138 Pageviews Read Stories
Causes: Community Improvement & Capacity Building
Mission: We help people and communities reach their highest potential at every stage of life.
Results: Capital Impact Partners has deployed over $2.1 billion in loans, investments and assistance including: $783 million in financing to create 500+health centers caring for more than 2 million patients; $132 million in healthy food financing and grants to provide over 1 million people with fresh food access in 83 locations; $700 million for education facilities creating 233,000 more school seats; $250 million for affordable housing creating 36,000 units of multifamily homeownership or other affordable housing in 235 communities across the country; 188 GREEN HOUSE® Homes; $283 million invested into cooperative businesses. Since inception, Capital Impact Partners has created 33,536 jobs.
Programs: General loan program:capital impact partners (cip) provides loans and financial services to community-based organizations focused on providing goods and services to low income and economically disadvantaged populations.
affordable housingcip bridges the gap between policy and development to improve the lives of low-income individuals. Cip's efforts in affordable homeownership are to build capacity and scale for long-term affordable housing. These types of programs are shared-equity mechanisms that offer homeowners reliable asset building opportunities while also preserving public investment.
education:cip has been a charter school lender for 20 years and has become a valuable financing source for our nation's charter schools. To ensure that low cost capital is available nationwide, cip offers (1) construction and renovation loans, (2) real estate acquisition and term loans, equipment loans, and (3) revolving lines of credit. Cip connects its borrowers to institutional investors to improve the amount and type of financing available. In 2016, disbursements totaled $37. 4 million to 10 charter schools that serve nearly 5,000 students, 79% of whom qualify for free or reduced price lunches. Cip developed or renovated more than 430,000 square feet of educational space.