2022 IMPACT REPORT: BEYOND HOUSING
Building Equity, Inclusivity and Thriving Communities
IMPACT Community Capital has released its second annual impact report, “Beyond Housing: Building Equity, Inclusivity and Thriving Communities.” The report details the firm’s impact beyond providing access to safe and affordable shelter, highlighting the ways housing is a building block necessary for greater equity and inclusion in communities around the country.
During this nationwide crisis in housing affordability, the aggregate savings in 2021 for residents in IMPACT-financed affordable housing increased to $32.6 million – a total that reflects average monthly savings of $823 for a resident earning 30% of their area’s median income. The report highlights IMPACT’s investment footprint in communities with higher proportions of minority and “socially vulnerable” populations, where affordable housing offers tangible cost savings. These savings enable individuals and families to spend more of their monthly income on other essential areas, like healthcare, education, and childcare.
“At IMPACT, we are convinced that investing in affordable housing is about much more than providing shelter,” said Jeff Brenner, President and CEO of IMPACT. “If the housing is well-planned, it provides access to transportation, jobs and needed services. If it is affordable, residents aren’t left to choose between healthcare, childcare and groceries. At its core, access to affordable housing can support family stability and more resilient communities.”
Watch our highlight video and read our 2022 Impact Report to learn more about how IMPACT continues to build opportunities through providing stable housing. Download the full report here.
Disclaimer: This post is not an offering document for any securities. It is also not an offer of, or an agreement to provide, advisory services directly to any recipient. The information presented is intended to describe certain views of the author and Impact Community Capital LLC. The information presented in this post may contain statements of opinion, forward- looking statements and relies on certain assumptions. Any such opinions, forward-looking statements and assumptions may be inaccurate, and there can be no assurances that the examples included herein will reflect actual investment outcomes. Neither the author nor Impact Community Capital LLC intends or assumes any obligation to update or revise these opinions, forward-looking statements and assumptions in light of developments which differ from those anticipated. Past performance may not be indicative of future results and there can be no guarantee as to the return or volatility of any particular impact investment or set of impact investments. All investments carry a risk of loss that investors should be willing and able to bear. Use of this document is subject to the terms and conditions set forth on Impact Community Capital LLC’s website and can be accessed at https://impactcapital.net/terms