, Oakmont Court and Crown Point Road were impacted by lead contamination from the disposal of crushed battery casings.

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NIBS

IAPMO to Serve as Building Innovation 2018 Technical Programs Sponsor

With planning underway for Building Innovation 2018: The National Institute of Building Sciences Sixth Annual Conference and Expo, the Institute welcomes the International Association of Plumbing and Mechanical Officials (IAPMO) as the returning Technical Programs Sponsor. This is the third straight year that IAPMO has taken the role.