Impact Funding LLC Completes $302 Million Securitization

SAN FRANCISCO, June 21 /PRNewswire/ — Impact Funding LLC, a wholly-owned subsidiary of Impact Community Capital LLC,
today announced that it has successfully closed a $302 million securitization of affordable multifamily mortgage loans. The
securitization is officially known as “Impact Funding Affordable Multifamily Housing Mortgage Loan Trust 2010-1” and consists of
176 first mortgage loans on affordable multifamily properties located in 24 states, including 100 properties located in the State of
California.
Barclays Capital, Inc. acted as initial purchaser, sole manager and bookrunner for the transaction. The securitization was rated
by Standard & Poor’s Ratings Services. Pacific Life Insurance Company is the master servicer and special servicer and Wells
Fargo Bank, N.A. is the trustee for the securitization. Impact Community Capital LLC and its affiliates were represented in the
securitization by Dechert LLP.
Impact 2010-1 is the third securitization transaction sponsored by Impact Community Capital LLC following its $40.3 million
Impact Funding 2000-A LLC securitization and its $164.2 million Impact Funding 2001- A securitization. Impact Community
Capital LLC’s investments and investment commitments currently exceed $1 billion.
About Impact Community Capital LLC
Impact Community Capital LLC is a for-profit limited liability company formed in March 1998 for the purpose of fostering
community investment, especially in lower income and underserved communities. The voting class members of Impact
Community Capital LLC are: (i) Allstate Insurance Company, (ii) Farmers Insurance Exchange, (iii) Nationwide Mutual Insurance
Company, (iv) Pacific Life Insurance Company, (v) SAFECO Insurance Company of America, (vi) State Farm Mutual Automobile
Insurance Company, (vii) Teachers Insurance and Annuity Association of America and (viii) 21st Century Insurance Company.
For more information on Impact Community Capital LLC, visit www.impactcapital.net.
SOURCE Dechert LLP
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