Community Economic Dev / Financial investments
Impact Measurement Can Drive Business Value (08/26)
The Global Impact Investing Network surveys impact investors and learns that in addition to environmental and social benefits, measuring their investments can improve financial performance.
Community Capital Management Publishes Annual Impact Report (03/21)
In a webinar, Chief Impact Investment Officer David Sand emphasizes the importance the sustainable fixed income firm places on environmental and social impacts.
New Revenues Will Pay for Sanders' Economic Plan, Economist Says (02/11)
Gerald Friedman, staff economist for the Center for Popular Economics, analyzes the Sanders economic platform and concludes that new revenue streams make the ambitious plan feasible.
Obama to Propose New Fee on Oil (02/05)
Citing the opportunities in addressing climate change, the President's budget proposal will include a $10 per barrel fee on oil that will be used to build a sustainable national transportation infrastructure.
Community Capital Management a Top Fund Performer in 2015 (01/23)
The fund tracker Morningstar ranks the performance of the firm's fixed income investment product among the top one percent of 309 funds in the intermediate government category.
Report Details Impact Investment Opportunities in East Africa (08/12)
The Global Impact Investing Network and Open Capital Advisors publish a country by country analysis of impact investing activity in the region.
Community Capital Management Expands Green Bond Offerings (06/08)
The fixed income investment adviser offers opportunities for sustainable investors to meet their community investment mission.
Community Capital Management Outlines Plans for $100 Million in Rural Development Bonds (03/23)
The Florida based fixed income investment adviser published a report in which it reveals that it plans to invest $100 million in bonds financing rural community development.
Founder of Hope Credit Union Receives 2014 Ned Gramlich Award for Responsible Finance (10/17)
Bill Bynum, CEO of the Mississippi-based Hope Credit Union, is awarded for his efforts to advance economic opportunity in low-income communities.
Federal Program Helps Wall Street, not Homeowners (10/08)
Distressed mortgages insured by the Federal Housing Administration are being sold to the highest bidder without regard to neighborhood stabilization. First of a two-part series.
$50 Million to be Invested in Sustainable Agriculture (10/04)
Community Capital Management commits to investing $50 million of fixed income investments in sustainable agriculture initiatives.
Three CDFIs receive NEXT Awards for Opportunity Finance (09/24)
The annual awards, which focused this year on expanding affordable housing, will presented at the annual meeting of the Opportunity Finance Network in October.
Opportunities for Green Bond Investment Increasing (09/15)
The investment advisory firm Community Capital Management publishes a white paper describing several green bond opportunities that have become increasingly popular among sustainable fixed income investors.
California CDFI First Recipient of Guaranteed Treasury Bond (08/25)
Clearinghouse Community Development Financial Institution will use the $100 million bond to finance community development projects in California and Nevada.
New Jersey Creates Energy Resilience Bank (08/13)
The state-run bank will use disaster relief funds issued following Superstorm Sandy to help finance energy resilience by increasing the number of distributed energy resources.
Third National Climate Assessment Published (05/06)
In its new report, the US Global Change Research Program asserts that the effects of climate change have already become a present day concern, and announces the launch of a website to help Americans receive reliable scientific information.
Automated Financial Reporting for CDFIs Launched (04/24)
The CDFI Assessment and Ratings System developed by CARS allows community development financial institutions to share quarterly performance data with their investors.
Community Capital Management Publishes First Impact Report (02/11)
The Florida-based fixed-income investment adviser reports on its use of proceeds and the social programs financed by its investment activities.
Community Capital Management Commits $200 Million to Community Development (10/12)
The fixed income investment advisory firm announces its first Clinton Global Initiative America commitment, and will invest at least $200 million over the next year to help revitalize low-income communities.
CDFI Fund Awards over $172 Million to Community Development Financial Institutions (10/01)
191 community development financial institutions will use awards from US Treasury's Community Development Financial Institutions Fund to provide lending and investments in low-income and economically distressed communities.
Three Community Lenders Awarded $8.25 Million (09/18)
Opportunity Finance Network presents the 2013 Wells Fargo NEXT Awards for Opportunity Finance to three community lenders for their pioneering strategies for financial products and services in low-income communities.
Community Investment Practitioners Urged to Diversify Approaches (08/27)
A new report published by US SIF notes barriers to increased community investment but finds that the industry is poised for expansion if practitioners can diversify products and marketing.
More than $90 Million Invested in SJF Ventures Fund (05/04)
SJF Ventures, a sustainable venture capital partnership, conducts the final closing of its SJF Ventures III fund with more than $90 million in equity investments in cleantech and technology-enhanced services.
Root Capital Surpasses $500 Million in Lending to Agricultural Businesses (03/28)
Helping to address a need that has been estimated at $450 billion, the agricultural lender anticipates $1 billion in loans over the next five years to small agricultural businesses in developing nations.
CDFI Fund to Focus on Financing of Community Health Centers (03/23)
The Financing Community Health Centers series will provide training and technical assistance to community development financial institutions to help them expand the financing of community health centers.
Sustainable Investment Forums Form International Alliance (01/29)
The Global Sustainable Investment Alliance, consisting of seven major sustainable membership organizations, publishes a survey of global trends in sustainable investment.
US SIF Publishes Biennial Sustainable Investment Trends Report (11/24)
The 2012 Trends Report notes a total of $3.74 trillion in assets allocated to sustainable investment, a 22% increase over a two-year period.
Community Capital Management Invests over $4 Million on Behalf of Sustainable ETF (11/21)
The Florida-based fixed income investment manager, one of the portfolio managers for the AdvisorShares Global Echo exchange-traded fund, invests in projects that promote job creation and provide housing for low- and moderate-income residents.
Founder of New Hampshire Community Loan Fund Wins Responsible Finance Award (10/18)
Juliana Eades, President and founding Executive Director of the New Hampshire Community Loan Fund, receives the fifth annual Ned Gramlich Award for Responsible Finance from Opportunity Finance Network.
Three Community Development Financial Institutions Receive 2012 NEXT Awards (10/09)
Primary Care Development Corporation will receive $4.25 million to expand beyond New York State, while Clearinghouse CDFI and the Corporation for Supportive Housing each receive awards of $2 million.
Congress Unlikely to Pass 2012 Farm Bill in Time (09/11)
As severe cuts in the food stamp program and assistance to farmers seem more likely, the responsibility for building a sustainable food supply falls to sustainable investors and other key stakeholders.
Muhammad Yunus, Father of Microcredit and Nobel Peace Prize Recipient, to Address SRI Conference (09/05)
The founder of the Grameen Bank will be the keynote speaker at October's SRI Conference on Sustainable, Responsible, Impact Investing, which will also feature author Deepak Chopra and Robert F. Kennedy Jr. Second of a two-part series.
Rebranded, the SRI Conference Heads East (09/03)
SocialFunds.com talks with Steve Schueth of First Affirmative Financial Network about the history of the conference and the decision to locate it at the Mohegan Sun in Connecticut this year. First of a two-part series.
New York City Codifies Climate Change Adaptation (08/31)
The legislation, which will require the city's Climate Change Adaptation Task Force to update its assessment of the effects of climate change every three years, is the first ordinance from a US city to use latest climate science to develop adaptation strategies.
A Record Amount of Dollars Awarded by CDFI Fund in 2012 (08/14)
Almost $187 million is awarded to 210 community development financial institutions that provide financial services to distressed communities that are often overlooked by mainstream financial institutions.
How to Fund a Sustainable Food System (08/09)
RSF Social Finance publishes a report on steps investors can take to help build a just and sustainable food system in the US.
Finalists for 2012 Wells Fargo NEXT Awards Announced (08/01)
Three community development financial institutions are named as finalists for $8.25 million award to expand affordable housing, health care, or community facilities in distressed markets.
Community Investment Options Increase but Barriers Remain (07/04)
A report from US SIF details an increasing number of community investment options, but low awareness, perceptions of low returns and high risk, and increased regulatory scrutiny remain as barriers to a wider uptake of the practice.
A Giant Leap Forward, or Unsustainable Business as Usual? (06/22)
The Natural Capital Declaration, launched at Rio+20, aspires to properly value the environment in financial transactions, but at least one nongovernmental organization argues that the pricing of environmental assets is a fatally flawed solution.
Business Leaders Call for Sustainable Economic Recovery (06/16)
Members of the American Sustainable Business Council visit the White House for a summit in which they describe a market that accounts for externalities and benefits all participants.
CDFIs Rebound from Financial Crisis (06/13)
The National Community Investment Fund reports that 88 certified community development financial institutions earned a net income of $82 million in 2011, reversing a two-year decline.
Fund Seeks to Improve the Lives of East African Farmers (06/08)
The Global Impact Investing Network publishes a case study of the African Agricultural Capital Fund, which invests in environmentally sustainable agriculture projects to benefit the rural poor in sub-Saharan Africa.
Time for Investment in Africa Is Now (06/07)
The second annual Ernst & Young survey of investment in Africa finds a distinct perception gap between the overwhelmingly positive responses of investors already doing business in Africa, and the possibly outmoded views of those who do not.
JP Morgan Chase Holds Annual Meeting Days After $2 Billion Loss (05/17)
A resolution calling for improved corporate governance through separating the roles of Chair and CEO gains 40% of shareowner support.
UNDP Reports on Outlook for Sustainable Development in Asia-Pacific (05/10)
Exploring both widespread poverty and the impacts of climate change on the region, the report warns that the private sector and other stakeholders must act in order to galvanize government action.
Shared Interest to Reach More Low-Income South Africans (04/19)
The investment fund's Campaign for the Next Generation seeks to provide opportunities for an additional 500,000 low-income South Africans, while reforming the practice of mainstream banking.
$1 Million Grant to Automate Reporting by Community Development Financial Institutions (03/28)
The grant from Citi Foundation will help the CDFI Assessment and Ratings System automate its financial performance data collection system for community development financial institutions.
Initiative of Calvert Foundation Seeks to Invest in Women (03/15)
A $1 million grant from the Citi Foundation launches the Calvert Foundation's Women Investing in Women Initiative, which seeks to raise $20 million for economic opportunities for women.
SJF Ventures Announces Initial Closing of Impact Investment Fund (03/10)
Capitalized entirely by private investment, the $75 million SJF Ventures III fund will target growth-stage cleantech companies with positive impacts on low-to-moderate income communities.
Principles for Investors in Inclusive Finance Publishes Compendium of Case Studies (02/16)
The Principles for Investors in Inclusive Finance wraps up its first year with case studies designed to help provide sustainable financial products and services to the world's poor.
Climate Change and COP17 from an African Perspective (01/03)
SocialFunds.com talks with Graham Sinclair, President of AfricaSIF, about his impressions of the recently concluded climate change conference held in South Africa.
Shortfall in Water Infrastructure Investment Could Reach $84 Billion by 2020 (12/21)
The American Society of Civil Engineers warns of environmental and public health consequences of a failing water infrastructure, and maintains that private investment is crucial to reversing current investment trends.
New Report Surveys Current State of Impact Investing (12/16)
The Global Impact Investing Network finds that impact investors often provide debt investments to microfinance institutions in emerging markets, but provides little to distinguish the practice from sustainable investing.
Community Capital Management's Flagship Fund Surpasses $1 Billion in Assets (12/14)
The Community Reinvestment Act (CRA) Qualified Investment CRA Shares fund, which helps banks meet the credit needs of the communities in which they operate, now has over 300 bank shareowners.
Populist Outrage Takes on Big Banks (11/05)
Today is Bank Transfer Day, and consumers are encouraged to move their accounts from megabanks to credit unions and community development banks.
New SJF Ventures Fund Is Designated a SBIC Impact Fund (11/04)
The North Carolina-based venture capital partnership receives green light to capitalize a $75 million fund that will invest in cleantech startups in low-to-middle income communities.
CDFIs from Maine and Pennsylvania are 2011 NEXT Awardees (10/26)
Coastal Enterprises will expand its Working Partner Initiative, while The Progress Fund will expand and support replication of its Trail Town Program.
SRI in the Rockies: CDFI Fund Director Donna Gambrell Delivers Keynote Address (10/08)
Gambrell challenges sustainable investors to help "realize the tremendous potential that exists for a partnership" with the CDFI industry.
Clinton Praises $10 Billion Green Infrastructure Investment (09/24)
The Investment and Training for American Infrastructure, launched by the AFL-CIO and the American Federations of Teachers, commits $10 billion in investment in energy-efficient infrastructure improvement and will train 140,000 workers.
CalPERS to Quadruple Investment in California Infrastructure (09/17)
Pension fund earmarks $800 million for investments of at least $150 million in infrastructure projects that support essential community services.
Sustainable Initiatives Supported by Fixed Income Investing (09/08)
A white paper from Community Capital Management describes five categories of fixed income investments that can support environmental and social goals while providing competitive returns.
Report Surveys Ten-Year Performance of Community Development Banking Institutions (09/05)
The National Community Investment Fund reports that community development banking institutions have risks and returns comparable to mainstream banks, while offering far greater social impact.
Bond Program Will Increase Funding for CDFIs (08/26)
Mark Pinsky of the Opportunity Finance Network talks with SocialFunds.com about the CDFI Bond Guarantee Program, which will allow community development financial institutions to access $3 billion in guaranteed financing.
AfricaSIF Co-Founder Describes Challenges to Sustainable Investment in Africa (08/24)
Graham Sinclair talks with SocialFunds.com about a recent report he authored on sustainable investment in sub-Saharan Africa, and the challenges to mainstreaming the practice on the continent.
Community Development Financial Institutions Anticipate Expanding Services (08/17)
Mark Pinsky of Opportunity Finance Network talks with SocialFunds.com about the challenges and opportunities of providing financial products and services to low-income communities over the next 15 years.
Oxfam Commends IFC for Revised Sustainability Framework (08/11)
The IFC now says that its investments in private sector enterprises in developing countries will require Free Prior and Informed Consent and payments to host governments by companies in the extractive industries.
Community Development Banks: Too Important to Fail (08/06)
The National Community Investment Fund reports that the risks and returns of Community Development Banking Institutions are similar to traditional banks, but that they have far greater social impact.
ImpactAssets Seeks to Administer $1 Billion in Impact Investing Assets (07/15)
Ten years after developing the Giving Fund for the Calvert Foundation, Tim Freundlich talks with SocialFunds.com about the nonprofit's efforts to catalyze investment for environmental, social, and financial impact.
Report Studies Impact Investing in Emerging Markets (06/07)
Responsible Research finds that while challenges to effective measurement of social and financial benefits persist, the opportunities for impact investors in emerging markets are likely to grow.
Community Investing Fixed-Income Fund Reaches $1 Billion in Assets under Management (11/22)
Community Capital Management's Community Reinvestment Act (CRA) Qualified Investment Fund has invested over $3 billion in community development activities.
Book Review-Good Policies For a Great America, published by Opportunity Finance Network (10/06)
A new collection of essays on the impact and possibilities of the opportunity finance industry is a guidebook for the next President and Congress.
Green Fast Food: Really Here or a Green Dream? (07/11)
The fast food industry is seeing a growing demand for environmental sustainability. How can investors, consumers, and other stakeholders know which restaurants are truly embracing sustainable development and which are only greenwashing their practices?
Good Mortgages Still Going to Good People (11/07)
Community development financial institutions and their customers across the country are disproving the idea that low-income people are mortgage risks.
The Growth of Green Building Funds (11/30)
A new urban green real estate fund from Revival Fund Management exemplifies a budding trend toward private funds capitalized by accredited investors.
Merrill Lynch Uses CDFI Assessment and Ratings System on $93 Million Community Investment (11/08)
While many investors use the CARS ratings as secondary information in their community investment decisions, Merrill Lynch will use it as its primary underwriting tool.
Nobel Prize Links Microfinance to Peace (10/17)
The granting of the Nobel Peace Prize to Muhammad Yunus and the Grameen Bank breaks new ground by explicitly linking economic development to peace development.
Microfinance Crosses Continental Divide with $100 Million Commitment from TIAA-CREF (10/09)
TIAA-CREF inaugurated its Global Microfinance Investment Program by purchasing from ProCredit Holdings $43 million in private equity shares, a new strategy in microfinance.
Calvert and Ford Foundations Help Launch Public Radio Fund to Democratize the Airwaves (08/10)
The foundations jointly seeded $4.5 million in the revolving loan fund administered by Denver-based Public Radio Capital to provide low-interest loans to public radio projects nationally.
Missouri Farmers Union Credit Union Supports Sustainability in Low-Income Rural Areas (07/10)
The new credit union supports cooperative entrepreneurial models that advance social responsibility and environmental sustainability in low-income agricultural regions.
The Numbers--and the Stories Behind Them--on Community Development Financial Institutions (06/02)
CDFI Data Project recently released the most comprehensive report on the CDFI industry, with statistics documenting CDFI growth and case studies illustrating positive social impacts.
Wainwright Bank and Equal Exchange Partner to Offer the First Branded Certificate of Deposit (06/01)
This new branded CD model is particularly suited to socially responsible banks, companies, and investors, as the increased social returns can counterbalance the slightly higher financial risks.
Using the Same Tape Measure: MicroRate To Launch Tool for Rating Microfinance Funds (05/24)
The rating tool, a project supported by Gray Ghost Microfinance Fund, Omidyar Network, and Gates Foundation, is yet another step toward establishing microfinance as a distinct asset class.
Ecological Community Loan Pool Directly Links Ecologically Minded Investors to Eco-Preneurs (05/23)
The portal created by Ecostructure Financial tweaks the community development financial institution model to allow investors to lend directly to startups solving environmental problems.
The Case for Categorizing Community Development Venture Capital as a New Asset Class (05/18)
A white paper by Pacific Community Ventures lays out the argument and identifies steps to promote growth in community development venture capital, such as standardizing social return metrics.
Common Good Bank Advances One Branch of Community Investing Evolution (04/05)
The bank promotes the common good by distributing excess profits to the community and by making all lending and spending decisions through participatory democracy.
New International Finance Corporation Sustainability Standards: Watershed or Watered Down? (11/23)
A group of socially responsible investors express concern over perceived shortcomings in the proposed IFC policy revisions, while the IFC points out where the policies break new ground.
Fonkoze Helps Transform Microfinance to Reach the Poorest of the Poor in Haiti (11/18)
After convening a summit on how to modify microfinance to serve the extreme poor, Fonkoze adapts a model pioneered by the Bangladesh Rural Advancement Committee.
Consortium Advances Microfinance as an Emerging New Asset Class (11/09)
The Global Commercial Microfinance Consortium, with its $75 million fund, links mainstream financial institutions to socially responsible investment practitioners with microfinance experience.
Community Development Financial Institutions Spread Like Wild Grass in Indian Country (10/25)
First Nations Oweesta Corporation serves as a national umbrella organization providing the structural framework and organizational support to fuel current exponential Native CDFI growth.
The Power of Three: SJF Ventures Sets Precedent in Community Development Venture Capital (06/16)
SJF and its partners won all three award categories at the annual conference of the Community Development Venture Capital Alliance, which promotes economic, social, and environmental advancement.
Microfinance and Donor-Advised Fund Provide Tsunami Relief (05/27)
A Grameen Foundation USA report examines barriers and opportunities for using microfinance as tsunami relief, and the Calvert Foundation funnels donations to tsunami-ravaged Sri Lanka.
Measuring Social Returns on Community Development Venture Capital Investment (04/21)
The Community Development Venture Capital Alliance releases the Measuring Impacts Toolkit, which attempts to quantify social returns from community investments.
Not Just for Corporations: Six Microfinance Banks on Three Continents Use GRI Guidelines (03/16)
Microfinance institutions in Africa, Asia, and South America are issuing sustainability reports using Global Reporting Initiative guidelines, as are other non-corporate entities such as GRI itself.
Bush Budget Ghettoizes 18 Community Development Programs, Slashing Their Funds (02/16)
Community development advocates criticize the proposed budget for fiscal year 2006, as the consolidated programs will have to compete with one another for a smaller pool of funds.
Community Investment Surpasses the $1 Billion Mark at The Rock (02/03)
The Prudential Financial Social Investment Program, one of the oldest community investment programs in the country, has distributed more than $1 billion before its 30th anniversary.
Fonkoze Partners With Zanmi Lasante to Link Microfinance and Health in Haiti (10/22)
The largest microfinance institution in Haiti teams with a renowned community health provider to launch a new bank and hospital in a rural village.
FDIC Proposes Rule Watering Down Community Reinvestment Act Requirements (10/19)
The SaveCRA.org website promotes opposition to the rule change, posting information and a sample letter to file with the FDIC before the end of the comment period tomorrow.
First and Largest International Microfinance Bond Issued (08/18)
Grameen Foundation USA joins forces with two socially responsible investment firms to issue a $40 million bond to support microfinance institutions in nine developing nations.
CRAFund Goes Retail (08/10)
Formerly available only to institutional investors, the Community Reinvestment Act Qualified Investment Fund is now available to individuals through Charles Schwab.
Microcredit Development Fund Helps Transform Household Scraps into Sustainable Entrepreneurship (08/05)
The Deutsche Bank Microcredit Development Fund seeks to alleviate poverty worldwide by helping microfinance institutions grow to scale and achieve sustainability.
Assets in CDFIs Grew Twice as Fast as Those in Commercial US Banks (07/20)
A new study of community development financial institutions highlights several key distinctions between CDFIs and mainstream financial institutions.
Community Investment Benefits Middle Income Earners in Los Angeles (06/25)
The Genesis Workforce Housing Fund develops the first institutional investor-backed project promoting home-ownership for middle-income earners in the US.
Community Investment Institutions Managed By and Benefiting African Americans (06/16)
Generations Community Credit Union, Carver Bancorp, and UrbanAmerica are three African American managed community investment institutions.
Sarona Supports Microfinance To Help Alleviate Poverty in Developing Regions (06/03)
The Sarona Global Investment Fund finances starch processing in Paraguay, a foundation supporting small enterprises in Romania, and a savings and loan cooperative in Haiti.
Matchmaker Boosts FDIC Limit to $5 Million for Community Development Banks (05/18)
A new system allows community development banks to trade portions of deposits, upping the amount covered by the Federal Deposit Insurance Corporation to $5 million.
CRA Fund Helps Transform Environmental Liabilities Into Social Assets (02/12)
The CRA Fund supports environmental remediation of brownfield sites, helping transform them into socially beneficial projects.
Community Investment Advocates Question Bank of America/FleetBoston Merger (01/23)
Bank of America is responding to critics of its proposed merger with FleetBoston.
Community Development Financial Institutions Help Rebuild Post-9/11 (10/21)
The National Community Capital Association unveils a report on the impact of CDFIs on post-9/11 lower Manhattan.
Jazz and Orchids Provide Inner City Hope and Opportunity (08/22)
An interview with William Strickland, CEO of the not-for-profit Manchester Bidwell Corporation in Pittsburgh, reveals he is continuing to push the boundaries of inner city economic development.
Guide Rates Best and Worst Lenders in Terms of Reaching the Underserved (03/25)
When it comes to reaching minorities, women, and low- and middle-income borrowers, Bank of America rates as one of the best and ABN AMRO rates as one of the worst.
Congress Cuts Funding for New Markets Venture Capital Program (03/05)
The New Markets Venture Capital program, which provides entrepreneurial expertise and equity capital to small businesses in low-income regions, received the Congressional ax.
Top Five Social Investing News Stories of 2002 (01/14)
The major social investing news stories of the year include significant corporate governance reforms and the success of community investment.
Freddie Mac's SHIP Sails Over the Stormy Seas of the Bear Market (11/27)
The Socially Responsible Housing Investment Program (SHIP) run by Freddie Mac earns positive returns while supporting low-income housing.
Community Investing Pays (10/10)
New study refutes the myth that loans to low-income borrowers carry higher risk than loans to conventional borrowers.
CDVCA's Double Bottom Line (09/13)
By investing capital in low-income communities, community development venture capital funds create jobs and foster economic development.
Conference to Consider the Business Case for SRI (07/29)
Institutional investors will discuss SRI at the Green Mountain SRI Summit, to be held in Stowe, Vermont in September.
SRI Simulations Beat Benchmarks (06/26)
The Triple Bottom Line Simulation demonstrates to institutional investors how socially responsible investing generates positive financial, social, and environmental returns.
Ben & Jerry's Co-founder Invests in "Sweat-free" Garments (09/10)
Following the sale of the Ben & Jerry's label to Unilever, Ben Cohen has shifted his focus from ice cream to the clothing industry as a vehicle for social change.
Community Investment As a Means of Competitive Advantage (08/10)
Ford Foundation report illustrates how companies are finding investment in rural and urban markets to be good business.
Budget Proposal Threatens Huge Cut in CDFI Fund (06/28)
House and Senate subcommittees will soon be looking at a Bush budget proposal that cuts CDFI Fund funding by nearly half.
Entrepreneurs Foundation Starts Up Community Service (05/10)
Innovative organization taps the resources of the entrepreneurial sector to strengthen communities.
Louisville Community Development Bank Focuses on Inner City Neighborhoods (05/08)
Unique bank helps turn pockets of despair into pockets of hope.
Bank of America Invests in Affordable Housing (04/11)
Funding of a non-profit syndicator of federal tax credits is part of a 10-year, $350 billion commitment to community development banking.
Mutual Fund Breaks New Ground in Community Investment (03/21)
The CRA Qualified Investment Mutual Fund now allows investors to direct their money to specific communities.
Shorebank Offers National Banking with Community Impact (05/24)
The oldest and largest community development bank in the U.S., Shorebank is uniquely positioned to be the bank of social investors.
California State Treasurer Launches Community Investment Initiative (05/15)
In a report released last week, Treasurer Philip Angelides musters $8 billion of investments in domestic emerging markets to help underserved communities.
Calvert Launches Linked Account for Social Impact (05/09)
A new product combines measurable social returns with the flexibility and liquidity of a money market account.
Ohio Fund Finds Room for Children to Grow (04/29)
Ohio Community Development Finance Fund promotes the social benefits of adequate childcare facilities across the state.
VCLF Makes a Big Difference in a Small State (02/10)
Vermont Community Loan Fund brings a vibrant program of affordable housing, community facilities, and small business to the Green Mountain State.
Delta Community Harvests Sustainability in Sweet Potatoes (01/11)
The Enterprise Corporation of the Delta provides capital for vital community development in rural Mississippi town.