WHO WHY WHAT FOCUS STORIES BLOG INVEST CONTACT FINANCING PROJECTS IN UNDERSERVED COMMUNITIES DELIVERING MISSION-DRIVEN CAPITAL TO MEET YOUR NEEDS Financing is one key tool that we use to help communities break barriers to success. As a certified Community Development Financial Institution (CDFI), we provide access to capital for projects in underinvested areas that are often overlooked by traditional banks. We work directly with our borrowers to get the most complicated transactions done. For more than 35 years, we have partnered with mission-aligned developers, organizations, and businesses to revitalize neighborhoods and deliver social impact. WORKING TO ACHIEVE EQUITABLE ACCESS TO KEY SERVICES When communities have access to essential services, they can break the barriers to success. As a leading nonprofit lender, we work to achieve this vision by delivering much-needed capital to key community pillars, including high-quality health centers and education facilities, healthy food retailers, mixed-use and affordable housing, cooperatives, and dignified aging facilities. Health Care Education Healthy Food Dignified Aging Affordable Housing Cooperatives OUR EXCITING NEW EFFORT TO SUPPORT SMALL BUSINESS Capital Impact Partners and CDC Small Business Finance have come together under Capital Impact’s CEO to transform the financial industry and accelerate solutions that address social and economic inequality through a national strategy. Learn More LEARN MORE ABOUT OUR LENDING INITIATIVES Lending Initiatives FOSTERING DEEP CONNECTIONS IN CORE GEOGRAPHIES While Capital Impact finances projects nationally, we realize the importance of fostering deep connections with communities to understand their needs and work with them to create tailored solutions. To that end, we cluster our investments in places where we have roots and are better positioned to leverage a deeper understanding of the context of our work, past investments and relationships, and market knowledge to maximize our impact. As part of this effort, we focus our lending in specific regions, including northern and southern California, Michigan and northwest Ohio, the New York Tri-State Area, Texas, and the Washington, D.C. Metro area. We do, however, encourage you to reach out if you have a high-impact project that fits within our mission outside of these areas. INTERESTED IN FINANCING? Contact Us Meet the team BENEFITS OF WORKING WITH CAPITAL IMPACT Mission-Driven We do not just measure results based on financial return, but rather by how we can address key social and economic justice issues in our communities. See Opportunity, Not Risk Where many traditional lenders may only see risk in supporting projects in low- to middle-income communities, we see opportunity to create financial impact and social justice. Three Decades of Experience For more than 35 years, we have delivered financing solutions and counsel that meet our borrowers’ individual needs and circumstances. Flexible Terms and Timelines We pride ourselves on issuing competitive loans that are also flexible and appropriately structured to fit our borrowers’ repayment abilities. This means offering financing of $1 million and up. Support for Innovation In addition to traditional transactions, we support innovative approaches that amplify impact, such as school-based health care centers, mobile service providers, and community centers and food hubs that serve multiple businesses. Deep Network of Partners Deep Network of Partners: To create tailored financing, we utilize our relationships with traditional financial institutions, government programs, insurance companies, pension funds, foundations, and impact investors and leverage their funds to support a range of community building projects. LEARN MORE ABOUT OUR LOAN PROCESS Lending Process Overview Loan Closing Checklist A VARIETY OF OFFERINGS TO MEET YOUR NEEDS Every project is different and we work to match your needs with the right product. We can do everything from acquisition through permanent financing, with a focus on real estate-backed loans of $1 million and up. Our experience with complex projects in underserved markets utilizing federal, state, and local subsidy programs will help you get your project done. Acquisition Loans to purchase land and buildings Bridge Loans to bridge grant funding or tax-credit equity investment Construction Loans to finance ground-up construction and renovation projects Pre-Development Loans for feasibility planning, architectural drawings & other early needs Tenant Improvement Loans to finance renovation at a leased facility Term Loans to take out construction loans, or leverage New Market Tax Credit transactions Equipment Loans to purchase equipment Working Capital Loans to finance operating cash flow needs Leverage Government Programs New Markets Tax Credits Federally Guaranteed Bonds CONNECT WITH OUR LENDING TEAM Contact Us Meet the team LENDING INITIATIVE HIGHLIGHTS In addition to offering direct loans, we partner with financial and social innovators to create lending initiatives targeting specific sectors and geographies to amplify community impact. Using the links below, you will find additional details about those offerings, or you can contact us directly. Age Strong Financing for projects that enable older adults to age in their communities and that transform the long-term care system. Bays' Future Fund & Community Housing Fund Advancing meaningful change to address critical housing needs, prevent displacement, and support racial and economic inclusion across the San Francisco Bay Area. California Community Grocers Fund Tailored and flexible financial products to meet the capital needs of small business owners and retailers working to increase access to healthy foods in disinvested communities. Capital Magnet Fund Loan amounts up to $8 million to support providing financing for the development, rehabilitation, preservation, and purchase of affordable housing in Detroit. CPCA COVID Response Loan Fund Loans of up to $1.5 million to bridge cash flow gaps experienced by California clinics and health centers as a result of COVID-19. CPCA Ventures Loan Fund Loans of up to $1 million to help California’s community clinics and health centers continue to meet the state’s expanding health care needs. Detroit Neighborhoods Fund Financing for multi-family residential properties and mixed-use real estate in key corridors throughout the city. Diversity in Development - Detroit Loan Fund Low-cost and flexible construction financing to minority developers who live in and around Detroit Diversity in Development - DMV Loan Fund Low-cost and flexible predevelopment and acquisition financing to minority developers who live in and around Washington, D.C. Healthier California Fund Supporting the growth and innovation of California’s community clinics and health centers treating low-income and uninsured patients by providing loans greater than $1 million. Michigan Good Food Fund A public-private partnership loan fund providing financing to good food enterprises that benefit underserved communities across Michigan. New Markets Tax Credits Attracting private investment capital to underinvested communities by providing individual and corporate investors a federal tax credit in exchange for making investments in businesses or economic development projects. Washington, D.C. DHCD Preservation Fund Preserving affordable housing that supports mixed-use, mixed-income neighborhoods across the District. READY TO START YOUR PROJECT? LET'S TALK Contact Us Meet the team STORIES OF IMPACT How One + One is Greater than Two for Underinvested Neighborhoods Washington, D.C. As a parent, Diana has a lot to manage among her three children. Fortunately, she discovered a unique opportunity to find a good school and quality health care all in the same place. Across Washington D.C., Capital Impact is working to ensure stories like this are becoming more common as we support developers creating projects that “co-locate” – important services that are vital to healthy communities. See how Combining Multiple Services is Creating Equity in the Nation’s Capital Detroit Developer Comes Home and Gives Back Detroit, Michigan When Richard Hosey returned to his hometown in 2008, the economic downtown had completely changed the city he remembered. Now the Detroit native has focused his efforts on returning the city to its former greatness. With support from Capital Impact, Hosey has turned an abandoned property into an affordable housing complex to help jumpstart a mixed-income neighborhood. Follow Richard’s Journey Fulfilling A Life’s Passion to Deliver Quality Health Care San Francisco, CA As a child, Charles Range had to drive miles for basic medical care. Now a medical professional, he sought to change that paradigm. With financing from Capital Impact, Range has transformed the South of Market Health Center from a small, back alley facility, to community pillar that is delivering quality care in one of San Francisco’s poorest neighborhoods. Visit Charles’ Passion Project ORGANIZATION Events Meet The Team News Partners, Funders, and Investors Press Publications Stories LEGAL Nondiscrimination Notice Privacy Policy Terms of Service HELP Careers Contact SUBSCRIBE TO OUR NEWSLETTER © Copyright 1982 - 2021. All Rights Reserved.