IMPACT’s newest team member, Director of Investor Relations and Capital Markets Melissa Radic, explains what led her to IMPACT and why she is excited to take on the opportunity in our most recent insight.
Portfolio Manager Paul Hwang discusses how the economic crisis caused by COVID-19 has only amplified what businesses already recognize — the importance of affordable housing for their employees, customers, partners and the communities in which they operate.
While many investors use impact strategies to fulfill a desire to promote social good, we believe that affordable housing has built-in characteristics (along with the low correlation we’ve discussed in previous posts) that make affordable housing debt a source for stable, attractive, long-duration investment.
In our last blog, IMPACT presented analysis of the performance potential of affordable housing investments in the post-2008 era. In this follow-up blog post, we’ll examine another opportunity for institutional investors seeking entry into impact investing: The diversification attributes of affordable housing investments.
Nearly 20 years ago, IMPACT got its start financing affordable housing. But we knew that increasing the supply of quality, deeply affordable housing was not enough. We began thinking about how we might leverage our experience and investor base to create the other building blocks of communities.