For investors seeking to add impact to their portfolios, Impact Community Capital (“IMPACT”) delivers a proven platform for investments that are scalable and institutionally sound, while unleashing economic opportunities in America’s communities. Our 20-year track record demonstrates the ‛positive returns’ of impact investing for investors and our communities.
Southern California. Access to well-paying jobs is a critical step on the path out of poverty. Seeking to invest in job creation, IMPACT worked with a respected fund manager serving lower middle market companies to indirectly provide financing to a manufacturer of structural alloys, located in an Enterprise Zone, that was facing a possible shutdown without more capital. This investment initially preserved 57 jobs and the manufacturer has grown to 129 full time employees, approximately 80% of which reside in low/moderate income communities.
San Benito Health Foundation,
Hollister, CA. The health center was established to provide access to health care services for agricultural workers and other low-income members of the communities of San Benito County. The clinic provides a full spectrum of services including primary, pre-natal, pediatric, geriatric, dental and women’s care. By leveraging the federal new markets tax credit, IMPACT made an investment to allow the health center to upgrade and expand its services.
Beech Grove Senior Apartments,
Beech Grove, IN. In a community where the senior population is projected to increase more than 12 percent in the next five years, IMPACT provided financing to build 60 modern affordable residences. The residences are available only for people 55 and older. The residences are priced to be affordable to individuals whose incomes are below 30%, 50% and 60% of Area Median Income (approximately $49,000 in 2016). These residents now enjoy quality homes close to public transportation and retail. Investing with a purpose.
Wall Street Green II,
Sumter, SC. The supply of affordable rental housing across the U.S. fell 60 percent from 2010 to 2016—a challenge that extends beyond large urban communities. * *Jan, Tracy. “America’s Affordable Housing stock dropped by 60 percent from 2010 to 2016.” The Washington Post, October 23, 2017.IMPACT helped address housing needs in Sumter, South Carolina, facilitating the construction of 32 rental housing residences offering rents 40% below market rates. Investing to allow people to live where they work.
International Center to Prevent Violence,
San Francisco, CA. In partnership with local, federal, and international agencies such as the United Nations Development Fund for Women, IMPACT catalyzed the redevelopment of a historic property in the Presidio. The Center supports local job creation, houses an interactive learning center and conference space, allowing the Family Violence Prevention Fund to advance equality, empowerment and justice worldwide. Transforming communities through high impact investments.
Anaheim, CA. As homelessness is expected to increase across America, IMPACT partners with local non-profits to provide permanent and supportive housing solutions. This development in Anaheim provides 48 residences for families who were homeless with children in local schools, and another 15 for residents receiving services through the Mental Health Services Act. Recognized by Multifamily Executive Magazine as 2017 Multifamily Affordable Deal of the Year. Investing and impact don’t have to be mutually exclusive.
YWCA Urban Campus Jobs Center,
Los Angeles, CA. IMPACT’S investment facilitated a new seven-story, state-of-the art YWCA facility providing affordable child-care, after-school youth programs and sexual assault crisis services for LA families. The facility also houses 200 dorm rooms for at-risk youth receiving job training in the Los Angeles Job Corps program. The positive returns of an impact investment.
IMPACT was founded by prominent insurance companies and is guided by their well-considered expectations of financial performance and corporate stewardship. You are investing alongside companies who take the time to carefully balance reward and risk, and recognize the value of purpose-driven investments.
21 Century Insurance • AllState • Farmers Insurance • Pacific Life • Nationwide • StateFarm • TIAA