- What is IMPACT?
- Who are IMPACT’s current investors?
- What investments has IMPACT made?
- What’s unique about IMPACT?
- Why invest with IMPACT?
Q: What is Impact?
Impact Community Capital LLC was formed in 1998 to build a replicable and scalable model for high impact investing. The first venture of its kind in the United States, Impact has proved to be a dynamic, effective vehicle on behalf of its investors. IMPACT has provided over $1 billion in financing for projects in 38 states and the District of Columbia.
The investments are targeted towards multifamily affordable housing, including workforce housing, and economic development.
Q: Who are Impact’s current investors?
IMPACT investors are Allstate Insurance Company, Bank of America, N.A., Farmers Insurance Companies, Genworth Financial, Metropolitan Life Insurance Company, Nationwide Mutual Insurance Companies, Pacific Life Insurance Company, PMI Mortgage Insurance Company, Safeco Insurance, State Farm Insurance Companies, TIAA-CREF, and 21st Century Insurance Company.
Q: What investments has Impact made?
IMPACT has provided over $1 billion in capital benefiting residents of low income communities. Investments specifically target development of affordable multifamily housing, healthcare, childcare & community facilities, and growing small business, all of which are critical to healthy, vibrant, strong communities.
Q: What’s unique about Impact?
IMPACT has pioneered the securitization of community investments. By standardizing and pooling investments, IMPACT enables investment grade ratings for large portions of its investment pools. Impact creates innovative structures leveraging tax credits to enable safe investments in deep-reach community activities, such as childcare. Such innovations and programmatic approach enable large scale, prudent investment.
Q: Why invest with Impact?
Through the issuance of rated, investment-grade securities, IMPACT has the capacity and flexibility to finance transactions that are not themselves rateable. IMPACT also has the track record, professional staff, and expertise to source and structure complex community investments. This practice has opened new markets and created new opportunities for impact investing. IMPACT has become a valuable resource to investors seeking quality investments that make an impact.