The loan to LISC addressed the CDC's cash-flow challenges and allowed organization to increase its production capacity by covering the expense of foundations/slabs for four new affordable single-family homes.
The multi-lender loan to LISC provided capital to the only commercial composting company in Northeast Florida for permitting and engineering work needed prior to build out. Composting will divert 24,000 tons of waste from landfills yearly, reducing greenhouse gas emissions in Jacksonville by 21,2150 metric tons annually (the effect of taking 55,000 cars off the road).
The PRI loan provided bridge capital to address the nonprofit's cash flow challenges due to increase in demand for shelter paired with reimbursement of state dollars in arrears for temporarily housing those experiencing homelessness in motels during the pandemic.
The PRI loan supported the relocation and build out of the nonprofit's offices in The Jessie in order to increase efficiencies that directed more revenue to mission by reducing utility, technology, and rent costs.
The PRI loan supported the relocation and build out of the nonprofit's offices in The Jessie in order to increase efficiencies that directed more revenue to mission by reducing utility, technology, and rent costs.
The PRI loan supported the relocation and build out of the nonprofit's offices in The Jessie in order to increase efficiencies that directed more revenue to mission by reducing utility, technology, and rent costs.
The PRI loan supported the relocation and build out of the nonprofit's offices in The Jessie in order to increase efficiencies that directed more revenue to mission by reducing utility, technology, and rent costs.
The PRI loan supported the relocation and build out of the nonprofit's offices in The Jessie in order to increase efficiencies that directed more revenue to mission by reducing utility, technology, and rent costs.
Short-term cash-flow loan to cover the Land Trust's start-up costs and initial operations. The loan is backed by government contract for reimbursement.
Short-term loan to acquire Park Place Apartments in order to create 10 units of affordable and 2 units of supportive housing.
Investments in companies that reduce barriers to STEM and close access gaps for low-income communities and communities of color, focusing on healthtech, edtech, fintech, and various climate-related tech. Emphasis will be placed on diverse-led companies or companies committed to DEI principles.
Impact Values Partners invests in preserving and developing affordable apartments (40% of units are dedicated to renters at and below 80% AMI) and transformative developments, which incorporates residential, commercial, and recreational spaces in mixed-income communities designed to create equitable and quality places to live.
Green Alpha Advisors invests in companies creating solutions to global systemic risks (e.g., the "next economy" regarding how goods are produced and consumed), focusing on helping humankind maintain and improve our standards of living while simultaneously reducing our planetary impact.
A woman-founded and diverse fund manager that invests in companies aligned with social justice values, using community-sourced impact data to screen investments based on 1) racial justice; 2) gender justice; 3) economic justice; 4) climate justice; and 5) movement alignment.
The PRI loan seeded a loan pool for the development and preservation of affordable housing and community facilities development in Delaware. At the time, duPont Fund's loan was the second largest debt investment on NCALL's balance sheet and represented 17% of all borrowed capital.
The MRI (unsecured bond) seeded a loan pool for the development and preservation of affordable housing, community facilities development, and small business development in Delaware.
The PRI loan served as bridge capital near the completion of the Diocese of Delaware's capital campaign to renovate Camp Arrowhead in Lewes, Delaware. The loan and a series of small duPont Fund grants helped the Camp to improve facilities, enabling the Diocese to more intentionally focus on inclusive and diverse programing and activities while raising additional financial support to subsidize camp visits for youth in urban areas across the state.
The MRI (unsecured bond) provided loan pool capital for the development and preservation of affordable housing, community facilities development, and small business development in Delaware.
The certificate of deposit served as equity in the CDFI, helping to cover the cost of PPP lending during COVID-19 and expanded the number and amount of PPP loans available to diverse small business borrowers in Northeast Florida.
Multiple impact investors seeded the loan pool, which was designed to increase access to capital for under-served, under-represented borrowers in Northeast Florida. A complement to the existing lending ecosystem, the JMF invests in innovative fintech platforms to generate affordable, non-predatory-priced loans to low- and moderate-wealth individuals and entrepreneurs.
The PRI loan to the vertical farm provided working capital and capital improvements to scale a pilot farm in Wilmington, Delaware. The farm trained and provided a living wage and benefits to formerly incarcerated citizens with the ultimate goal of reducing recidivism in Delaware and providing long-term career opportunities for returning citizens.
The PRI loan provided low-interest debt to support financing clean energy projects–particularly solar and climate solutions in Virginia.
The MRI (unsecured bond) provided low-interest debt for the development and preservation of affordable housing, community facilities development, and small business development in Virginia.
The PRI loan contributed to pooled capital for the development and preservation of affordable housing, community facilities development, and small business development in Virginia.
A private equity investment in a Southeastern housing fund that purchased 219 distressed single-family homes in low/moderate income census tracks, renovated them, and offered quality affordable and workforce housing to renters. Over 85% of renters are 80% of AMI and below and benefit from financial incentives to repair their credit and to participate in coaching to improve their financial outlook and become mortgage ready.
Only 1.3% of the $69 trillion in invested global assets are managed by firms owned or led by women and people of color. This private equity investment is in a fund-of-funds that invests in impact-focused fund managers 1) who accept Illumen Capital's bias-reduction coaching in order to increase diversity and inclusion within the firm, and 2) who focus on markets where bias /unconscious bias may hinder returns, such as education, financial inclusion, and health and wellness.
A private equity investment in a fund of impact-minded and diverse companies that are in direct alignment with the duPont Fund's values of equity/inclusion, sustainability, addressing climate change, and financial opportunity for all. The majority of companies in Fund II are women- or BIPOC-owned and led.
Global public equity fund that uses an active investment strategy to integrate sustainability into mainstream capital markets. An ESG-screened fund, Generation believes that sustainability decisions influence the underlying drivers for long-term positive performance.
Domestic fixed income fund that uses ESG evaluation in its research process to identify risks that could impact investment performance. Longfellow is woman-owned and a certified Women's Business Enterprise.
Public equity fund that invests in companies that are industry leaders with regard to ESG practices.
Public equity fund (closed) that used positive ESG screening to invest in US large- and mid-cap companies with a strong record of community engagement and investment with economically under-served communities.
The guarantee contributes to $38 million in unfunded guarantees from 12 impact investors to provide credit enhancements and accelerate community development in the U.S. Guarantees increase intermediaries' (e.g., CDFIs) lending capacity to businesses and groups that have traditionally lacked equitable access to capital, including an emphasis on those led by women and BIOPOC. CIGP's areas of focus include housing, small businesses, and climate solutions. Decisions are made using diversity, equity, and inclusion lenses with a long-term goal to inform lenders how CIGP's actual risk of equitably deploying capital compares to lenders' perceived risk.
The PRI loan supported extensive repairs and rehabilitation of the church campus following the devastation of Hurricane Michael.
The PRI loan provided loan capital for the development and preservation of affordable housing and community facilities development in Jacksonville. LISC's first use integrated the duPont Fund's loan into the capital stack for the rehabilitation of the historic Barnett Building in downtown Jacksonville, ensuring successful financing of the highly visible project.
The PRI loan provided secondary capital for establishing the low-income designated JAX Metro/Self-Help Credit Union in Jacksonville, extending subordinated debt as part of the $6 million in external capital required for the new branch.