BLOG | INVESTING WITHOUT COMPROMISE

TOPIC

ADDRESSING AFFORDABLE HOUSING NEEDS IN EVERY COMMUNITY.

Michael Lohmeier By Michael Lohmeier, CIO, Impact Community Capital

A couple of weeks back, IMPACT CEO Jeff Brenner shared his point-of-view on the crisis of a lack of affordable housing facing America’s communities. Today, I would like to share my perspective by highlighting two new developments, financed by IMPACT, that are good examples of our efforts to alleviate the shortage of affordable homes—a challenge impacting communities of every size across the nation. According to ECONorthwest, 22 states plus D.C. did not build enough housing between 2000-2015. In fact, production fell short by 7.3 million units. The California Housing Partnership reports that workers in many San Francisco Bay Area communities need to make at least four times the minimum wage (nearly $50...

Read more

HOW COMMUNITIES HAPPEN: ADDRESSING AMERICA’S AFFORDABLE HOUSING CRISIS THROUGH IMPACT INVESTING.

Jeff Brenner By Jeff Brenner, CEO, Impact Community Capital

I am fortunate to come to San Francisco to work every day. From the views of the Golden Gate Bridge, to the amazing food and the technological innovation, this city is a wonderful mash-up of diverse experiences. But, I am struck by the stark contrast of opportunity with the homelessness that I encounter as I move throughout the city during the day. It is a heartbreaking challenge shared by nearly every city in our country and one impacting more people every day. The causes are many as are the people and solutions trying to address it. One thing is certain, we have to build more housing that is affordable to more people....

Read more