Financing the development, redevelopment, and preservation of real estate facilities for a variety of purposes that benefit the community can help ensure a community’s assets build rather than detract from community wealth and strength. A thriving, vibrant neighborhood provides its residents with a diverse array of well-maintained and affordable community assets, including housing, schools, community centers, and retail and office space.
Our capital enables communities, mainly through Community Development Financial Institutions (CDFIs), to develop their own holistic approach to serving local needs and revitalizing neighborhoods. Calvert Impact Capital’s strategy is to provide financing for intermediary organizations and funds that finance community real estate across the US. These properties provide quality, affordable space for businesses, nonprofits, education and athletic programs, and other community service organizations.
Check out our Community Development news, features, and resources below.
When the PPP loan was announced by Congress, many businesses found themselves shut out of the process due to a lack of information and access to the program through traditional financial institutions
07/06/21 | By Caitlin Rosser
During the pandemic, Community Development Financial Institutions (CDFIs) stepped up to deliver desperately needed relief to hard-to-reach small business owners
06/23/21 | By Beth Bafford
The combined health, economic, and social justice crises triggered by the coronavirus pandemic created a surge of awareness in the U.S. around the need to invest in underserved communities.
Many people still don’t know what CDFIs are or how to use them. An overview of CDFIs and some useful resources for how you can use them to align your desire for social justice with your investing.
There are many more ways to incorporate environmental, social, and governance investing into client portfolios than just mutual funds, and one of them has been around for decades.
Impact investments generate specific, positive and measurable environmental, social and/or good governance outcomes, oftentimes with market-rate financial returns.
The NY Forward Loan Fund (NYFLF) has lent more than $3.1 million to support 77 businesses and residential landlords across NY state with COVID-19 related costs and expenses as of today
08/05/20 | By Beth Bafford
As the economic impact from COVID-19 unfolds, small businesses —those that underpin the economic, social, and cultural fabric of the United States— are facing extreme challenges
03/27/20 | By Leigh Pomerantz
We recently closed a loan to Chicanos Por La Causa (CPLC), a community development corporation that serves individuals and families with low to moderate income in the southwestern U.S.
03/13/19 | By Nicholas Silbergeld